Communication & Negotiation Flashcards
What mediums do you use to communicate? How do you decide on the most effective medium?
- In person
- Over the phone
- Letter
Make a professional decision based on my audience
Give an example of when you have communicated well?
Collecting evidence whilst undertaking a marketing report for a client
Communicated with local agents via telephone
- Open/transparent about nature of my call
Achieved good level of engagement from the agent as a result
Give an example of when you have negotiated well?
Letting a retail unit in Beverley
- tenant offered 5% lowed than asking price
I used comparable evidence to inform my negotiations
- agreed more favourable terms on behalf of my client
What did you learn during your CPD on soft skills and effective negotiation? How has it helped you in pitching for new work?
Soft Skills
- Eye contact is key
Negotiation
- Always know your win win and bottom line before entering into negotiations
- Research your topic beforehand
Oakwood Park
How did you ensure effective communication
Ensured any communication was:
- Clear
- Concise
- Complete
- Courteous
Oakwood Park
How did you use site maps as a visual aid?
During presentations
- Useful for visualising elements of the sites in the presentation room and out on site
Toll Gavel, Beverley
What aspects were you negotiating over?
- Rent level
- Rent free
Toll Gavel, Beverley
What were your negotiable and non-negotiable aspects of a potential deal?
Non-negotiable
- 10 years unexpired term
Negotiable
- 6-12 months rent free
Toll Gavel, Beverley
How would you negotiate/communicate differently with an agent from a non-represented tenant?
Ensured that language used would suit audience in terms of complexity
Toll Gavel, Beverley
What advice would you give a non-represented tenant in a lease negotiation scenario
Advise that they seek advise before negotiating HoTs
- Code for Leasing Business Premises 2020
Toll Gavel, Beverley
What do you mean when you say ‘negotiated Subject to Contract’?
Any negotiations did not make a formal contract of sale