Once you start, it's a slippery slope. It's not the $$, it's the precedence you set for future work. You take a 10% cut now, then next time it's 15%, 20%...where does it stop? I personally refuse to work for less than I made in 2005 when the cost of everything has went up at least 25% and I had no experience. Everyone has a personal red line. Unless it is within a mile or two, I refuse to cut my rates from Newbie prices since inflation has already make me making less money. Making $$ is NOT as profitable as $$$. Not getting your logic, and we are all not license real estate closers. We are for the most part Notary Signing Agents with a million of us out there competing. You have a niche in MN, most of us do not. I do not like bargaining at my prices and being bargained down. My worth and self respect is worth more than that, and I feel not ever increasing my prices is sacrifice enough.
My Plan B, C is getting a weekend job, not decreasing my worth. jmo |
