As Robert Redford suggested to Demi Moore in 1993’s Indecent Proposal, the most surprising of arrangements can be negotiated. The critical recipe is agreement between two parties.

Cate and Amy discuss some of the quirkiest negotiations they have handled, from auction bidding clauses to settlement conditions, including a crazy story about a client who bid at auction with a disclaimer that stated, “subject to my wife liking it” once she returned from her interstate conference.

Defining the differences between contractual variations, subjective clauses and conditions that impact settlement, the pair equip their listeners with a solid appreciation of the flexibility of legal arrangements, and they enjoy blasting the myth that auction contracts cannot be adjusted.

From tough penalties, to creative leaseback options, this episode takes listeners on a journey that is invaluable when it comes to deciphering purchase contract and understanding some of the most critical things that can bridge the most challenging aspects of negotiations.

Links:

https://www.theelephantintheroom.com.au/podcasts/023
https://www.smartpropertyinvestment.com.au/research/14898-the-negotiation-tactics-that-can-ruin-a-deal
https://www.catebakos.com.au/staging/wp-content/uploads/2014/06/API-Magazine-11-Negotiation-Tactics.pdf
https://realestatetalk.com.au/negotiate-like-a-pro-cate-bakos/
http://www.smartpropertyinvestment.com.au/opinion/15227-the-best-and-highest-method-of-bidding

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Cate Bakos

cate@catebakos.com.au

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