Know when to walk away from a trade that no longer makes sense

You can stop the negotiation when:

• the valuation gap remains too large;
• information keeps changing;
• undisclosed defects emerge;
• the cash adjustment exceeds your limit;
• the process becomes unclear;
• you are no longer convinced by the item you would receive.

A trade is worthwhile only if both parties prefer it to their alternatives.

There is no need to reach an agreement at any cost.