Quote:
Originally Posted by Sly
It's a standard negotiation deal. I have done these to other people, other people have done these to me. It all depends on whether or not you think you can sell the item at full price and if you want to deal with the hassle of maintaining the deal throughout that stretch of time. Also consider whether or not you can do something more beneficial with that cash right now instead of stretched out.
If you don't need the money and can rent the property out easily, you have the upper hand. No need to make the deal.
If you do decide to take the cash up front, counter with 5% or less for 6 months, 10% for 12 months. The other party's offer of 10% is them pushing the limits and testing you out.
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It can also depend on if you can churn out +10% profit on your investment in 6 months.
Not applicable to average joe, but probably the main deciding factor for someone with entrepreneurship skills or even for someone who owns a business etc.
Most of them obviously would take the deal as if you run business or if you run deals you can make more than +10% in 6 months.