Tuesday, June 5, 2012


Even though we intuitively know that it is wrong, for convince we often agree for a product or service with the first person we’ve come into contact with that offers that product or service. We must always keep in the back of our mind that when we purchase products or services (particularly expensive ones) that we live in a competitive society and that there might be someone out there that can provide a product or service cheaper or even of higher quality then the first person we talk to.

It can be quite astounding the differences in prices given by various individuals. Of course some of that occurs because of overhead differences. For instance a drywall contractor who pays most of his employee’s health benefits might have to charge more than one that pays the minimum benefits he is required by law or contract to provide.
Now there is something to be said for using that first person you talk to about providing a service or product if they come either highly recommended by trusted others or you’ve done business with them before. Still, seeking competitive bids from others could help to keep the person you want to handle the service or job stay competitive in his or her prices. Should the person you want to do the job be somewhat higher on their price then others then tell that person the prices quoted by others. Although that person you want may only lower his price a small amount if anything thing at all that seller of a product or service should offer you a plausible explanation as to why the prices are different. If that seller cannot then perhaps you should cross that person off the list of persons you will do business with.

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