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Real Estate - Negotiations
Members of The Advisory Group have personally negotiated complex
transactions judged successful by both parties. A practiced objectivity
— critical in assessing points of view — has proven invaluable in
successfully concluding transactions in which participants’ views would
otherwise be clouded by emotions.
Success Story: When negotiations over the sale of 1,700 apartment
units stalled for a fourth time, an Advisory Group executive stepped in
to offer creative solutions. Difficulties in the negotiations included
disagreements over maintenance issues, new financing, assumption of
existing financing, and equity distributions to existing owners. The
creative solutions developed by the executive directed the effort toward
a transaction that was judged as a success by both the seller and the
buyer.
Success Story: Contentious negotiations between two real estate
investors created a bitter stalemate that threatened to ruin a viable
deal and trigger potential losses of millions of dollars for each
investor. Discussions had disintegrated to such a low level that both
parties appeared willing to accept a costly real estate loss just to
make a personal statement. An Advisory Group member, however, was able
to operate as a mediator searching for common interests and forged a
mutually acceptable resolution resulting in profitable results for both
parties.
Our negotiation skills feature the following aspects:
• Understanding opposing positions
• Developing win/win options
• Providing objective advice
• Offering creative solutions
• Remaining willing to listen
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