Careful Who's Giving Advice

By
Real Estate Broker/Owner with HomeRome Realty 410-530-2400 311291
https://activerain.com/droplet/5nNh

As a former Pediatric Head Nurse and mother, this post comes from experience.

 Careful who you listen to

 
Observe parents of a first baby.  Everything is new to them-responsible for this brand new little person.
All of a sudden, everyone is an expert. It may be the grandparents, in-laws, other relatives, neighbors, and anyone who has ever known someone with a newborn.  
And these folk don't hesitate to give advice. Many times the "advice" creates doubt in that new mommy who has chosen to breastfeed. The help comes in the form of  a seemingly innocent question like 
-Are you sure the baby is getting enough milk? 
"Well-meaning" people put fear into an unsure new parent.
 
Much like the advice from all the well-meaning friends, neighbors, and relatives, you get this kind of information when you put your home on the market.
It seems that anyone who has ever lived in a house is an expert on real estate. Their "innocent" question may be in the form of: 
''Are you sure you've chosen the right agent, the right time to sell, the right price, the right way to show, the proper advertising because my agent says: ______ !''
Go ahead and fill in the blank. 
 
Choose your professional with care, then listen, and have trust. 
 
 
                                                Margaret Rome
 
 
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Rainer
604,920
Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

Most people tend to give advice based on their understanding of our business, except for people who live, breath, talk and walk real estate everyday.

Choose your professional with care, then listen, and have trust. Great advice Margaret!!!

Aug 24, 2020 07:16 AM #31
Rainmaker
932,634
Joy Daniels
Joy Daniels Real Estate Group, Ltd. - Harrisburg, PA

Great post!  We need to the professional that people trust for advice!

Aug 24, 2020 08:30 AM #32
Rainmaker
1,623,651
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

I have a copywriting client who is struggling with a listing client right now. First, another agent advised her that "He" could sell her house for $200,000 over market. Then, when he didn't get the listing, he brought a buyer with an offer $100,000 UNDER market.

On top of that, this homeowner has a boyfriend. The boyfriend sells furniture, so she takes his advice over someone who has been a top selling agent for more than 20 years.

Aug 24, 2020 12:35 PM #33
Ambassador
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I tried real hard to not be in the advice business when my grandson got here.  It's one thing if she asks.  But she's a nurse, she can take care of her baby and I just get to enjoy him.  And when it came to buying and selling she listened to my advice without fail.  

Aug 24, 2020 12:39 PM #34
Rainmaker
551,697
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

It's our job, I believe, to sell OURSELVES to the client enough that they respect us. If they don't believe in our capabilities, that's a bad sign. Sure my clients get advice from their near and dear, but the way they bounce it off me is asking MY advice on the advice.  I don't take it as criticism. 

Aug 24, 2020 02:06 PM #35
Rainer
65,566
Jasen Edwards
Creator, Good Selling Formula™ - Santa Barbara, CA

Choose. Listen. Trust. That’s wonderful advice.

Aug 24, 2020 04:55 PM #36
Rainmaker
692,181
Debra Leisek
Bay Realty,Inc Homer Alaska - Homer, AK

My favorite is the 93 year old Aunt from the East Coast giving advice and they havent sold Real Estate for 27 years  and have no idea what is what. But we must respect our Elders!

Bonus! I got to report 3 abc guys on here!!!

 

Aug 25, 2020 01:12 AM #40
Rainmaker
342,671
Shirley Coomer
Keller Williams Realty Sonoran Living - Phoenix, AZ
Realtor, Keller Williams Realty, Phoenix Az

Most states have different laws when it comes to real estate.  Advice from a well-meaning family member in NY may not apply in Az!.  Some folks seem to think their 20-year-old experience applies today.  We all know we have many addendums and disclaimers added over the years to clarify various issues.

Aug 25, 2020 05:28 AM #41
Rainmaker
710,496
Mike McCann - Nebraska Farm Land Broker
Mike McCann - Broker, Mach1 Realty Farmland Broker-Auctioneer Serving Rural Nebraska - Kearney, NE
Farm Land For Sale 308-627-3700 or 800-241-3940

I give out very little advice to friends or family members unless they have hired me...and my experience working with family is less than stellar.  Seems that many (not all) are actually closet pro agents with a vast amount of knowledge on how to sell real estate either incorrectly or way too cheap...and they like it that way.  SO I stay away.  I also do not give friends or family advice unless they are a client.  

Aug 25, 2020 06:19 AM #42
Rainmaker
588,486
Mary Hutchison, SRES, ABR
Better Homes and Gardens Real Estate-Kansas City Homes - Kansas City, MO
Experienced Agent in Kansas City Metro area

Other parents can't help but give advice to the newbies!  Same with the seasoned agents talking to the newer ones.  Sellers getting advice from friends who are NOT in this profession--why?!?!  Sometimes I am asked for my advice re: a friend's deal in another city or state--I always hesitate and usually just give some general thoughts if pushed.

Aug 25, 2020 08:31 AM #43
Rainmaker
905,971
Elyse Berman, PA
Best Connections Realty, Inc. - Boca Raton, FL
Boca Raton FL (561) 716-7824 CRS, ABR, GRI,ePR

So true Margaret Rome Baltimore 410-530-2400 !  Everyone has a friend, relative or whatever who is an expert in what we do.  Most times, they got their information online and are just passing it along.  And we all know where that goes.

Aug 25, 2020 10:20 AM #44
Ambassador
1,970,751
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Margaret Rome Baltimore 410-530-2400  No truer were written 

Aug 25, 2020 10:43 AM #45
Rainmaker
1,022,570
Jan Green
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

Great, thought-provoking post.  It's critically important to ask those in the know and work in the field, like you Margaret!  

Aug 25, 2020 12:04 PM #46
Rainmaker
1,138,767
Margaret Goss
Baird & Warner Real Estate - Winnetka, IL
Chicago's North Shore & Winnetka Real Estate

It's particularly tough when the other "adviser" is a family member. I usually just ask the seller a few questions:

"how many years has that person been selling real estate"

"where have they been selling real estate"

"how many homes have they sold in the last year"

It doesn't always work, but it puts things in perspective for them.

Aug 25, 2020 12:48 PM #47
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971,585
Lynn B. Friedman
Atlanta Homes ODAT Realty Call/Text 404-939-2727 Buckhead - Midtown - Westside -- and more ... - Atlanta, GA
Concierge Service for Our Atlanta Sellers & Buyers

Margaret Rome Baltimore 410-530-2400 
Excellent reminder that many opinions delivered from others can be worrisome to our Clients. And to us -- when we want to make a deal! All the best, Lynn

Aug 25, 2020 06:44 PM #48
Rainmaker
291,089
Susan McCall - - Compass Realty Solutions
Compass Realty Solutions - Portland, OR
Listing and Buyer's Agent

The thing about real estate is that it is constantly changing.  What may be a situation in one city doesn't factor in a different market.  When I tell my buyer clients that the Portland market is hot, they give me a vacant stare.  When I tell them that if every home that is in the MLS sold it would take 5 weeks, there is no relationship to these stats.  Hummn, I feel a blog coming on.....

Aug 25, 2020 09:13 PM #49
Rainmaker
2,885,711
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Everyone has an opinion but those people are also sometimes entitled to be stupid about the whole thing lol.

Aug 25, 2020 09:16 PM #51
Rainer
88,827
Erik Hiss
Keller Williams Capital Partners Realty - Worthington, OH
You can trust me for all your real estate needs!

Just like everything in life...you take advice from those around you and trust...BE that agent in those people's lives. 

Aug 26, 2020 05:12 AM #54
Rainmaker
796,672
Robert Rauf
HomeBridge Financial Services (NJ) - Toms River, NJ

This has been one of my biggest complaints my entire career.  it is even part of my "speach" to clients now.  "EVERYONE is an expert when you mention Real Estate... make sure you listen to the licensed professionals you hire"

The girl giving you a pedicure is NOT an expert in Real Estate or Mortgages!!

Aug 26, 2020 07:44 AM #55
Rainer
176,540
Adam Feinberg
ANCHOR ASSOCIATES - Manhattan, NY
NYC Condo, Co-op, and Townhouse specialist

I worked in investment banks, exchanges and hedge funds prior to changing careers in Wall Street. They had Subject Matter Experts in a variety of areas of practice. We don't really have that in this industry- but it's clear when you do meet someone with a degree of expertise in real estate. When people spend some time talking with me, they realize I am in the sales profession- but I am more of an advisor rather than a salesman.  As an advisor, I have a great deal more credibility than I do as a sales person.

Aug 27, 2020 03:43 PM #60
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