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Real Estate Buying Tips

real estateYou’ll go far in real estate if you can handle rejection.  In fact, handling NO well is a skill you can carry throughout many business endeavors.

But, especially with real estate, being able to offer a ridiculously low price is the only way you’ll end up with a price that’s going to give you room for profit.

I’m not suggesting that you take advantage of someone.  Ethical business practices mandate you don’t undervalue a home you are purchasing.

But, remember, sellers don’t usually accept your first offer.  If your first offer is the normal price, they’ll go up a bit.  After a few rounds of price exchanging, you’ve eaten your profit.

Be willing to accept rejection and soon enough you’ll find a seller motivated enough to listen.

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Posted on Monday, March 27th, 2006 at 7:58 pm In Real Estate Investment
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