Properties that are undervalued get pushed up to value or above because there will be more than one person interested. Once buyers get drawn into a negotiation, they get focused on winning the house and often lose track of the price they pay.
More Quotes from Robert Byrne:
Prejudices save time.Robert Byrne
There are two kinds of people, those who finish what they start and so on.
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To err is human, to purr feline.
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Democracy is being allowed to vote for the candidate you dislike least.
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Getting caught is the mother of invention.
Robert Byrne
A promising young man should go into politics so that he can go on promising for the rest of his life.
Robert Byrne
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