Evaluate the strength of your bargaining position for each, Ask an Expert

Management Studies

Consider the following hypothetical. You've entered into a contract to purchase a new house, and the closing is scheduled for next week. It's typical for some last-minute bargaining to occur at the closing table, where sellers often try to sweeten the deal. You have three options for the closing: (1) attend yourself; (2) send an attorney authorized to close only per the previously negotiated terms; or (3) pre-sign all the closing documents per the current terms and do not attend the closing. Evaluate the strength of your bargaining position for each option. Which of these would be the most advantageous? describe your reasoning.

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9107314

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