Saturday, July 18, 2009

Forest for the Trees

"Winning" a negotiation is fun! Making the right long-term decision is more fun.

Don't get caught up in negotiation fever where you live or die by that last $5,000. By sticking too closely to your negotiation "principles", you may just cut off your nose to spite your face. $5,000 is a heck of a lot of money, but is it worth losing the deal altogether?

I paid $5,000 over asking price on my first condo. It was the best thing I ever did. It was a fantastic place, and had I waited I would have not enjoyed living in a place I loved, and I would have had to eventually pay "more for less" in the future since the market was rising at the time.

Reach me at: michael.sussilleaux@gmail.com