These Mistakes Might Be Costing You Real Estate Deals: Here's How To Avoid Them

In this episode, Palak and Niti break down the 10 biggest mistakes that both new and seasoned investors make when negotiating real estate deals and how to avoid them. Drawing from their personal experiences, their $10 million portfolio journey, and insights from the Open Spaces community, they share real-life examples and practical tips on how to avoid these common pitfalls. Whether you're just getting started or looking to sharpen your negotiation skills, this episode will equip you with the knowledge to avoid costly mistakes and maximize your success."Don't let your ego get in the way. Ego costs opportunities." ~ Palak ShahIn this Episode:00:00 Intro 01:19 Letting your ego get in the way02:57 Not doing your numbers properly06:09 Always have a contingency 07:10 Not knowing how to make quick decisions08:51 Wanting perfection10:02 Not managing your expectations11:07 Not offering options to a seller12:43 Not knowing what your seller wants13:42 Expecting to negotiate on the price and terms all at onceResources:- Get a copy of Accelerate Your Real Estate - https://a.co/d/bdW6j7K- Book a call - http://www.openspaceswomen.com/bookacall- FREE 5-Day Real Estate Investor Accelerator - https://www.openspaceswomen.com/5day Connect with Palak and Niti- Website: https://www.openspaceswomen.com/- Instagram: https://www.instagram.com/openspaceswomen/ https://www.instagram.com/openspacesacademy/- Facebook: https://www.facebook.com/openspaceswomen- LinkedIn: https://www.linkedin.com/company/openspacescapital/- YouTube: https://youtube.com/@openspaces1251- TikTok: https://www.tiktok.com/@openspacesacademy https://www.tiktok.com/@openspacesacademy