Haggling is something that we don’t experience on a daily basis in the American culture, but it an extremely valuable skill – literally. Sure, it can be difficult at first but once you get a hang of it, you’ll be able to haggle your way to lower prices on all the items you want to purchase and better prices on products to sell.
So if you find yourself out on a yard sale, consider these 4 tips to get the best investment you can.
1. Don’t mind what others think of you.
This is the first step to becoming a pro haggler. Those who are good at it don’t care what others say about them. It’s very easy to be coy and submissive around other buyers who are willing to settle for any price. On the other hand, you’re out to spend your money well so thicken up and haggle away.
2. Do your homework.
If you’re looking for a certain items or appliance sale and purchase, do a bit of research. Before you head out, check just how much the price of a certain item really is. A good trick here is to even print out or save the product description to your smart phone. You can show this to the seller if things get a bit more aggressive.
3. Be open minded.
If an item is priced at $500, the best deal you can get is to get it at $400. So start with that. Surely, the seller won’t easily give in. Now, s/he will ask for $480 but the most realistic goal here is for you to hit the $450. This way, you get to have a good deal and compromise.
4. Show hesitation.
This is a classic trick in the haggling book, which still works. Show the seller that you’re hesitant to buy it because s/he is pricing it too high. To do this all you need to do is remain silent when they make an offer. You’d be surprised just how willing they end up becoming. They’ll be the ones giving it to you at the best price just for you to get it.
So the next time you’re out and about looking for great deals, go ahead and haggle. This way, you’ll be able to get the most out of your money.