Apartment Negotiation
| apartment_negotiation_buyer.doc |
| apartment_negotiation_seller.doc |
| apartment_negotiations_pictures.doc |
Below are the roles for the negotiation. Print and give to the students. Each student should get one role... A buyer role, or a seller role... Let students read over the information and answer any questions students may have. Remind students that their roles, and the information on their paper is a secret and not to disclose the information to the other person, but to use the information in order to get a better price on the apartment. Of course remind students that the buyers are seeking the lowest price possible, and the sellers are seeking the highest price possible. If the students cannot come to an agreement in a specified amount of time, then they have both lost the negotiation. After the negotiation is complete, ask the students what their final out come was. Price per month... items for landlord to purchase... other things added into the negotiation...
Tally the outcomes on the board and see who won! Best buyer... Best Seller... most interesting side negotiations besides price and so on.
Below is all the information to have a look to see if it is appropriate for your class.
As always be sure to remind students, that this is an English only exercise and to reprimand students for using their local languages appropriately.
Buyer
You live in Summerville, a small city in America in a small apartment. You are getting a great new job as a pilot in New York city. You will be making a lot of money, but New York is the most expensive city in the world. Apartment 1 is the new apartment in New York City, you looked at already. It is similar to your apartment in Summerville, but you are interested in getting a nicer, bigger apartment because you will make lots of money with your new job. Apartment 2 is perfect!!! It is a nice big, new apartment that you love and it is in a good neighborhood near your job. If you have enough money you would love to live there… Negotiate with the landlord to find a good price that you both agree on. If you cannot agree on a price you must rent the small apartment and be unhappy for a year. Use the information below to help plan your negotiation. Good Luck!!!
New York Apartment 1 (Small): $3,300 a month
New York Apartment 2 (Big): ???
Your money for Apartment 10,000 a month… You want to get Cheapest Price for apartment!!!
*This is the MOST money you can use…
Negotiate for price of apartment each month.
If too expensive, can ask the landlord to buy things you want for the apartment.
Seller:
You are trying to rent you apartment as soon as possible. Each month that no one lives there you lose $3,000. It is very difficult to find people to live in the apartment, so you really want this person to buy the apartment. 6 months ago the people living there left, and you have not found someone to live there… You lost $18,000. You need this person to live there because you don’t have enough money to pay for the apartment anymore!!! Use the information below to help you plan your negotiation.
The people that lived there 6 months ago paid $6,000 a month.
You need to rent the apartment for MORE than $3000 a month, or you lose your apartment!!!
Similar apartments in the same building are selling at $7,500 a month.
*Both students are given the information below to help inspire specific arguments of negotiation, but not limited to these.
Good things about the apartment...
It is in a great Neighborhood with good schools.
It is on the top Floor with a beautiful view of New York City.
It is next to the subway, airport, zoo, fire station, police station, Grocery store.
The furniture is nice and new.
Bad things about the apartment…
If you open the windows it smells like smoke from the factory nearby.
There is no parking garage for your car.
The TV is broken.
The refrigerator and washing machine are very small.
There is Dog and Cat hair on the furniture.
Tally the outcomes on the board and see who won! Best buyer... Best Seller... most interesting side negotiations besides price and so on.
Below is all the information to have a look to see if it is appropriate for your class.
As always be sure to remind students, that this is an English only exercise and to reprimand students for using their local languages appropriately.
Buyer
You live in Summerville, a small city in America in a small apartment. You are getting a great new job as a pilot in New York city. You will be making a lot of money, but New York is the most expensive city in the world. Apartment 1 is the new apartment in New York City, you looked at already. It is similar to your apartment in Summerville, but you are interested in getting a nicer, bigger apartment because you will make lots of money with your new job. Apartment 2 is perfect!!! It is a nice big, new apartment that you love and it is in a good neighborhood near your job. If you have enough money you would love to live there… Negotiate with the landlord to find a good price that you both agree on. If you cannot agree on a price you must rent the small apartment and be unhappy for a year. Use the information below to help plan your negotiation. Good Luck!!!
New York Apartment 1 (Small): $3,300 a month
New York Apartment 2 (Big): ???
Your money for Apartment 10,000 a month… You want to get Cheapest Price for apartment!!!
*This is the MOST money you can use…
Negotiate for price of apartment each month.
If too expensive, can ask the landlord to buy things you want for the apartment.
Seller:
You are trying to rent you apartment as soon as possible. Each month that no one lives there you lose $3,000. It is very difficult to find people to live in the apartment, so you really want this person to buy the apartment. 6 months ago the people living there left, and you have not found someone to live there… You lost $18,000. You need this person to live there because you don’t have enough money to pay for the apartment anymore!!! Use the information below to help you plan your negotiation.
The people that lived there 6 months ago paid $6,000 a month.
You need to rent the apartment for MORE than $3000 a month, or you lose your apartment!!!
Similar apartments in the same building are selling at $7,500 a month.
*Both students are given the information below to help inspire specific arguments of negotiation, but not limited to these.
Good things about the apartment...
It is in a great Neighborhood with good schools.
It is on the top Floor with a beautiful view of New York City.
It is next to the subway, airport, zoo, fire station, police station, Grocery store.
The furniture is nice and new.
Bad things about the apartment…
If you open the windows it smells like smoke from the factory nearby.
There is no parking garage for your car.
The TV is broken.
The refrigerator and washing machine are very small.
There is Dog and Cat hair on the furniture.
Small New York Apartment 1
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Big New York Apartment 2
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