I was talking to an agent before I went on vacation and he was complaining about a client that kept walking away from deals because he had a friend who kept giving him real estate advice. We have all had this happen, and though it is frustrating, it is something we have to overcome.
How do you do that? You become the expert! But, after returning from vacation, I heard this same agent giving advice to someone on the phone about mortgages. I thought to myself, how could you be mad at your other clients friend for giving real estate advice when they aren’t an agent and here you are giving mortgage advice and your aren’t a mortgage banker?
You can’t have it both ways, are you the friend with advice or are you the expert? Don’t give advice on subjects that you aren’t qualified to give… personally, I think it could lead to a huge lawsuit. What would you tell this other agent?