Quote:
Originally Posted by Investoman_uae
I really hate when things like this happen. I have a couple of investments and will decide to sell in 2 months or so. If I agree with the buyer for him to pay a deposit, I will not change my mind even if the market has gone higher because thats his profit not mine.
We need to have some ethics as human beings first... if I made a good premium and he put a deposit to buy my property,... and meanwhile the market has gone up... thats his share of the cake and I will not deprive him off it. I will go ahead with the transaction and he can then resell and make his profit too.
I hate greedy people, you will not be rich by being greedy... and if you do, your time will come when you fall right to the bottom.
I respect people who sell with a reasonable profit knowing they can make more but they settle for less. Also people who follow through till the end of the transaction and not make the buyer's side more difficult.
I hope things go well for that lady.
Inv.
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Well said. Ultimately, it boils down to how you are brought up. If you kick someone else's stomach, be prepared to get it back somewhere down the line.
I was talking to a friend who is an agent and he says 99% of the deals take place through MOU's and there are no problems.
I like your way of thinking. We need all the people to think like this in the secondary market.
Regards
Roshan