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How to Make the First Offer (or Not)

Should you make the first offer or wait? It depends — and getting it right shapes the whole negotiation. Here's how to decide, and how to anchor well.

Digby R. Kerr
By Digby R. Kerr — Wharton MBA, author of 12 books, founder of Kerr University™. 35+ years leading global business.

When to go first

If you have good information about the fair range, going first lets you anchor the negotiation in your favor. A confident, well-justified first offer pulls the final deal toward you.

When to let them go first

If you're unsure of the range or they may reveal a better number than you'd have asked, let them anchor. Then you have information and can respond. When in doubt, gather info first.

Anchor with justification

Whoever anchors, back the number with a reason: 'Based on the scope and market, X is fair.' A justified anchor is far harder to dismiss than a naked number, and sets a credible starting point.

Frequently asked questions

Should I make the first offer?

Go first when you know the fair range and want to anchor; let them go first when you're unsure and want information.

What is anchoring?

Setting the reference point for a negotiation — the first number tends to pull the final deal toward it.

How do I make a strong first offer?

Justify it with a reason — scope, market, value — so it's credible and hard to dismiss.

How can I get better at this?

Book a free 30-minute class to practice it 1-on-1 with Digby R. Kerr.

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