Burning Bridges - Hard Money Bankers
'Never burn a bridge' is a saying that people hear repeated a lot in business. It is important to think about why burning a bridge has no positive outcome. Ultimately it can cost you money and that goes against the primary goal of business which is to make money. Everyone that is in real estate for long enough will run into a situation where they don't see eye to eye with the person on the other side of the deal. Many times emotions are heightened and people's ego can get involved. When this happens, people stop thinking logically and revert back to being an eight year old child that is trying to win a battle of wills. Doing this with real estate transactions as the link between the argument can cost people a lot of money to show that they can puff their chest. The best thing that can be done is to leave the situation in a position where the relationship is not damaged long term. There are many many times in business where I have disagreed with someone years ago, kept the relationship strong and then went ahead and later made money on a transaction down the road. This wouldn't be possible if I burned a bridge.
Ian Walsh215.839.3271
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