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Is a friend your best choice for your agent?

By
Real Estate Broker/Owner with Morningside Homes, LLC 720-231-5200 DRE# ER300941

In the realm of real estate transactions, the decision to engage a friend who also happens to be an agent may seem like a tenuous situation and may cause some hesitation.

Concerns about how professional relationships may impact their personal connection occasionally weighs on a person's mind, leading them to consider alternative options. It may stem from the fear that any hiccups or disagreements during the transaction may strain or even jeopardize the friendship.

It may actually be the opposite.  There are many advantages to working with a professional to find your home who also happens to be your friend.

  1. Trust: Having a friend as your agent allows for a pre-existing level of trust, enhancing communication and transparency throughout the transaction.
  2. Personalized Service: A friend-agent is likely to provide highly personalized service, tailored to your specific needs and preferences.
  3. Understanding: Friends understand your lifestyle, preferences, and priorities, enabling them to better advocate for your interests in the real estate process.
  4. Accessibility: With a friend-agent, you may find it easier to reach out and communicate, ensuring prompt responses and availability during crucial stages of the transaction.
  5. Shared Goals: Both parties share the common goal of a successful real estate transaction, fostering collaboration and mutual understanding.
  6. Comfort Level: Working with a friend can create a comfortable and relaxed atmosphere, making the process more enjoyable and less stressful.
  7. Loyalty: Friends are likely to prioritize your best interests and remain loyal throughout the entire transaction, ensuring you receive the support and advocacy you deserve.
  8. Knowledge of Preferences: Friends are often aware of your lifestyle preferences and priorities, allowing them to identify properties that align closely with your needs.
  9. Insider Insights: A friend-agent may provide valuable insider insights and tips about the local real estate market, helping you make informed decisions.
  10. Flexibility: Friends are often more flexible with their schedules and approach, accommodating your needs and preferences throughout the process.
  11. Shared Values: Friends share common values and understand your motivations, ensuring they align their efforts with your long-term goals and aspirations.
  12. Continued Relationship: Utilizing a friend as your agent can strengthen your bond and deepen your relationship, as you navigate an important milestone together.

It's crucial to address any concerns or hesitations you may have with your friend who is also your real estate agent. Open and honest communication is key to maintaining a strong and healthy relationship, both personally and professionally.

By expressing your worries or uncertainties upfront, you give your friend the opportunity to address them directly and reassure you of their commitment to your best interests. This conversation can help clarify any misunderstandings, alleviate any fears, and strengthen your trust in their ability to guide you through the real estate process effectively.

Remember, your friend values your relationship just as much as you do, and they want to ensure your satisfaction and peace of mind every step of the way.

Questions to ask your friend/agent

  • How do you plan to prioritize my needs and preferences throughout the process?
  • Can you provide examples of successful transactions you've facilitated in the past?
  • What sets you apart from other real estate agents in terms of your approach and expertise?
  • How do you plan to leverage your knowledge of the local market to benefit me?
  • Can you share any insights or recommendations based on your experience in the industry?
  • How do you plan to keep me informed and involved at each stage of the transaction?
  • Are you willing to go above and beyond to ensure a smooth and successful outcome for me?
  • Are you committed to providing transparent and honest communication throughout our working relationship?
  • Can you assure me that you'll always have my best interests at heart as we navigate this journey together?

If you're not convinced a friend is the best choice for your agent, call them and express your concerns.  You are friends and you owe it to each other.  You'll feel better and it will make your decision much easier.

Posted by

Buy or Sell with Patty Clark              Denver/Aurora Co. and surrounding areas 

Chris and Patty

Helping Families Move with Care

If you would like to be sent properties on a daily or weekly  basis just call or email me and let me know your wants and needs. A match will be made with a home you love and with monthly payments you can afford. I specialize in first time home buyers and sellers who are ready to downsize or move to a larger home as the family grows

Morningside Homes, LLC
patty@morningsidehomes.com
www.morningsidehomes.com
Cell: 720-231-5200                      
CRS,GRI,WCR,SFR,CNE, MRE

 

Comments(3)

Monica Hill
RE/Max Associates - Wilmington, DE
the REALTOR to help you discover Delaware

Great post, Patty! I think some people are reluctant to have a friend know EVERYthing about them, but your list of questions can help overcome that. 

Aug 11, 2024 04:53 PM
Patty Clark

I have had clients use me instead of a family member for the reason of not getting them know to much about their finances. But some clients prefer the comfort of knowing the friend and feel safe.

Aug 11, 2024 09:06 PM
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning Patty. Must say if a friend wanted to use someone else when I was active I wanted to know why. Conversely, I took the same position when asked to represent a friend. I explained my position and declined to represent them. Enjoy your day.

Aug 12, 2024 04:33 AM
Patty Clark
Morningside Homes, LLC 720-231-5200 - Denver, CO
Helping Families Move with Care

It does make me nervous when representing a friend or family. I have to focus double hard to make sure all goes as planned. I do tell them that at anytime I will refer them to another agent if they would like

Aug 12, 2024 04:20 PM