A real estate agent moved to Scottsdale to sell luxury homes around $3 million each. His first deal lost $200,000 and took two years to resolve. The next two broke even, but he stayed in the market anyway.
So, go to Scottsdale. Is that where you originally moved there?
Yeah. Oh, because— Yeah. I wanted to break into more higher-end luxury. And so, my first couple deals at the $3 million, my first one I lost money, my next 2 broke even.
The first one you lost money, did that kind of scare you from going further? Were you like— No. At that point, I knew it was part of the process. Do you mind me asking how much you lost?
$200,000. And it took 2 years. Yeah.
Wow. But you learned a lot.
Oh, yeah. So I did everything wrong. I overpaid on my landscaping. These are new construction, by the way. So you bet from the brand new, you
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