Thursday, September 6, 2012

Pulling the Trigger

There's a lot of commercial activity out there, but much less in the way of signed contracts.  It's no longer that people don't think they need more or different space, but rather a tentativeness about committing to any expense that might not be necessary.  So they make appointments, they look, they ponder, and then they dither.  And dither. And dither.

An old real estate adage says that "Time defeats you".  When you wait long enough, you can always find a reason not to do something.  When you jump on an opportunity right away,  you may make a mistake, but you can often find a way to make it work for you.  Now, while the economy seems to have avoided the dreaded "double dip", and while interest rates and prices are so low, is the perfect time to make a leap of faith.  When you look back years from now, you'll be happy that you did.

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