Quote:
Originally Posted by WhipperSnapper
My words of wisdom
It's too late to get the most for your money if there's a listing available.
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More or less true. Extremely few sellers are going to be dumb enough to liquidate at really low prices anyway when it's that easy to get a realtor's opinion and/or look at comparables.
What makes a deal "good" is that you turn out to have better mid/long term vision than most people do at a given time, or else you can supply something that no one else can (for example, I did that once with a 15-unit mixed building in downtown Sherbrooke whose main flaw was that it had zero parkings, while I had parking space available nearby; other examples would be a willingness to take a risk or a willingness to tackle problems with a building that the average buyer doesn't have, I did both of these more than once.)