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The Reality of working with Friends and Family in buying or selling homes - what everyone needs to know
Friends and Family - What kind of customers do they make?There are various sayings about working with friends and family, and various sayings you can't live with them and cant live without them. But when it comes to working with either a friend or a family member, one tends to be lax in enforcing or practicing the rules of business. Such as having them sign an agency disclsoure but not signing a buyer broker agreement before giving them any listing sheets. There is no worse of a feeling to work with someone who is close to you to have them stray, it is always the same response from them of :I did not realize Real Estate works that wayI was told i could get a better deal without a buyer brokeri was told i had to list my home through them becuase i was buying a new home from them Then the next comment of:You are still going to help me rightCan you look at our purchase agreement rightCan you come to our inspection with usCan you tell me what this meansand so on....
With thoughts racing through my head of NO, i can not help you now, you chose to purchase this new home, ... more

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