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Updated almost 5 years ago,
Use this Covid-19 crisis to build trust with others
Listening to the real estate radio guys podcast yesterday they brought up a great point I felt relevant to share:
-How you treat people and handle situations in a time of crisis is invaluable for building trust, relationships, and loyalty which will come back to you in spades in the future.
If we show we are reliable, follow through on our word, pay our contractors/lenders on time, and work with people in such an extreme time of crisis and uncertainty. Do you think those people will want to work with you again when things calm down? You better believe it. If someone comes through for me when times are tough, I won't hesitate to work with them when times are good. Use this time to show your partners, tenants, lenders, contractors, agents, etc. that you follow through no matter what and I can virtually guarantee that good will is going to come back to you down the line. Screw people over or refuse to pay on your agreed upon obligations in order to save a few bucks now is a great to burn your bridges and show people why they shouldn't work with you again.