Friday, April 10, 2009

House selling without the emotions

Max has a shared interest in property "A" with another unrelated party whom we shall call Joey. So Max and Joey have this dispute about the fate of their property. Both parties have gone to court to clarify their disputes but neither has come to an agreement about the sale entirely. Joey decides to take Max to the cleaner because he can and he's got the right lawyer to help him.

When there are disputes over property it is sometimes very difficult to clear out the smog of animosity and the heat of revenge and see the business sense behind it all. As shelter is one of our primal necessities, the emotional ordeal is more heighten when selling a home. Max and Joey’s case is an extreme example. Generally, homeowners are attached to their houses and homebuyers are emotionally persuaded by strong visual presentations. The big question is how do we separate our emotions from our investments? After all, they are our appendages, an extension of us, our "babies".

I believe we ought too, we must. In order to make clear, sound and decisive business decisions we need to see, to know, and to understand the consequences of our choices. Strong emotions will clout our judgment and impair our vision. However, it doesn't mean that we allow honest ethics to languish or to become ignored or to forget our priorities.

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