How to Haggle – Walk Away!
I get asked a lot “how do you haggle”? I have one simple rule to haggling – walk away! Whenever I am negotiating I find the easiest way to do so is to simply walk away when the price isn’t right. If they really want to deal they will come after you. Of course this won’t work in most retail environments, but in person to person negotiations it works quite well.
For example, we were in Cozumel a few years ago and I found something I wanted. The initial price was ridiculous so I walked away. He followed me and came down about 25%, still too high, I walked away. Now 40% off, still too high, I walked away. After 20 minutes I got it 70% off what he was originally asking, the price I wanted it for.
This will work in many situations and is the simplest way to haggle. I find this incredibly invaluable when buying cars too. Just walk away and I bet the car salesman will come after you. Know the price you are willing to pay and stick with it…you won’t regret it!