The Wrong Way To Close A Sale In Ecuador

“You did what?” I asked surprised at my new American friend who told me he just agreed to sell his car to an Ecuadorian girl.

He’s turning down dozens of people calling on his car every day (a car in high demand in Ecuador) because he already agreed with a handshake to sell and was planning on meeting her in a few days. No money exchanged.

“Naw! Man.” I responded.

Maybe that’s how you do business in North America, but that doesn’t work down here.

The first person to pay you in full for the car, get’s the car, that simple. Don’t be holding it for people!

Down here, if there isn’t at least a deposit paid, you got nothing, man!

Words are just hot air.

Handshakes are worse.

Checks are the equivalent of toilet paper, (seriously!) at least, when you don’t know the buyer in a deal like this one.

Particularly, when selling something in high demand down here like a car, if someone asks if they can pay in installments or whatever, tell ’em to f— off, you’re not a bank.

Cash in hand or deposited in bank account… then goods released.

That’s how you do business down here.

If you liked this you’d love my wekly newsletter on living and investing in Ecuador, fill in below to sign up now (you can unsubscribe at any time):

Published by

Journeyman Jack Ecuador

Proudly serving Ecuador Expats since 2008, My Services, web links, contact info tel. #'s - US, CAN & EC. are all below: Thank You, Jack Abercrombie, Cumbaya, Quito- ECUADOR S.A. [email protected] [email protected] #StrategicRelocationEcuador "May your strategy be as dark as night and as swift as a boulder rolling down a mountain." ~ Sun Tzu "I'd rather prep 10 years too early than 10 minutes too late." Strategic Relocation Ecuador: http://JourneymanJack.com/ Ecuador Real Estate: http://EcuadorRealEstate.org Call Toll free from U.S. & Canada: Mnts: 770-828-7913, & Coast: 770-988-4492, EC. Off: 02-380-4088, Ec. Cel Claro: 098-828-8953, WhatsApp, Zello, Telegram, Viber, Signal, WIRE, Element, Sessions: +593-98-828-8953, For Virtual Real Estate Tours, PreTrip Planning Video Conference via Zoom, jitsi, "skype" user name: "Jack.Abercrombie"- https://join.skype.com/invite/B4plcVLSCGWk Someone once said that Ecuador is a country that is: •EASY to love- •HARD to understand- •Impossible to forget- 'All the Very Best on Your Endeavors in Ecuador-