The Secret to Winning More Recruiting Negotiations

by | Jul 14, 2023

In a post from the archive, Dave Mashburn describes the mindset of high-performing negotiators.If you go into a negotiation believing the worst and expecting to be taken advantage of, you’re likely to be too aggressive and competitive. Your motive is to win the battle.On the flip side, if you are overly concerned about offending, you’ll likely be passive and make too many concessions. This mindset produces poor results too.What’s the alternative?A mindset that assumes a positive outcome for both sides.A positive expectation breeds trust and acceptance of the other party as a reasonable and rational person.It creates a baseline of legitimacy of both party’s needs and minimizes the gamesmanship. The jockeying for the best maneuver to “win” is no longer the central goal.The research on how much this mindset affects outcomes is remarkable.In one political negotiation experiment (the most difficult type), it improved outcomes from 34% positive to 82% positive for both parties.One caveat—this does not mean you just blindly trust the other person.You should still retain the right to assess whether your opinions/beliefs are being considered and your expectations should remain high.The right principles are always the eternal ones: Assume the best in people first and your success will improve.

 

The Simple Psychology of Real Estate Recruiting [2nd Edition]

Unlock the secrets of effective real estate recruiting. Revised to include actionable frameworks for sharper execution and to help you turn psychological theory into a repeatable recruiting system.

Creating Pacts to Avoid Distraction

Creating Pacts to Avoid Distraction

Notice the two parts to Nir’s formula: a pre-commitment and an external force to keep you accountable to that commitment. For recruiting setting goals and time-blocks in your schedule is not enough. Most people need some kind of external accountability, as well.

Look for Individuals Who Want to be Measured

Look for Individuals Who Want to be Measured

It’s not that people with a growth mindset don’t experience failure—they just see failure as an opportunity to learn new things, to be challenged, and to experience curiosity. This is an important topic to cover during interviews and follow-up conversations with your prospects. If you find someone who likes being measured, you’ve likely found someone who will push through the inherent failures of growing a real estate business and experience long-term success.