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Bargaining Negotiations (Online)
205 – Bargaining Negotiations: Provides an overview of the steps involved in bargaining negotiations, how to determine whether negotiations are progressing in a bargaining or problem-solving mode and the specific skills and attitudes required of successful bargainers.successful bargainers.
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Course Number:
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C205 Online
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Course Title:
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Bargaining Negotiations
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Course Level:
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Advanced
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IRWA Credits:
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16 QEU / CEU
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Prerequisites:
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IRWA Courses 100 “Principles of Land Acquisition,” 200 “Principles of Real Estate Negotiation,” and/or 201 “Communication in Real Estate Acquisitions” (or their equivalents)
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Course Description
This course teaches the skills required to win at bargaining negotiations. Problem-solving negotiations are widely accepted as the preferred type of negotiations. However, successful acquisition professionals must be effective at both bargaining and problem-solving negotiations so they are thoroughly prepared in the event that they encounter an attorney or property owner who insists upon a hard bargaining stance.
Participants will learn:
- The steps in a bargaining negotiation
- How to analyze the negotiations to determine if they are progressing in a bargaining or problem-solving mode
- How to identify the specific skills and attitudes required of successful bargainers
- How to make the initial offer
- How and when to grant concessions
- How to secure concessions from the other party
- Self-examination, role play and case studies tie negotiations to on-the-job situations
Credentialing
- New SR/WA: An advanced elective course that can be applied towards the RWP certification.
- Industry: An advanced course that can be applied towards the Generalist pathway in the RWP program.
- Specialist: An elective for the R/W-AMC, R/W-EC and R/W-NAC programs.
Topics
- Problem-solving vs. bargaining negotiations
- When to bargain
- Characteristics of bargaining
- Factors to consider before negotiations start
- Use of threats and promises
- Case Studies: practical exercises in bargaining negotiations
Course Tuition includes
- Participant Manual (in PDF format available for download at completion of course)
Recommended Material
Who should take this course
This course is designed for right of way professionals who are dedicated to reaching optimum agreements even when they encounter negotiators who pursue more conflict-oriented negotiation styles.
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