34. 10 Biggest Mistakes While Negotiating A Real Estate Deal

What are the 10 biggest mistakes real estate investors make while negotiating a deal? And how can we learn from them? This is the subject of today's episode of The Wealth Blueprint, as Palak and Niti share lessons and insights from their experience in property deals.Learn how not to get emotionally invested while still taking that leap of faith in your next deal. Understand the importance of contingency, as well as the value of making quick decisions as you scale your enterprise. Know what your seller wants, and don't expect to negotiate on price and terms all at once! The tips come thick and fast in this episode, allowing us to learn from the mistakes of others as we create our own financial freedom. Please join us. "Don't let your ego get in the way. Ego costs opportunities." ~ Palak ShahIn This Episode:01:45 Letting your ego get in the way03:23 Not doing your numbers properly04:58 Not preparing and educating yourself enough06:40 Always have a contingency 08:01 Not knowing how to make quick decisions09:49 Wanting perfection11:00 Not managing your expectations12:09 Not offering options to a seller13:41 Not knowing what your seller wants14:44 Expecting to negotiate on the price and terms all at onceResources:Get a copy of Accelerate Your Real Estate https://a.co/d/bdW6j7KBook a call - http://www.openspaceswomen.com/bookacallFREE 5-Day Real Estate Investor AcceleratorConnect with Palak and NitiWebsite: https://www.openspaceswomen.com/Instagram: https://www.instagram.com/openspaceswomen/Facebook: https://www.facebook.com/openspaceswomenTwitter: https://twitter.com/openspaceswomenLinkedIn: https://www.linkedin.com/company/openspacescapital/YouTube: https://youtube.com/@openspaces1251TikTok: https://www.tiktok.com/@openspacesacademy