I'm a big believer in stepping outside your comfort zone. The familiar rut of the same old, same old, can stymie my enthusiasm very quickly. That's one of the reasons I enjoy my real estate career after years on the job.
On the other hand, I never want to compromise the best interests of my clients due to my stepping out of my comfort/expertise zone. I have a "What would you do question" for my peers:
A long-term client wants me to represent him in the purchase of a luxury home in a coastal community about two hours from Palos Verdes. Years ago, I worked with a developer in the same coastal community, and am familiar with the area in the sense that I know my way around and have decent knowledge of home values in the luxury neighborhoods.
I'm considering taking on the task by visiting the community and attending a few broker and public open houses on the weekend, plus joining the local MLS. After following what's happening in the local housing scene for a few weeks I believe I will be sufficiently versed in value. The wishes of my client and the purchase price are tipping the scales toward saying yes to my client and the time it will take to educate myself about values, best locations etc.
What would you do?
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