Posted by dealmaker on March 09, 2006 at 14:39:23:
The only “mistakes” that I can see are like many people you think that “selling” (and trust me, you were there to “sell”) is about TALKING, and it’s not, it’s about LISTENING. By listening you would have found out what they were interested in and adjusted your “offer” accordingly. Instead of going in with the assumption that you were going to do a “subject to”.
“Mistake” number two, looking at deals that are awfully thin, unless you had good reason to believe they would come down another $30K.
Mistake number 3, not going out and talking to enough people, you’ve been looking and thinking long enough. Go do it.