When you got to make that tough call to the seller
Today, my partner informed me that the buyer backed out of the deal for the 3-flat property in Riverdale. Weāve been working on this deal for the past three months, so itās disappointing. The buyer stated that the property required too much work, and the numbers just didnāt add up for them. Unfortunately, this is part of real estateāthings like this happen. I had to explain the situation to the seller, which wasnāt easy, but itās all part of the business. This is also a reminder of why itās so important to keep your pipeline full. Despite setbacks like this, itās always a good day for real estate!