OK so, if you’ll indulge me, here’s something that really gets under my skin lately:
Don’t you hate it when someone tries to get a discount on something just because they’re a friend or relative?
You know, like they expect a ‘Family & Friends Discount.’
Well, I call these people cheapskates. I don’t think it’s okay to expect a discount just because someone’s a friend. It really bothers me. :/
It’s just not cool to be cheap and take advantage of friends and family members like that. (Now if they offer a discount, that’s completely different.)
I’ll admit, though, this isn’t a foreign thought for me…
I remember getting this quote from a landscaper who goes to our church. I thought the quote was a bit high and contemplated asking him for a better price.
Then I came to my senses.
I realized I could bless him…
So, I flipping the script in my head and really hoped he enjoyed earning great money from me, his friend, in return for a job well done.
After all, a lot of times you get what you pay for, and had I searched for a cheaper quote, maybe the work wouldn’t have been as good.
And consider this too…
If he’d given me a discount, would we be friends afterward? Or, would he resent me a little and think I used the “friend card” so I could be a cheapskate with him?
> HOW THIS CAN RELATE TO YOUR REAL ESTATE ENDEAVORS <
If a friend brings you a deal, don’t nickel and dime them—don’t be that guy just because he’s a friend.
And if someone does that to you, then you don’t need to do business with them. Just take your opportunity elsewhere.
Sometimes, a wholesaler will insist on knowing exactly how much commission you’re making.
Why?
Because they resent you making a good profit.
But that’s how the business works—we’re rightfully entitled to profits from each deal.
Remember: Don’t be that guy!
I’m always trying to do the right thing when I do deals, and especially with friends—to not take advantage of our relationship and treat them as any other investor, fairly.
You should too.
