Unlock Real Estate Deals The Buyer & Seller 'Why' Explained

There's a puzzle to every deal. And why? And and we we try to drive it into my young guys. Your job we follow what we call the transfers. And every every the guy in my office job is to follow the transfers, which is every building that sells in New York City. And my job that I give them is you have to know call each buyer and each seller and ask them that question. Why? Why did you sell and why did you buy? And if you could answer that question you're on the road to being successful. So, people Why does people sell these assets? Now, there's a lot of different reasons. You know, there's again, they call the three big D's as why people sell is debt, divorce, and death. That's the three D's of real estate and why people sell. Um okay. But, there's a lot of other reasons. People wake up one morning and hey, it's too hard for me. I can no longer manage it, right? My kids don't want to be in the business. Or hey, this building's losing. I have a problem tenant. He's making me miserable and I don't want to be there. There's a hundred reasons why people sell. But, you have to understand why. So, that part of our real estate is the exciting part. The puzzle and understanding the circle and why it's happening. And when you do transactions like that, it the reward is [music] amazing.