Skip: 730 has it .. " most things are only worth what someone is willing to pay " . If your "asking price" is "X", and you haven't considered setting a " firm" price than it is wide open to arguement for a lower price of any amount. However, if you are selling for a outright "FIRM" price of "X" then the potential buyer knows there is little or no room for arguement and less friction results. On the other hand, if you think that there is a chance that you can get more $$ from a sale then the property is actually worth ; or even at fair market value then advertise the property for much more then it is worth and experience how different people view how much they need what you have to offer ! In this way you can listen to what they have to say and let them low ball you, but you already know what you will take in terms of "firm" $$; and that sets your limits. You may be fortunate and receive more than expected, and you may certainly get what you set in your mind... Either way, this makes it easier on your human/fair side of things and puts the burden of what a person actually needs on the buyer, The property is yours, don't be intimidated or offended; you are fully aware of what is a fair price given your ownership and current market value. If you run into low ballers just say it's not for sale at their suggested price; and infactly, not anywheres near it either. They will go away knowing you know it's worth and will either come back with a fair approach or not return at all. Don't be offended -- be FIRM
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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