3 Tips for Negotiating Salary

Negotiate Salary with These 3 Tips

By Kristi Desepoli, Heritage


Negotiating a job-offer is rarely an easy task. Although every situation is unique, there are some strategies the can help address many of the obstacles people face when it comes to negotiating with prospective employers.


Here are some rules to help you navigate these discussions:


Do not undervalue the importance of your likability

Although this may seem simple, people are not going to fight for you if they don’t truly like you.  If you do anything throughout the negotiation process that makes you less likeable, it’s not probable that they will work to get you a better offer.  This pertains to not coming off as greedy when asking for what you deserve and being persistence without being a pest, rather than just making sure you are being polite.


Help them understand that you deserve what you are asking for

Aside from being liked, you also have to appear worth the offer that you are requesting.  Never assume that your request can speak for itself, always give the details that go along with it.  Rather than just requesting a higher salary, state the reasons why you are more qualified to receive more money.  If you do not have any justifying reasons behind your request, it may not be worth your while to make it in the first place.


Make it clear that they can get you

It can be a process for employers to get approval for salary negotiations depending on the structure, and they won’t want to jump through hoops for someone that they think is still going to say “no, thank you” regardless of the outcome.  If you plan on negotiating with a prospective employer, make it clear that you are serious about working for them.  Although some employers may jump to meet your demands when they hear that other employers are doing the same to get you; some may take that as a sign that they may be wasting their time on someone who isn’t likely to pursue their offer.


Although every situation is unique, be sure to utilize these tips to make your negotiation process as smooth as possible.

Best Tips to Negotiate a Home Purchase

Best Tips to For the First Time Home Buyer

Buying a home has always been the biggest and most consequential financial move that most people make in their lives. The 2016 environment can make it especially challenging, leaving little margin for error. The biggest mistake prospective homebuyers can make is to embark on a pursuit of their dream home without having a well-conceived plan in place. Every buyer and seller seek the best possible terms for their deal, but how do we get there? Negotiating a home purchase is often like a chess match. It requires a clear view of the playing board as you plan your next several moves in advance.

Understanding the Market as a Buyer

Negotiating a home purchase must start with the understanding that sellers want the highest price and buyers want the best possible deal. The final outcome will fall somewhere in between.. However, at any given time, one party is going to have the upper hand in the negotiation. This of course is dependent on the market conditions. In a buyer’s market, when there is greater supply than demand, the buyer can negotiate from a position of strength. In a seller’s market, where there is less supply than demand, the seller has the upper hand. Having a clear understanding of the local market conditions is vital going into a transaction.

Evaluate assets and liabilities

One of the most important things is to make sure you don’t get in over your head. The last thing you want is to purcahse a house that is well above your means. So it is critically important to do an asessment of your current assets and liabilities.

So you don’t owe too much money and your payments are up to date. But how do you spend your money? Do you have piles of money left over every month, or are you on a shoestring budget?

A first-time homebuyer should have a good idea of what is owed and what is coming in.