Re: YES. This is exactly what I teach.

Hey Michael: I know Gordon wasn't talking about options specifically but options can come in handy with this type of chatteling. Case in point. Several years ago I went to a clients office (I'm a programmer) and the client had an old DEC midrange computer sitting in the corner. I asked them if they wanted to sell it and they said yes... They threw out a price and I told I would get back to them. Well they said they had "buyers" looking at it. Well I thought I could make a couple of hundred on it and I gave them a check for $25.00 to hold it and give me the option to buy or not. Then I took pictures and got all the specs on it and went looking for a buyer. Found someone who was interested but wanted to "see" the computer. Well I took the prospective buyer over to take a look see. After we left the "buyer" said he would call me the next day. WELL my client called that afternoon and the "buyer" had contacted them directly to purchase the system. My client told them that I had an "option" to buy and I had first dibs. Anyway the guy finally bought it thru me but if I did not have that "option" in place I would have lost the sale. So there may be cases where an "option" would CYA!

Ron

> talking about Options.

> I think it's more like what happened to me
> yesterday...

> A guy calls needing to get rid of 52
> five-gallon pails of fire-retard paint and
> insulation paint and wants to know how much
> I will charge him to take it off his hands.

> I tell him I'll call him back in a few
> minutes.

> I make a quick couple of phone calls -
> finding out who can take it off of my hands
> - then call him back and tell him my Removal
> Fee.

> I didn't Option the paint. I took it off his
> hands once I knew who would take it off my
> hands - I sold it before I had it .

> That is what, I believe, Gordon is talking
> about.

> It is pretty well the same transaction as
> Joe Karbo talks about on page 83 in Lazy
> Man's Way To Riches - find a buyer BEFORE
> mentioning price to the person who wants to
> get rid of their stuff. Only in my example,
> I made money on both ends.

> Michael Ross

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