Selling corporate jets isn't easy!

less than 1m read

·Nov 3, 2024

How long can that process take? Days, weeks; sometimes you're working on a transaction for a year or two. Sometimes it's a month, still right up to the line.

I've had a transaction where we've signed the contract, they put up a deposit, and we're going to go for the inspection. Then he called me up and said, "Hey, I talked to my accountant, and I have a big tax recapture. I've changed my mind; I don't want to buy it, and I'll walk away from my deposit." I know I have to, but that's life. I get zero; the people that were doing the deal with him got the money and were out of pocket.

We've had times where you've done the demonstration, the inspection, the contracts—everything is done. You get on a closing call with the buyer's lawyer, the seller's lawyer, and the escrow agent. The buyer's lawyer gets on the phone and says, "Thank you all for joining for this closing call, but my clients have decided not to go forward with this transaction. We know we're going to lose the deposit; we're ready to do that. So really, there's no more sense to stay on this phone call. Thank you all very much for your time, goodbye."

I'm feeling that now. It is terrible when you do that kind of deal, and you've been working on it for so long. You're thinking about what.

What One Woman Learned Trying to Run Across California | National Geographic

The Housing Market Is About To Go Wild | DO THIS NOW

View All

Why I Own Over $4,000,000 In Real Estate

What’s up you guys? It’s Graham here. So, I think it’s no surprise that throughout the last 11 years I’ve made my entire focus centered around real estate. I would save up as much money as I possibly could. I would not buy Starbucks with it, and then once…

Tiger Sharks' Superpowered Jaws | SharkFest | National Geographic

Tiger sharks are one of the largest predatory sharks on the planet. They feed off an extensive menu: whales, birds, even other sharks. But there’s one delicacy that takes more effort than others. Turtles! So how much jaw power does it take to crunch throu…

Dividing a decimal by a whole number example

Let’s see if we can compute what 1.86 divided by 2 is. And like always, pause this video and have a go at it. I’ll give you a hint: see if you can think about 1.86 as a certain number of hundredths, and then divide that by 2. All right, now let’s work th…

Overview of the Roman Empire | World History | Khan Academy

When you hear of Ancient Rome or the Roman Empire, the Roman Republic, immediately images of the Roman legions come to mind. These conquering armies conquered much of the Mediterranean. You might have images of the Roman Senate; names like Julius Caesar a…

for loops with range() | Intro to CS - Python | Khan Academy

When we write a standard while loop, we need an assignment statement to initialize our loop variable to a start value and an assignment statement to update our loop variable on each loop iteration. In many cases, though, our loops are just counter-based, …

Legendary Ships 100 Years Apart | National Geographic Documentary Films

This ship sank more than 100 years ago, and this is how its modern equivalent found the wreck. I’m historian Dan Snow, and I was privileged to be on board Aulus 2 on our mission to find Endurance’s wreck. Endurance was just 144 ft long; Aulus is three ti…

Selling corporate jets isn't easy!

More Articles