Walking away from a deal!

[Jennifer Griffin]

My husband and I made an offer on this one bedroom condo, and we offered 20% less than asking price with the listing agent. She said she doesn't think the owner will take it but she'll submit a verbal offer. The owner then came back saying that she will only take a certain dollar amount, which ended up being 5% less. We thanked her for her time, but rejected the deal she had offered. After we left about 2 hours later, the listing agent called us and said that the owner had changed her mind and would take the deal. So, I guess the whole reason I'm sharing this story is just to let you know that it's ok to walk away from a deal and stay true to your numbers. Also, the ROI will be around %28-33%.

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