Negotiating a price via email is part science, part art.
You must know which buttons to push, when to apply pressure, and when to walk away. Negotiation is delicate and difficult – but do it properly, and it gets results.
Here, we show the art of negotiating prices via email. It starts with an explanation of some of the fundamentals. Then, we outline the email format and finish with 7 price negotiation email samples and a customizable template.
Do you want to know the best part? This is all free – so there's no negotiations needed.
How to write a price negotiation email
Business bible Forbes provides 15 tips to negotiate a price, which is a great place to start.
Instead of getting aggressive or threatening to walk away, listen to your customer and work together to find a conclusion.
Of course, when you're buying something, you'll want to pay the lowest price possible. But what happens if a client or customer tries to lowball you? You'll need to go back to them with a counteroffer that demonstrates the value you offer.
Remember, whenever you're writing a price negotiation email, you and the recipient have a shared goal: striking a deal. So, while you can expect (and should enjoy) a little back and forth as you negotiate the price, in the end, you should reach a mutually beneficial agreement.
As you can see, your price negotiation emails must do some heavy work, so you should always stick to a format.
How to negotiate a price (in 4 parts)
The typical structure for a price negotiation email includes four parts:
- introduction
- justification
- counteroffer
- conclusion
Let's examine these in more detail.
1. Introduction
This sets out who you are. Don't try to be too friendly if you're about to ask for a discount or push for a higher price. Instead, stay formal and focus on the goal.
2. Justification
Before you present your price, you'll need to justify why the current price is unacceptable. There are several reasons, including a lack of budget, a cut-price offer from a competitor, or a lack of perceived value.
Don't be too critical, or you could upset the person. Ensure your tone is professional, courteous, and confident.
3. Counteroffer
If you're walking away, you could end the email right there. But we both know you're not going to do that. So, it's time for you to present your counteroffer. Present your price, provide reasons why, and leave it there.
There's a temptation to add lots of information here – but don't. Instead, let your figures do the work.
4. Conclusion
You've set a price; now smooth things over and provide a way forward. This may include setting out dates for your agreement or agreeing on a time for a meeting.
If you're in the end stages of a deal or can't (or won't!) budge on price, say so. Phrases like these will ensure the reader knows there's no room for more negotiation:
- This is my last and final offer
- I can't go any lower
- This is the rock-bottom price
Then, click send and hope you've struck a deal.
Price negotiation email format
So now you should understand the basics of business negotiation emails.
The most effective price negotiation emails have a straightforward layout that's easy to read and understand. You should also strip out the excess and keep emails to an appropriate length.
They also stick to the traditional formal email format, with a clear subject line, body copy, and a positive (but professional) ending and sign-off.
Here's a step-by-step breakdown of the formal structure:
1. Price negotiation email subject line
In many cases, your price negotiations will
If you do want to refresh things or send a new negotiation email, choose a subject line that's specific, relevant, and attention-grabbing – like these!
- Here's our latest offer
- We need to chat about price...
- Let's strike a deal
2. Price negotiation email body
Price negotiation emails are highly specific to your situation and circumstances, but they all include some common things. Before getting into the meat of the message, provide a positive greeting and some scene setting:
- I hope you're having a great week! We've reviewed your proposal and have some feedback and suggestions about the price.
Follow up with a brief explanation of your reasons for wanting to negotiate the price:
- The proposal is strong and contains everything that we requested. However, the total cost is much higher than we expected. While we would like to work with you, we have to ensure that we get the best value for our investment.
You've got a counteroffer, right? Now is the time to share it with the person. As well as the price, explain the benefit to the recipient.
- We have reviewed your proposal (and those of several other companies who have bid for the work) and come up with a counteroffer. We are prepared to pay (insert price) at this point. While this isn't all you have asked for, it's the start of our relationship, and we will be looking to invest in our partnership when this is a success.
Finish with a positive closing message.
- Please take some time to review our counteroffer and come to a decision. As I have explained, we would welcome the opportunity to work with you and hope you come back to us with some positive news!
3. How to end a price negotiation email
It's time to wrap up, and it's polite to thank the recipient and set out the next steps. You can also request a reply (as we do here).
- Thank you for submitting such a detailed and valuable proposal. We're looking to make a final decision by (insert date), so please reply to our counteroffer by this date. We wish you all the best for the future.
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Use MailMaestro's Improve existing email feature. Customize any of the email examples below to suit your needs. Or, enter a quick sentence explaining the message you'd like to convey. After filling in the placeholders, use MailMaestro's Improve existing email option. Then, paste your draft into the text box. Make sure to select your preferred email tone and length. And just like that, you'll have a polished email ready to send!
7 price negotiation email samples
OK, now it's time to get to the bit you've all been waiting for, our email negotiation samples.
These cover several situations where you may want to challenge someone on price. Each negotiation sample aims to be persuasive and convey your point positively and courteously.
Whether you copy and paste these, or create your own, remember that every price negotiation email aims to reach a mutually beneficial agreement. You're building relationships, not breaking them!
1. Request for price negotiation email sample
The first stage of the price negotiation process involves refusing the first offer and saying you want to pay less. In this sample, we provide an introduction, an explanation of the need for negotiation, and a request for a revised price. It's the first step to settling on a figure.
2. Price negotiation email sample to a client
If a client comes to you with a request to negotiate, you'll need to engage with them to find a solution.
Explain if you're open to negotiating (hopefully you are), then explain your value and the impact you have before you give them your price.
3. Price negotiation email sample to a customer
If you need to change or increase prices with a current customer, you'll need to negotiate with them to settle on a figure that works. In this sample, we explain the need for negotiation with an offer.
Then, we present the benefit of your work to the client and request a reply to keep the conversation going.
4. Price negotiation email sample to vendor
Vendors carry your products to customers and need to make a profit, so any price change could impact that. Here, we explain why prices are changing (in most cases, going up!) and the need for negotiation. We also explain alternative ways to save costs that may mitigate the impact of this price rise.
5. Price negotiation email sample to supplier
Rising supplier costs can take a chunk of your profits, so always be prepared to negotiate price! Next, we set out why we need to challenge expenses and provide a fair and realistic counteroffer. You're in the driving seat, so to push things forward, we include a request for a reply.
6. Price negotiation email sample to business
When negotiating with another business, you'll need to understand where the power dynamic is. Are you in charge or them?
In this example, we assume you're looking for a new partner but need to negotiate on price. So we push as hard as we can to get a great deal!
7. Reply to price negotiation email sample
This sample should suit you if you've received a price negotiation reply (or a counteroffer). Start by saying whether you accept or reject the offer.
If you still want to work together, provide a counteroffer. You can leave the price there if you want, but the best emails include an explanation of the rationale and a request for further negotiation to strike a deal.
Real Estate Negotiation Emails
Negotiating real estate offers can be a complex process, whether you’re a seasoned professional or a novice buyer. Having the right tools, like our Negotiating Real Estate Offers Samples, can greatly simplify the process.
These real estate email templates are designed to cover various scenarios, from making a home purchase offer to drafting a property management agreement with a property management company.
Read on to discover how these realtor email templates can streamline your negotiations and for more tips, don’t forget to check out our guide on how to be more productive at work.
6 Negotiating Real Estate Offers Templates - Ready To Use
Negotiating real estate offers can be complex, and having the right tools is crucial for success. Our Negotiating Real Estate Offers Email Templates provide a comprehensive guide to streamline the negotiation process, addressing common pain points such as lack of clarity and inefficiency in communication.
These templates are invaluable for both seasoned realtors and first-time home buyers, helping them navigate the intricacies of property negotiations.
Template 1: Initial House Bid Email
This template is perfect for those making their initial home purchase offer. It's designed to convey interest and eagerness without giving away too much.
Email Template
Subject: Expressing Interest in [Property Address]
Dear [Seller's Name],
I recently viewed your property at [Property Address] and am extremely interested.
I love [mention specific features you like about the property].
I am considering making an offer and would like to discuss this
opportunity further.
Looking forward to your response.
Best,
[Your Name]
Template 2: Real Estate Counteroffer Email
This template is for those who have received an offer but are not completely satisfied and wish to make a counteroffer.
Email Template
Subject: Counteroffer for [Property Address]
Dear [Buyer's Name],
Thank you for your offer. After careful consideration, I would like to propose a counteroffer of [new price].
I believe this price better reflects the value of the property due to [mention specific reasons].
I look forward to your response.
Best,
[Your Name]
Template 3: Property Management Agreement Template
This property management agreement form is for those looking to enter a property management agreement with a real estate company or individual.
Additionally, a property management contract template is available for creating customized agreements tailored to specific terms, conditions, language, and clauses.
Email Template
Subject: Property Management Agreement for [Property Address]
Dear [Company Name/Manager's Name],
I am seeking professional services to manage my property at [Property Address].
I believe your company can provide the services I require and
I would like to discuss a possible property management agreement.
To let you know more about the property, here are some key details you should know:
[Enter key details about your property]
I look forward to further discussions.
Best,
[Your Name]
Template 4: Acceptance of Offer Email
This template is for when you have received an offer that meets your expectations and you are ready to accept it.
Email Template
Subject: Acceptance of Offer for [Property Address]
Dear [Buyer's Name],
Thank you for your offer on [Property Address]. After reviewing the terms, I am pleased to inform you that I accept your offer of [agreed price].
I am excited to move forward with the sale and will begin the necessary steps to finalize the agreement.
Please let me know if there are any additional documents or information you require at this stage.
Looking forward to completing this transaction.
Best Regards,
[Your Name]
Template 5: Request for Higher Offer Email
This template is used when you want to negotiate for a higher price than what was initially offered.
Email Template
Subject: Request for Higher Offer on [Property Address]
Dear [Buyer's Name],
Thank you for your offer on [Property Address]. While I appreciate your interest, I believe the property's value is higher than the offered price of [initial offer].
Considering the unique features and location of the property, I am seeking an offer closer to [desired price].
[Explain further why the offer should be higher]
I hope we can reach a mutually beneficial agreement and look forward
to your response.
Best Regards,
[Your Name]
Template 6: Clarification of Terms Email
This template is for when you need to clarify certain terms of the offer or agreement, ensuring it represents the entire agreement, before proceeding.
Email Template
Subject: Clarification Needed for Offer on [Property Address]
Dear [Buyer's Name],
Thank you for your offer on [Property Address]. Before we proceed, I would like to clarify a few terms to ensure we are on the same page:
[Term 1: e.g., Closing date]
[Term 2: e.g., Inspection contingencies]
[Term 3: e.g., Payment terms]
Please provide further details or confirm these terms at your earliest convenience. I believe addressing these points will help us move forward smoothly.
Looking forward to your clarification.
Best Regards,
[Your Name]
Why Negotiating Real Estate Offers Emails Are Important
These email templates for negotiating real estate offers are vital for ensuring effective communication, clarity, and efficiency in the often complex and fast-paced world of real estate negotiations. By providing structured formats for various scenarios, these templates become indispensable tools for seasoned realtors and first-time home buyers alike.
Whether you're dealing with a rental property agreement or drafting a property management contract, these real estate email templates help streamline the process and eliminate confusion.
Moreover, these templates are designed to address the specific needs of property owners and property managers. From negotiating rental agreements to finalizing a property management agreement with a property management company, having a clear and concise email template can make all the difference. These templates ensure that every detail is covered, promoting better understanding and smoother transactions between all parties involved.
Email template for price negotiation
If none of the previous business email templates is suitable, you can create your own negotiation emails with this customizable template. This provides a clear structure with relevant content. It's written in a professional tone that should suit most business situations.
To use this easy-to-customize template, you can work from top to bottom and fill in the gaps. Be sure to delete any irrelevant sections before you send it.
Final negotiations
Talking about money and negotiating price is difficult – but it's critical to strike the best deal for you and your business.
Messages must be clear and professional in any negotiation if you want to strike a mutually beneficial deal.
Once an agreement is struck, thank everyone involved and invest in building that relationship. It's a core part of encouraging and embedding a continuous improvement process.
The good news is that you no longer have to spend hours trying to craft a perfect email. With AI business assistants like MailMaestro, you can focus on developing the right negotiation strategy - and let AI do the emailing for you.