Information on Buying a house - relocation purposes.

The five distributive bargaining methods (recognize the situation, set a reservation price, use bracketing, use common social norms, and learn the role of framing) can be found here: http://www.prenhall.com/behindthebook/0131868667/pdf/CarrellCh03final.pdf To buy a house, you would use these to first realize that a house purchase is something that is generally open to negotiation. Very few people who sell their homes aren't willing to negotiate the price or other terms. Before you make an offer, determine a price you're willing to pay - and one you will not go above, even by a penny. Then, start with a price (offer) below that amount. Bracketing can be used to form a bracket of numbers between the seller's desired price for the home and the buyer's original offer. Then, the negotiations begin and the final purchase price should fall somewhere in that bracket. Common social norms dictate the majority of the real estate transaction, because there is a method generally used to buy a home.