Final answer:
When buyers and sellers are "at odds," commercial brokers must be prepared to negotiate compromises. Compromise is a process where conflicting parties give up some of their demands in order to reach a mutually acceptable agreement.
Step-by-step explanation:
When buyers and sellers are "at odds," commercial brokers must be prepared to negotiate compromises. Compromise is a process where conflicting parties give up some of their demands in order to reach a mutually acceptable agreement. In the context of buyers and sellers, compromise might involve adjusting the price, terms, or conditions of a transaction to meet the interests of both parties.
For example, if a buyer wants to purchase a product at a lower price and the seller wants to sell it at a higher price, they can negotiate a compromise by settling on a price that falls somewhere in between, satisfying both parties to some extent.
Therefore, in situations where buyers and sellers are at odds, commercial brokers must be skilled negotiators who can facilitate compromises that benefit both parties involved.