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Are you a gamblin' man?

By
Real Estate Agent with Better Homes and Gardens Big Hill 2002018135

Maybe a Gamblin' woman?  I dont profess to know much about gambling.  Last time I stepped foot in a Casino, I was 17 years old and on a family vacation in Vegas with my parents.  It IS a goal to get over sometime soon to check out the new Hollywood Casino, but the plan is to be cautious.

The reason I ask this question of you; if you are a gambling person, is because of something that sparked my interest in this subject recently.  A conversation I was a part of.

The subject was a seller and a buyer, trying to come to agreement about price.  It ALWAYS comes down to price.  The agent dealing with this was frustrated because the buyer and seller were only about $2000 apart, and she COULD NOT figure out how to get this deal together.  One of the owners here at Country Mile had a GREAT analogy, one that really resounded with me.

The sellers had a CLEAN offer of $198000.  They were argueing over $2000 bucks. 

So, lets say you went to the Casino.  You have $198,000 sitting in front of you.  Money in your pocket, ready to go.  Do you honestly think you would place that $198,000 back on the betting table in order to make $2000?  I doubt I would.  No, I KNOW I wouldn't take a chance like that.

Yet day after day, thats what people do.  Pride, emotions, memories, plans...it all gets in the way. 

It doesn't matter if the deal is $30,000 or 1 million.  Is it REALLY worth betting a sure thing in order to gain such a small amount, or worse yet, just as a matter of pride?

Would YOU bet $198,000 to prove a point?

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Thanks for reading!

Kelley Weimerpink flower

 a house "SOLD" name!

Kelley Weimer is a full-time Real Estate professional serving the residential and light commercial needs of Southwest Ohio, including Preble County, Montgomery County, Butler and Darke Counties.  She serves the needs of today's home buyers and home sellers, working for one of the area's top real estate brokerages, Preble Plus Realty, LLC. Making real estate dreams come true since 2002, Kelley prides herself on honest, friendly service; staying on the edge of technology yet always keeping the focus on good ole' communication.  For your real estate dreams, please contact Kelley today!

Comments (2)

June Piper-Brandon
Coldwell Banker Realty - Columbia, MD
Creating Generational Wealth Through Homeownership

I guess it would depend on the situation as to whether or not I would be a gamblin woman.  I think I'd take the sure thing and get the heck out of Dodge.  I've never been much of a gamblin woman.  I guess I'm just too tight fisted.

Aug 31, 2009 06:10 AM
Tim Bradford
Cleveland, OH
NMLS 250013

Great post Kelley and love the analogy of Playing Poker.  Maybe it is greed or just wanting to be RIGHT.  Buyers and Sellers sometimes need to ask the themselves if they want to BE RIGHT or Sell/Buy a home.   

Aug 31, 2009 12:52 PM