Your "good deal" is not necessarily my "good deal" 🤝 common misconceptions deal terms leases negotiations Jan 16, 2024

Our society is so polarized that we can disagree on some of the most fundamental topics, like whether The Righteous Gemstones is a genius work of art (it is), or whether life is worth living without cheese (it is not).

 

Still, there are a few baseline things we can all agree on:

 

No one wants to be taken advantage of

Everyone likes a good deal

 

TV gif. Actor John Goodman as Dr. Eli in The Righteous Gemstones wears tinted Aviator glasses and a nice suit, with an over ear microphone next to his mouth. He raises his arms up to the heavens, looks up, and shouts, “Amen!”

 

In retail real estate, your best safeguard against #1 is to use a reputable retail real estate broker. But #2 is tricky, because when it comes to brick-and-mortar business, your “good deal” is almost certainly not my “good deal”.

 

Your broker’s job is to ensure that the deal you’re considering is within the realm of normal for your m...

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