Haggling, or bargaining, is the process of negotiating the price of goods or services between a buyer and a seller. This practice is common in markets, flea markets, and some retail environments, where the initial price is often flexible. The goal is to reach a mutually agreeable price that satisfies both parties. During haggling, buyers may offer a lower price than what is initially presented, while sellers might counter with a higher price than they are willing to accept. Successful haggling often involves communication skills, understanding the value of the item, and sometimes, knowledge of market trends related to the item being negotiated, such as antiques or handcrafted goods.