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Don’t Count Your Chickens Before They Hatch

The deal’s not closed until the check clears. I tell my clients, even if you don’t like the other side, even if you despise the other side, don’t get too emotional and become petty because we may need the other side’s cooperation in a pinch. For example, I say, if your closing documents don’t arrive on time and your deposit technically becomes at risk, we don’t want the Seller to not grant a one day extension because we did something petty and then they make claim to your deposit. As the saying goes, keep your enemies close (especially with real estate deals).

Market’s coming alive.

Year over year comparison of YTD volume:

’09 – $139mm
’10 – $250mm
’11 – $223mm
’12 – $287mm
’13 – $256mm
’14 – $393mm
’15 – $330mm
’16 – $426mm
’17 – $408mm
’18 – $487mm
’19 – $418mm

These two middle July weeks are the hidden gems of the summer – weather’s typically great, everything’s open, Island life is in full swing, but they have the relaxing vibe of September.