How to Negotiate a Purchase Price

A couple of weeks ago, a friend called on me to help her buy some furniture for her new house. Specifically, it was a 3 piece living room set with beautiful handcrafted mahogany wood with crimson chenille fabric. The price tag was beautiful too at a whopping $2500.00. The only problem was that the furniture store had a “no haggle” policy. The first question I asked her was if she felt she was getting a good deal at that price. After 3 minutes of pondering, her answer was, “if I could find something very similar to this for about half the price I would be very happy.” What I heard is, “I wish I had more control over what I pay blah blah blah.” Personally, I wish she had more confidence in herself and her ability to get what she wants for the price she wants to pay!

Around my neck of the woods, my friends and family call me “the negotiator.” It’s seldom that I pay full price for anything but at the same time, I have everything that I want. What I tell people is, “how do you know if you don’t ask.” Most people take for granted that the price tag is what they have to pay but most big purchases, multiple purchases, and sometimes mom and dad type businesses are more than happy to give you a break but only if you ask for it. Of course, there are several places out there that have the same no haggle policy but if you wait, the sales will come and if you any knowledge of the internet, you can find coupons to further your discount.