Negotiating with myself · Freedom Through Storage

Negotiating with myself

Here is the quick backstory...

When we moved to town i looked up the local commercial brokers and started making some calls to introduce myself. I let them know who I am, what I do and what I am looking for.

Then a few weeks ago I get a text from one of the brokers and they have a piece of land I am interested in and they are about to list it. He said he remembered me and wanted to give me a shot at it because I am local.

2 days later I sent an offer at 75% of asking price. Crickets for a week...

I call him and he says we are too far apart for them to counter me and the timeline I was offering was too long (I tried to get this locked up for about 5 months!)

So I tell him I am happy to shorten my timeline but as a development play I will need a decent window to work with.

Then I send another offer at 85% of asking (a week ago) and still no response.

To be honest, i am not 100% sure of what I would do with the land but the location makes me think I will have a handful of decent options. My thinking is to get it under contract, then figure the rest out.

I am curious to hear from others on this...What would you do in this situation?

2 comments

Negotiating with myself