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Because I just made an offer and it was accepted on the spot.

2006-12-05 17:18:20 · 3 answers · asked by mnitzani 2 in Cars & Transportation Buying & Selling

3 answers

you left money on the table - dont do it again

2006-12-06 01:52:46 · answer #1 · answered by Anonymous · 0 0

You did negotiate a sale price and it was accepted.

Deal over.

Exactly the same thing happens when buying and selling stocks, homes or anything else.

If you price too high, it may take some time before you get your price...if at all, but often you can get close if you are patient and can wait for the sale.

Too low and it sells right now... if that's what you want, a quick sale.

So you have to decide what you want before any sale... unload it quickly (as you can see when the stock shares of a company or the stock market crashes and people will lose hundreds of thousands of dollars in order to sell quickly) or hold out for maximum profit which will usually involve a longer time horizon, as in someone that bought a home five years ago.

I suggest a class in economics if you REALLY want to get into this.

2006-12-06 01:30:58 · answer #2 · answered by dave_martin_7777 3 · 0 0

As long as you got what you wanted, sounds like the other person did too. A happy deal all the way around!

2006-12-06 01:22:42 · answer #3 · answered by serendipity_siren 5 · 0 0

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