This is more of psychology question than a financial one.  

I have been building a rolodex of tips and tricks to manage the psychological roller coaster owning real estate.Franklin

This is an emotional and psychological question probably more than a dollars and cents question.2.

Well if it isn't price then it must be the design/layout psychology you've used.Have you tried an open house and listened to the comments?

What I want to do is to give the seller a monthly payment that is close to what he had as rents, this is a psychological aspect to say he's getting close to what he had without management or fixing the hot water heater.My market value is at 78K, my offer on that may be at 70K.

From Seth Klarman "Investing is the intersection of economics and psychology.

Though, at the same time, I realize there are some things I can do that will not have an actual effect on value but could have an effect on the buyer psychologically so that they are more willing to pay closer to asking price.

They also use things like color psychology, catchy sales copy and keyword rich text placed with SEO (search engine optimization) in mind.

And by the way, having an attorney witness/notarized a contract has no value, other than maybe psychological.

Like: create your own job by generating streams of income - some passive, some not so passive Dislike: well, you've got to be psychologically strong or else it's going to eat you up.