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Practicing outside of your area of Expertise ? Just Say NO

Reblogger
Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

We all want to be as helpful as we can to our clients, but we should also be professional and truthful.  Don't get involved in things you don't really know:

 

Original content by Sally K. & David L. Hanson 57026-90 Broker

Practicing outside of your area of Expertise ? Just Say NO .  Kitty Nah

 

  We are sometimes asked all kinds of questions by both Buyers and Sellers that are not within our area of expertise.  We are confident in the areas of practice for which we have  taken additional education and have successful experience…but in “peripheral discipline areas” …we just say…No…here are some sources that you may consult. 

   These questions/areas may include….but are certainly not limited to:

 

 What is Deductible on my taxes ?  CPA/tax consultants are the highest and best source for an answer.

 What will be taxes be Next Year if I buy this house ?  This may be one for the ouija  board…school referendum, new city council….all kinds of things can make changes in this number.

What are my legal rights regarding a boundary dispute ? We can refer you to a surveyor and real estate attorney.

taxesIf I finish the Basement how much will my taxes go up ? No idea….just be sure you have the required permits pulled and closed with competent contractors. You want to see them to believe them.

How much is the insurance on this house ? There are quite a number of factors that go into an insurance rate from zip codes and credit scores to distance from the fire station, We will refer you to a qualified insurance agent who can quote a rate with all the facts necessary to be accurate.

What are the chances of  getting a variance for something I want to change in the Homeowners Association ? Again…Ouija may be your highest and best source.

Is the city code the same here as it is in my present home ? Compare apples to apples…ouija boardconsult the municipalities  and proper departments,…i.e. plumbing, electrical.

Will the flower bulbs I am taking with me from my present residence grow in the front yard of the New House ? Sorry Green thumb-less…we will give you names of landscaping companies in the area of your new home.

 

There are defined areas of real estate…Commercial, short sales, luxury, (we think Divorce) that should not be  a part of a practice without some education.  There are other disciplines for which we should direct Buyers and Sellers to other professionals. Practicing outside your area of expertise…? Just say NO.

 

This has been a professional cautionary post brought to you by Sally K. & David L. Hanson, Broker Associates with EXP Realty honored to be of service for all things real estate in southeastern Wisconsin.

 

Sally K. & David L. Hanson, ABR, CDPE, CSS, e-Pro,ILHM, REDS


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Comments (13)

James Dray
Fathom Realty - Bentonville, AR

Morning Gabe.

I follow Sally & David so I've read this one.  I know enough about commercial to be dangerous, but not enough to be competent in the transaction.  I know my limitations

Feb 02, 2019 02:01 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Gabe Sanders excellent choice for a reblog.... if it's outside of your area of practice, say NO....

Feb 02, 2019 04:51 AM
Gabe Sanders

or do a referral.

Feb 02, 2019 07:26 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Gabe Sanders - great reminder for those who may think they are helping butmake the situation worse.  Stay in your own lane!

Feb 02, 2019 05:36 AM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Thank you for the reblog Gabe Sanders very much appreciated !

Feb 02, 2019 05:55 AM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Gabe. This is an excellent re-blog and on the money for sure.

Feb 02, 2019 06:18 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Gabe... great reblog selection. Practicing outside one's area of expertise is like a lawsuit waiting to happen. And it's a violation of our code of ethics, as well... too many agents forget that little point.

Feb 02, 2019 06:34 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gabe, just had to tell a Buyer I would not go into Colorado Springs, and referred them to my GO TO REALTOR in the area.

Feb 02, 2019 06:59 AM
Roy Kelley
Retired - Gaithersburg, MD

Thank you very much, Gabe, for sharing this excellent reblog selection.

Feb 02, 2019 08:17 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good afternoon Gabe - all good points by Sally and David.  It would be unwise for an agent to answer these questions unless they have that expertise.

Feb 02, 2019 01:51 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Gabe it is never a good idea to cross the line.  There is enough to get us in trouble in our own lane.

Feb 02, 2019 03:46 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I enjoyed your reblog along with the original Gabe Sanders 

Feb 02, 2019 09:16 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thank you for stopping by and taking the time to read my re-blog.

Mar 02, 2019 07:36 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for your comments. It’s always good to hear from you.

Mar 02, 2019 07:37 AM