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Old 07-25-2011, 12:09 PM
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Dan Bretta
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Join Date: Apr 2009
Location: Lincoln, Nebraska
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Quote:
Originally Posted by Exhibitman View Post

I watch Pawn Stars with my daughter and I try to use it to discuss negotiating techniques with her. One of the things I tell her is never to give your opponent information that can be used against you--like answering a cost basis question from an opponent or volunteering that the item cost a certain amount, or assigning a value to it. Whenever some rube tells Rick that he paid ten bucks for the item at a garage sale, you know he's going to get low-balled in the negotiation. The correct answer is "what I paid and what I value it at are irrelevant to the discussion of what it is worth to you on resale."
The Pawn stars give their "opponent" information all the time by calling in "experts" and letting the expert tell them what it's worth right in front of the seller. I doubt they ever do this when the cameras aren't rolling.
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