Sunday, September 26, 2021

RM500 Million deal .....

 

This is a RM500 Million deal.

But it is NOT my deal 

because I did not bother to pursue it ....



Here's the story.

Almost 10 years ago, this property was being

advertized by many agents. 


Then it cooled down a bit .... 

and about 3 years ago, i see many agents

trying to market it again.


The problem with amateur agents is this

---  when they get a property that is so BIG

---  the first thing they will do is to get their

calculator and see how many MILLIONS

they will make !!


Once they get ecstatic, they will seek out the

nearest Porsche, Bentley, Lambho & Maserati 

showrooms.


BUT the stinker is this  ---   amateur agents

always do things at face value. They dont know

how to dig deeper ..... to find out more on

the property .... and do their DUE DILIGENCE.

So they start burning cash in advertising.



You see ... this property was embroiled in a 

court case back then. And there is no certainty

as to HOW the outcome will be ... and WHEN

can it be settled... and if you can EVER 

get paid the commission.


To me, I want CERTAINTY.

I want CONTROL.... and be able to DELIVER.

Since these are not available, that's why I

decided not to pursue it further ,,,,