Today’s episode may not be about the happiest of topics — but it’s definitely a necessity. So today, we’re discussing all things retrade. We’re going to explain the ins and outs, give some examples, explain how we handle them, and give you some advice and key takeaways with negotiating.
At the end of the day, we hope you don’t have to have these types of conversations too often — but when you do, we want to make sure you’re well equipped going into them and have a successful outcome!
Key Takeaways:
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[1:01] About today’s episode.
[1:20] What is a retrade?
[2:10] Brad gives an example of a retrade conversation he has had recently.
[6:06] I give an example of a retrade in the private equity world.
[9:58] Brad gives us his general strategy, and how he typically handles a retrade.
[14:55] My strategy for handling a retrade, and some of our other tips and tricks.
[17:05] Some of the differences between retradring in private equity, and real estate.
[18:04] Some more retrade strategies.
[18:45] Reflecting back on old retrade deals, and our final pieces of advice.
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