If it is possible – always leave the door open if negotiations fail to materialise. Interestingly, the best way to orchestrate this is by stating that although you cannot increase your final offer, should their vendor require a quick sale then please ask them to come back to you prior to re-advertising the property. This will inform them that at no stage will you increase your offer, however, you would be willing to help with a quick sale.
Summary
In this section you need to have understood the following:
• The four main points about negotiating
• Understand the effects of Emotional Time Pressure
• 7 tactics to use Emotional Time Pressure to your advantage
• End failed negotiations with the possibility of future prospective contact