Lumber Sale Negotiation Scenarios

The video transcript details a negotiation over 11 tons of lumber. Initially, the sellers plan to sell the lumber in Cal Tag but face challenges due to ice. They seek a local buyer and discuss the lumber's specifications. An initial offer of $6,500 is made, but the sellers want more. After negotiation, a deal is reached at $7,500 if the sellers can move the lumber half a mile. The buyer, Randy, plans to use the wood for personal and community purposes. The sellers decide to accept the offer due to time constraints and environmental conditions.

What initially caught the attention of the townspeople?

• A large shipment of food

• A famous celebrity

• 11 tons of lumber

• A new type of vehicle

What was the group's original plan for the lumber?

• To build a bridge

• To use it for personal construction

• To sell it for cash

• To donate it to the local school

What was the diameter range of the logs?

• 20 to 24 inches

• 15 to 19 inches

• 10 to 14 inches

• 25 to 29 inches

What was the initial asking price for the entire package?

• $7,500

• $6,500

• $9,500

• $8,500

What was the counteroffer made by the buyer?

• $6,500

• $8,500

• $7,500

• $5,500

What condition did the buyer set for increasing the offer?

• Moving the logs half a mile up the slew

• Reducing the number of logs

• Providing additional equipment

• Delivering the logs to a different town

What was the final agreed price if the logs were moved?

• $9,500

• $8,500

• $7,500

• $6,500

What was the main reason for selling the lumber locally?

• Local demand for lumber

• Time constraints due to ice

• Better price offered

• Lack of transportation

What will Randy use the wood for?

• Building a new house

• Keeping his family warm

• Constructing a school

• Selling it to a neighboring town

What was the potential additional profit if the lumber was taken to Cal tag?

• Another $1,500

• Another $1,000

• Another $2,000

• Another $500