Can you Define "Risk"?

If a man jumps out of an airplane without a parachute, does he experience any risk?

NO. He know exactly what is going to happen. Therefore, risk is a measure of some level of probability relative to a known possibility. If I tell my wife that I am going to be at the Moran Team annual party for just an hour, I run the risk of really ticking her off. Why? Because it is highly probable that I won't come home in an hour and distinct possibility that she will be in a mood just south of happy. Enough said.

So, are there risks in Real Estate? You bet. "Is this purchase risky?" You bet. Your job, then, in some respects, is to mitigate those risks and build a confident and educated client. Just thought I would provide some perspective.

After all, if it were easy.... everyone would do it!

Scott Cummins

www.TeamCummins.com