If my offer wasn’t accepted, should I walk away or offer more or does it depend on
how good the market doing?
It just depends on the property and how desirable and easy to sell you think it will be.
If it’s something I’ll be able to move pretty quickly, then I’m okay with a smaller profit margin (and offering more), but if it’s something I think I’ll be stuck holding onto for a while, then I want to be sure I’m getting paid for my time in however long I’ll have to hold it.
Some of this is a function of what market you’re working in. Some markets will sell land much faster than others, and in some areas, everything sells slowly.
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Thanks Seth for the info