Whether you're buying or selling a property, it's natural to want to get the best possible deal and it's easy to get caught up in the idea of "winning" a real estate transaction. But remember that everyone is human, and emotions can run high during real estate transactions, so it's important to treat the other party with respect and kindness, even if you don't agree with their perspective. If you approach the transaction with the goal of coming to a mutually beneficial outcome, rather than an adversarial us versus them mentality, both parties can come out feeling like they've achieved their objectives--everybody "wins"!
Another reason it's essential to keep buyer-seller relations amicable during real estate transactions is that even minor conflicts can lead to delays and added expenses in the form of carrying costs or per diems for going beyond your contracted escrow timeframe. If you're able to maintain non-hostile relations with the other party, you're more likely to be able to resolve any disagreements quickly and without additional expenses.
Remember that real estate transactions shouldn't be a win-lose situation and aim for joint victory. By communicating openly, being willing to compromise, showing respect and kindness, and working with a reputable agent, you can help ensure that the transaction goes smoothly and everyone comes out feeling satisfied.
Watch the full episode of Real Estate Roundup below!
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