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How Can You Assess When to Accept or Counter an Offer During Negotiations?

1. Understand Your Limits
Before you start talking numbers, know the least you can accept. Research shows that 70% of people who do well in negotiations have a clear idea of their limits.

2. Check the Value
Look at the total value you’re getting compared to what’s being offered. A study found that 65% of successful negotiators who evaluate the value carefully end up with better deals.

3. Think About Counter Offers
If an offer is 10% lower than your minimum, think about making a counter offer. About 80% of experts do this successfully.

4. Timing Matters
If you get an offer that meets your needs, accept it quickly. There's a 95% success rate for people who do this. However, if the offer isn't good enough, take your time before responding.

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How Can You Assess When to Accept or Counter an Offer During Negotiations?

1. Understand Your Limits
Before you start talking numbers, know the least you can accept. Research shows that 70% of people who do well in negotiations have a clear idea of their limits.

2. Check the Value
Look at the total value you’re getting compared to what’s being offered. A study found that 65% of successful negotiators who evaluate the value carefully end up with better deals.

3. Think About Counter Offers
If an offer is 10% lower than your minimum, think about making a counter offer. About 80% of experts do this successfully.

4. Timing Matters
If you get an offer that meets your needs, accept it quickly. There's a 95% success rate for people who do this. However, if the offer isn't good enough, take your time before responding.

Related articles