Easily Hide Alternative Choice to the Option To Buy Agreement

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How to Hide Alternative Choice to the Option To Buy Agreement

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[Music] okay lets say you get a hundred thousand dollar property its worth that and you get it on an option for 80 000 like you said you Market it and then somebody says Hey I want to buy it lets do it are you like buying it like youre exercising the option to buy it yourself and then youre selling it to them with a double closing or are you somehow assigning the option and they jump in how does that other mechanics of that work so weve been really fortunate we have expanded um but when we started doing this method Im about to tell you about we started in Arizona and we work with Great American Title Agency out of Phoenix there they have been awesome and I recommend them to everybody weve also found one in Tennessee that we use and what weve been able to do with them is do a true a to c double close where they use the buyers money and they pay everybody and that has been a huge game thats big deal not not only that theyre able to do it without disclosing what our profit wou

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What is a BATNA and WATNA example?

A bad BATNA is also known as a WATNA, or worst alternative to a negotiated agreement. Telling a supplier, for example, that you dumped your last partner and are desperate to do a new deal is a surefire way to ensure the supplier will highball you on price and resist compromising.

What is the BATNA best alternative to a negotiated agreement?

Your best alternative to a negotiated agreement, or BATNA, describes a your best possible outcome if the current negotiations fail. In negotiation, your best source of power is typically your best alternative to a negotiated agreement, or BATNA.

Should you reveal your BATNA?

Dont reveal a weak BATNA. A bad BATNA is also known as a WATNA, or worst alternative to a negotiated agreement. Telling a supplier, for example, that you dumped your last partner and are desperate to do a new deal is a surefire way to ensure the supplier will highball you on price and resist compromising.

What is the difference between BATNA and WATNA?

BATNA: Best Alternative to a Negotiated Agreement WATNA: Worst Alternative to a Negotiated Agreement Popular Attribution to Fisher Ury, Getting to Yes.

What is an example for WATNA?

In some cases, the WATNA may cause a negotiating party to look at their predicament from a different angle. This means they may reconsider their position and agree to a compromise that helps them avoid serious ramifications. Common examples of WATNAs include: A loss of business, suppliers, employees, or distributors.

What is the difference between negotiation and BATNA?

BATNAs exist when negotiations are not agreeable to the parties involved. A BATNA represents the most attractive option available if negotiations fail. BATNAs are used to determine the reservation valuethe worst possible offer a negotiator is willing to accept.

What is an example of a BATNA?

Example of BATNA If we assume that Tom can sell his car to someone else for $8,000, then $8,000 is Toms BATNA. In such a scenario, an agreement will not be made, as Tom is only willing to sell for a minimum of $8,000, while Colin is only willing to purchase at a maximum of $7,500.

What is the purpose of WATNA?

In a negotiation, your WATNA, or Worst Alternative to a Negotiated Agreement, represents one of several paths that you can follow if a resolution cannot be docHubed.

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Hide Alternative Choice to the Option To Buy Agreement