“We’re in this together” is a common phrase or mantra that we hear a lot these days. No one is exempt from the impact of the coronavirus.
Job loss, financial loss, isolation, stress, and uncertainty are common threads that tie everyone together. No one is exempt.
Landlords and tenants are no exception.
While tenants who have lost their jobs are worried about where they will go when the moratorium on evictions has lifted, landlords stress over how they will pay their mortgages, support their families, and maintain their properties, without their needed rental income.
As the moratorium on evictions continues to be extended, landlords and tenants need to be proactive in working together to negotiate agreements that support both their needs.
Homes in Pauoa Valley. COVID-19 has made it difficult for many renters to make payments. That’s why landlords and tenants need to communicate frankly.
Cory Lum / Civil Beat
In the highly acclaimed negotiation book, “Getting to Yes,” by Roger Fisher and William Ury, the authors explain that negotiators don’t have to choose between either waging a strictly competitive, win-lose negotiation battle or caving in to avoid conflict. Rather, they argued that bargainers can and should look for negotiation strategies that can help both sides get more of what they want.
By listening closely to each other, treating each other fairly, and jointly exploring options to increase value, negotiators can find ways of getting to yes that reduce the need to rely on hard-bargaining tactics and unnecessary concessions. This is the approach that landlords and tenants must take.
Landlords and tenants must engage in honest conversations about their current situations. Gaining an understanding of what’s important to one another can lay the foundation for successful negotiations that result in agreements that support the immediate needs of both landlord and tenant.
The key to success is talking and working together.
Payment plans, rent reductions, forgiveness, deferred payments, or work maintenance agreements are all possibilities. Working together to access funds from the state’s new rental assistance program is another option. The key to success is talking and working together.
The coronavirus has taken a toll on everyone, financially and psychologically. Albert Einstein once said, “In the midst of every crisis, lies great opportunity.”
Now is the time for landlords and tenants to work together. Landlords don’t want to evict good tenants, and tenants want to pay their rent.
Engaging in honest conversations is the first step in negotiating successful agreements that will lay the foundation for a stronger relationship and a future success for all. We truly are in this together.
Sign up for our FREE morning newsletter and face each day more informed.
"between" - Google News
September 17, 2020 at 05:12PM
https://ift.tt/2ZMP7aA
Honest Conversations Needed Between Landlords And Tenants - Honolulu Civil Beat
"between" - Google News
https://ift.tt/2WkNqP8
https://ift.tt/2WkjZfX
Bagikan Berita Ini
0 Response to "Honest Conversations Needed Between Landlords And Tenants - Honolulu Civil Beat"
Post a Comment