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You have been relocated by your employer to a new city for an assignment that will probably last for two years…….


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You have been relocated by your employer to a new city for an assignment that will probably last for two years.  You do not want to sell your home, a four-bedroom, two-bath Tudor, so you decide to rent it.  A friend of yours in real estate has a potential lessee for you to meet.  He is a 30-something, single doctor beginning a two-year residency in the local hospital.  You have some concerns about a single guy living in your house and taking care of it the way you would, but you agree to meet with him and possibly negotiate a lease.

 

 

Answer these questions (Academic answer, thinking process, relevant examples and referencing needed).

 

 

Q1:                  Who are the interested parties in this negotiation and what are their prospective goals?

 

Q2:                  What are five options you are willing to propose in this negotiation so that all parties’ goals are met?

 

Q3:                  Which bargaining style would be most advantageous to you in this negotiation?

 

Q4:                  What are the collaborative goals in this negotiation?

 

Q5:                  Have you gone into this negotiation with a cognitive bias?  If so, explain?

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