Don't be afraid to put yourself in a timeout if you need one. I realize that timeouts are typically reserved for little ones who are transgressing, but sometimes, we "big ones" probably need one too. Today, I received an offer for a listing I currently have. The offer was good.
I sent a copy to my seller and set a time to chat. Our chat time never materialized because of our schedules and the other obstacle of being in different parts of the country. Later, I received an email telling me what a horrific offer the offer was. I was a bit surprised. We're in a buyer's market and the offer was actually very common with few contingencies.
I always tell my sellers not to take offense at low-ball offers. This one wasn't a low-ball offer. Any offer can be the opening salvo of negotiations. Still, sellers do tend to take offense if the offer is less than they want. This time, the seller took great offense, and I found myself taking offense at the seller taking offense. I was irritated enough to drop the listing and move on. Right then, I realized that I needed a timeout.
I sent the buyer's an agent a note explaining that the seller was rejecting the offer without a counter. She was so sweet about it that it helped me gather myself and before long I was out of the timeout, and a fresh offer showed up with even better parameters. This time, it's quite a bit better. I'm glad I had that few minutes sitting in the corner. I really needed it, but did you know, that when you sit in the corner, it's 90 degrees? Sorry, I couldn't help myself. Put yourself in a timeout if you need it. It may just help close a deal.