Premium Only Content

Major Mistake When Selling a House or Business - DTS 140
In this episode of Ditch the Suits, Steve Campbell and Travis Maus discuss the mistakes people make when selling a house or a business.
They highlight the concept of anchoring bias, where individuals become fixated on a specific number and are unwilling to consider other options.
They provide examples of how this bias can lead to financial losses and missed opportunities. The conversation covers the importance of considering the broader context, such as taxes, terms of the deal, and opportunity costs.
Together, they emphasize the need for a comprehensive understanding of the numbers and the value they represent.
__________________________________________________________
Join our Skool Community at https://www.skool.com/ditch-the-suits-9234. You can interact with us, ask questions and get additional resources.
Thanks to our sponsor, S.E.E.D. Planning Group! S.E.E.D. is a fee-only financial planning firm with a fiduciary obligation to put your best interest first. Schedule your free discovery meeting at www.seedpg.com
You can watch all episodes, as well as other great content produced by NQR Media through their YouTube channel at https://youtube.com/@NQRMedia
📧 For more information or to get in touch with us, visit https://www.ditchthesuits.com
👍🏼 You can also follow us on Facebook, Instagram and Twitter at @nqrmedia
______________________________________________________________
About Your Co-Hosts:
Travis Maus has been in financial services for over fifteen years. He is a Senior Wealth Manager and Chief Executive Officer at S.E.E.D. Planning Group.
Steve Campbell has over a decade of experience in the industry and serves as Chief Brand Officer at S.E.E.D. Planning Group.
Chapters
00:00 - Introduction: Mistakes in Selling Homes and Businesses
01:30 - Anchoring Bias and the Struggle with Fixed Numbers
04:15 - The Cost of Inflexibility: Spending More to Get Less
05:49 - The Value of Money: Considering the Broader Context
09:21 - The Difficulty of Valuing and Selling Businesses
14:32 - Understanding the Meaning of the Numbers
19:48 - Lack of Understanding and Unintended Consequences
20:18 - The Opportunity Cost of Holding Out for a Higher Price
23:25 - Overcoming Anchoring Bias and Making Better Decisions
27:06 - Understanding the Value Beyond the Numbers
-
1:07:49
Jeff Ahern
3 hours ago $4.64 earnedThe Sunday Show with Jeff Ahern
14.6K15 -
5:26:54
Turning Point USA
9 hours agoSAS is LIVE! Alex Clark, Charlie Kirk, Savannah and Todd Chrisley, Dave Smith & more.. in Tampa, FL!
503K111 -
DVR
RalliedLIVE
5 hours ago $3.38 earnedHIGH OCTANE WARZONE w/ RAL
49.3K4 -
18:55
Tundra Tactical
5 hours ago $7.34 earnedTundra Goes META: MEME Review 2
32.3K3 -
20:04
World2Briggs
16 hours ago $10.78 earnedTop 10 States That Are Getting Worse Every Year
41.6K32 -
17:28
Machete Gaming
4 days ago $5.96 earnedFIFA 22: BROKEN in Places, BRILLIANT in Others (Modded in 2025)
49.5K3 -
13:55
DanielShenSmith
8 hours ago $3.11 earnedNOT for Working People!
37.6K16 -
9:36
nospeedlimitgermany
1 day ago $4.54 earnedAudi A4 Avant B5 1.9 TDI 110 PS Top Speed Drive On German Autobahn No Speed Limit POV
49.9K12 -
44:37
Degenerate Plays
8 hours ago $2.03 earnedHow I'd Bring Back The DCAU - Batman: Arkham Asylum : Part 8
37.3K -
25:01
The Bryce Eddy Show
6 days ago $3.65 earnedNick Vujicic: The Bank Canceled Me for My Faith
42.1K11