Quote:
Originally posted by pwd72s
Scott, based on this, I'd say you need to debate which is best for you...what a collection agency might get or a bankrupcy judge would award you. Real estate companies are NOT doing well right now. It IS a buyer's market in home sales. This realtor may be about to fold.
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Ya, and you know who's going to get paid before they do? The ones who apply the most pressure. I would take out the big guns.
I can understand delays because of paperwork and bureaucracy, but it really irks me when $chit like happens because they are mismanaging their cash flow.
As a consumer, if I rack up debt on credit it gets hit with interest. I don't see why this should be any different. Ya, I understand you guys need to maintain business relationships. However, are these the customers you want to work for, when there may be others out there who WILL pay on time?
My neighbor runs an appliance shop, and was describing a similar situation he had with a consistently late paying customer. One day he was delivering 6 sets of washers and dryers to an apartment complex, and he mentioned they had several outstanding invoices. They hummed and hawed, and he told them "Well, if I'm going to be working for free, I'd just as soon go home early." Then he left. He started tagging interest on their invoices. They got the message, and yes they still use him.