Let’s Talk When a Deal Goes South

Navigating a Real Estate Deal Gone South

In the complex world of real estate, not every transaction proceeds smoothly. Sometimes, despite the best intentions, a deal can “go south.” This might be due to unexpected findings during due diligence or a sudden change in circumstances for one of the parties. While some situations are beyond repair, many others are salvageable, and this is precisely where a skilled real estate agent proves their invaluable worth.
When a deal hits a roadblock, emotions often run high. The buyer, the seller, or both can become highly emotional, making it difficult to see a path forward. This is the critical moment for an agent to step in, armed with reason and logic, to act as a neutral and objective mediator.
The agent’s primary role is to guide both parties through a critical decision-making process:
  1. Is the Deal Salvageable? The agent must assess whether the issue is resolvable through further negotiation. This often involves encouraging both the buyer and the seller to give up something to overcome the hurdle and reach the closing table.
  2. Is it Time to Walk Away? Sometimes, starting over is the most financially sound decision for all involved.
Many deals that seem destined for failure are, in fact, salvageable with creative thinking.
Want to discuss your next commercial real estate need?
Let’s connect!
Emma McDaniel, CCIM
864-576-4660
emma@mcdanielandco.com

 

Emma McDaniel Commercial Real Estate Agent
Emma McDaniel, CCIM

Hello! My name is Emma McDaniel and welcome to my real estate blog. As a Business Economics major at Wofford College, a third generation in my family to be a real estate agent, and a woman who has a great love for our community, I am looking forward to sharing with you what I discover as I engage with people, explore places, and learn about different sectors of our market.

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