Don't step over dollars to pick up dimes. Particularly in this economy!
Chris was the first person who ever passed that tip on to me. A good friend of his passed that tidbit of wisdom on to him and so on and so on. Don't step over dollars to pick up dimes. It is that simple tip that we pass on to you you this week. If you have ever said "It''s not the money, it's the principle!", you have probably stepped over the dollar.
How often do we get stuck on a principle and forget the larger, more important concept? In Real Estate, we see people get tangled up over a small amount of money and forget the great deal they are getting on their purchase or sale. It happens daily.
In Real Estate, counting pennies could sabotage the best opportunities. For example, we have had clients get stuck over a small repair item and a deal fall completely apart because both the buyer and seller were focused on the pennies. Buyer walked away from a great deal on a home and seller lost an opportunity to buy their dream home with the proceeds from the sale. A lose-lose situation if I ever saw one.
While others are bending over to pick up the pennies, I am keeping my eye on the dollars! What about you? Have you picked up any dollars lately?
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