Property
Humility Is The Greatest Investment Strategy. Here’re 5 Reasons Why.
By Stacked Homes  •  February 28, 2021
I listened to the story with fascination as the property agent shared with me the story about how his seller turned down a record price for his unit. Why? Because the buyer had remarked that “the kitchen was ugly”. I asked the agent – “So did you try to convince him to take up the offer?” He replied – “Yes I did! I pointed out this offer will be a record price for the development but he was adamant.” Me – “Then what happened next?” The agent – “I continued marketing the unit. Offers came in… But we had to wait 9 months before another buyer matched the same offer.“ I was amazed. To think that some people are willing to wait 9 months – just to stick it to the buyer who offended him. True, the seller was not in a hurry and probably did not mind waiting. But it also illustrates another important factor – how emotions can get easily involved in our investment decisions....
Read the full article
By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance