What is BATNA? (hint — If you’re in real estate you want to know this term)

BATNA. You’ve probably heard the concept before but maybe not the acronym. It stands for: Best Alternative To Negotiated Agreement So basically, it is your walkaway power. If your BATNA is better than the BATNA of the other side that you are negotiating with, then YOU have the power in the negotiation. One example of […]