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Updated over 9 years ago on . Most recent reply

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Karen Bickford
  • Investor
  • Bolton, MA
72
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133
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Do you ever feel like a predator?

Karen Bickford
  • Investor
  • Bolton, MA
Posted

As investors we are always looking for a good deal  as that is how we grow learn and hopefully prosper.

I just logged off of the MLS feeling disgusted with myself for feeling like well, a predator. Googling an owner of property trying to find out what his/her problem/pain point is in order to garner the best deal. Then stumbling upon a Facebook , Go Fundme page or obituary of spouse or child. I do understand that being armed with the right information usually puts you in a better position to negotiate.

Just wondering if any of you ever feel this way when searching for the deal and having to dig for information and coming up with some not so pleasant circumstances people have experienced or are experiencing hence they are selling.

Most Popular Reply

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,207
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

I do not feel that way at all.  However I am usually trying to find win/win situations.  If I cant make a transaction as an investor, or as an agent have everyone walking away happy, then it is a deal not worth pursuing for me.  My business, both investing and as an agent is based on my reputation being impeccable.  If someone is walking away from a deal unhappy, then that is going to blow back on my reputation somehow and that is not worth it to me just to make a few bucks.  

As investors we really need to strive to find win/win situations.  Not every last dollar counts. We can make a good honest profit while the person on the other end can still walk away feeling good and not taken advantage of.

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