When it comes to choosing your agent, it’s easy to feel obligated to use the services of an agent who’s a friend or family member.
Loyalty is important, but it’s usually not a good idea to let loyalty override choosing an experienced, competent, skilled agent to buy or sell a home.
That’s especially true if the friend or family member is new in real estate or a part-time agent with minimal experience.
There are multiple conflicts of interest that can arise when you entrust the success of the largest financial transaction of your life to a friend or family member.
When you work with a friend or family member, it’s very difficult for the agent to provide guidance for personal, confidential, financial decisions.
Conversely, it’s also challenging for the client to hold a friend or family member accountable for the level of service expected.
If you’re considering buying or selling a home and using the services of a friend or family member, your best response may be “I don’t think we should mix friendship (or family) with business because I want us to remain friends”.