{"id":2280,"date":"2010-01-18T13:35:38","date_gmt":"2010-01-18T10:35:38","guid":{"rendered":"http:\/\/http:\/\/www.iliaspapageorgiadis.ro\/en\/?p=2280"},"modified":"2014-03-12T16:40:05","modified_gmt":"2014-03-12T14:40:05","slug":"top-5-behaviors-of-2009the-large-broker","status":"publish","type":"post","link":"http:\/\/www.iliaspapageorgiadis.ro\/english\/2010\/01\/18\/top-5-behaviors-of-2009the-large-broker\/","title":{"rendered":"Top 5 behaviors of 2009: The &#8220;large&#8221; broker"},"content":{"rendered":"<p>\n\t<!--:en-->\n<\/p>\n<p>\n\tLast August was hot, as always. In Greek we say that &quot;the flies are fat&quot; and noone works. No one? Not exactly, you could see a crazy guy, dressed with suit and tie walking from one meeting to the other, trying to sort out things and finish pending tasks before his own vacation. I (the crazy guy) had just finished a meeting at Hilton and walked down, crossing Calea Victoriei. I entered strada Luterana heading to my destination. On my left hand I was looking at the famous &quot;Cathedral Plaza&quot; office building project, on my right I was watching the waiters preparing the tables of the very nice bistro there, when my mobile rang&#8230;\n<\/p>\n<p class=\"indentfirstline\">\n\t<strong>The usual problem in smaller societies<\/strong>\n<\/p>\n<p class=\"indentfirstline\" style=\"text-align: justify\">\n\tThere are cities where I have been heard of signing many deals,\n<\/p>\n<p>\n\t<!--:--><!--more--><!--:en-->but <strong>there are also others where I managed to be active but more quiet, throughout these five years I have been travelling around the country<\/strong>. This city belongs to the second category. It is one of the top 5 Romanian ones, but I managed to avoid the eyes of all curious persons. I had to accept people trying to check every step of mine, questioning my work and my clients&#039; seriousness. <strong>But I chose this, instead of presenting all my secrets, announcing to <\/strong>(some serious &#8211; some greedy)<strong> people everything they needed to know, so as to treat me with fake respect and ask for crazy prices<\/strong>.\n<\/p>\n<p class=\"indentfirstline\" style=\"text-align: justify\">\n\tI was negotiating 3 properties for retail projects and I had to find solutions against the usual problem: &quot;The society is smaller, all people know each other and there are some &quot;smechers&quot; who try to sell to you at very high prices (so as to brag to all the rest that they managed to trick one more stupid foreigner). <strong>If you refuse paying stupid money, they speak bad about you to everyone, trying to block you and force you return to them<\/strong>&quot;.\n<\/p>\n<p>\n\t<strong>The lovely &quot;smecher&quot; who remained in the past<\/strong>\n<\/p>\n<p class=\"indentfirstline\" style=\"text-align: justify\">\n\t<strong>I have many &quot;wrong&quot; perceptions about business<\/strong>. <strong>One of them is that I don&#039;t want to bypass people<\/strong>. So, I was waiting already for quite some time one &quot;collaborator&quot; to bring me in direct contact with the owner of the 1<sup>st<\/sup> property (out of the 3) and negotiate with him. <strong>He was refusing and was trying to force me discuss the price and the terms with him<\/strong> (so as he would be able to control the deal and keep the price very high). <strong>But he had strong arguments: He was wearing expensive shoes, suits and watch, plenty of cars etc<\/strong>. (I guess that soap is more expensive than cars in his city, this is why he avoids using it, saving money for the other luxury goods). <strong>One more lovely &quot;smecher&quot; who did not realize that the time of his glory (2005 &#8211; 2008) has passed forever&#8230;<\/strong>\n<\/p>\n<p>\n\t<strong>&quot;If you don&#039;t come with 20 million euro in the next 2 weeks&#8230;&quot;<\/strong>\n<\/p>\n<p class=\"indentfirstline\" style=\"text-align: justify\">\n\t&quot;Yes&quot;, I replied my call while walking on the street. &quot;Hello Ilias, it is me&quot; (and said his name). &quot;How are you?&quot; I recognized the &quot;smecher&quot; with the &quot;singing&quot; way of talking. &quot;I am waiting the feedback I have asked you for, already since couple of months&quot;. &quot;No, no. Trust me, I will not give you anything at all, because the owner does not believe that you have the money&quot;. <strong>&quot;Correct, I don&#039;t have the money in my pocket, but we can not have a project done without the necessary paperwork and due diligence, so as to establish every detail&quot;<\/strong>. &quot;No, no, listen to me, you don&#039;t understand me, listen to me&quot;, he interrupted me. &quot;We do not believe that you have the money&quot;. &quot;Ok, when I will meet the owner I will show him some proofs&quot;. <strong>&quot;No, no, we want the money in advance&quot;.<\/strong> I rose the tone of my voice: &quot;We talk about a major retail project, worth lots of millions of euro. <strong>We are in the beginning of August, we have not agreed on the price to buy the land and you want us to show what?&quot;<\/strong> &quot;But I told you the price&quot;. <strong>&quot;You told me YOUR price, I want to see the owner and discuss directly with him&quot;.<\/strong> &quot;It is the same&quot;.\n<\/p>\n<p class=\"indentfirstline\" style=\"text-align: justify\">\n\t&quot;It is not. But what is your problem, we have a contract together, you will get your commission&quot;. <strong>&quot;No, no, you don&#039;t understand. We have 10 clients who beg us to buy, without your tricks to see papers etc<\/strong>. They trust me and they don&#039;t check too much. <strong>You Greeks think that you can steal Romanians?<\/strong> You think we are na&iuml;ve? <strong>No, no&#8230; I want you to come here and show me 20 million euro, cash. I give you 15 days for this. If you don&#039;t come with 20 million, I will understand that you are not serious and we stop discussing together&quot;. <\/strong>\n<\/p>\n<p>\n\t<strong>The property remained unsold, the &quot;large&quot; broker is upset&#8230;<\/strong>\n<\/p>\n<p class=\"indentfirstline\" style=\"text-align: justify\">\n\tMy reply to this &quot;large&quot; (with other people&#039;s money) broker can not be written here, it was not very polite. Couple of days after, I officially informed him that we stop our collaboration (he didn&#039;t bother replying). I rejected the property he represented and finally bought another one. It is important for me that the owner of the bought property thanked me for how my treatment to him.\n<\/p>\n<p class=\"indentfirstline\" style=\"text-align: justify\">\n\t<strong>I could easily go directly to the owner, but I don&#039;t do it<\/strong>. Instead I followed up on the news about the property. <strong>Today, five months later, its price is officially the same, but unofficially 30% less than it used to be<\/strong>. And so far out of the endless queue of buyers, there is noone who accepted his price and signed any kind of contract. <strong>The &quot;large&quot; broker did not have any deal until the end of the year and he is a bit upset, I guess still against the Greeks<\/strong>.\n<\/p>\n<p class=\"indentfirstline\" style=\"text-align: justify\">\n\tThe good thing is that the owner switched to someone serious to represent him. Maybe during this year I will finally meet him and do business together. Who knows? Speranta moare ultima&#8230;\n<\/p>\n<p>\n\t<!--:--><!--:gr-->\n<\/p>\n<p>\n\t<!--:--><!--:ro-->\n<\/p>\n<p>\n\t<!--:--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last August was hot, as always. In Greek we say that &quot;the flies are fat&quot; and noone works. No one? Not exactly, you could see a crazy guy, dressed with suit and tie walking from one meeting to the other, trying to sort out things and finish pending tasks before his own vacation. I (the [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":59454,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[204],"tags":[],"_links":{"self":[{"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/posts\/2280"}],"collection":[{"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/comments?post=2280"}],"version-history":[{"count":0,"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/posts\/2280\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/media\/59454"}],"wp:attachment":[{"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/media?parent=2280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/categories?post=2280"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/tags?post=2280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}