Fielding Offers: Karma and Consequences

Talking Realty

Fielding Offers: Karma and Consequences | Ep 23

October 15, 2024

In this episode of ‘Talking Realty’, Glen focuses on the sometimes tricky situations that show up in the offer phase of selling a home. He shares personal experiences and real scenarios to highlight the interplay of deals, karma, and consequences in real estate transactions. The episode tackles four common scenarios home sellers face: verbal agreements versus attractive new offers, legal obligations under contract, handling great offers on day one, and dealing with lowball offers. You’ll learn the importance of integrity and making fast, informed decisions to avoid legal and karmic repercussions. A story about selling a personal vehicle illustrates the principles discussed, reinforcing the potential consequences of prioritizing short-term gain over ethical responsibility.

Key Sections and Topics:

00:00 Introduction
01:43 Understanding Deals, Karma, and Consequences
02:17 Selling My Beloved Tahoe
06:03 Scenario 1: Handshake Deals and Better Offers
12:01 Scenario 2: Under Contract and New Offers
14:41 Backup Buyers: Your Insurance Policy
22:54 Scenario 3: Great Offer on Day One
25:18 Negotiation Strategies for Multiple Offers
26:10 The Importance of Timely Responses
27:59 Maintaining Buyer Trust
33:07 Scenario 4: The Lowball Offer
39:30 The Role of Karma in Real Estate Deals
44:35 Final Thoughts and Takeaways

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Talking Realty

Fielding Offers: Karma and Consequences | Ep 23

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