It's not all about winning. Ep. 003

The Steven Rotsart Podcast

17-01-2023 • 16 min

Real estate transactions can often be viewed as a competition between buyers and sellers, with both parties striving to get the best deal possible. However, it's important to remember that a successful transaction is not always defined by who wins or loses.

For buyers, the goal is typically to purchase a property at the lowest possible price. However, it's important to remember that getting a great deal on a property doesn't necessarily mean you've won the transaction. A low purchase price may come with hidden problems, such as costly repairs or a poor location. It's important to do your research and consider all factors before making an offer.

Similarly, sellers may be focused on getting the highest price possible for their property. However, this can also be a short-sighted approach. A high sale price may not be worth it if the process is long and drawn out, or if the buyer is difficult to work with. A smooth, stress-free transaction may be more valuable to the seller in the long run.

In a real estate transaction, both parties need to be willing to compromise in order to reach a mutually beneficial agreement. By focusing on finding a solution that works for both parties, rather than trying to win the transaction, the outcome will be more positive for everyone involved.

A real estate transaction is not just about winning or losing. It's about finding a solution that works for both parties and creating a positive outcome for everyone involved. By keeping this in mind, buyers and sellers can work together to make the process as smooth and stress-free as possible. It's a win/win for all involved.

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