The Risks of Hiring a Friend to Sell Your Home
The Risks of Hiring a Friend to Sell Your Home
When you're selling your home, you want to get the best possible price for it. But, more importantly, you want the process to go smoothly with as little stress as possible. That's why hiring a professional real estate agent is always the best option—even if it means not using your friend who just got their real estate license. Here's why.
Your Friend Might Not Be as Experienced as You Think
Even if your friend has been in the business for a while, they might not have closed many deals. In fact, most new real estate agents don't close many deals in their first year. And, even if they have closed a few deals, those deals might not have been in your area or for homes similar to yours. So, while they might be eager and enthusiastic, they might not have the experience necessary to ensure that your home sells quickly and for top dollar.
They Might Not Have Enough Time for You
While your friend might be excited about the prospect of helping you sell your home, they might not have the time to give you the attention you deserve. Remember, as a new agent, they're probably still trying to build their clientele. So, even if they are available to show your home or meet with you when you need them, they might not be able to devote as much time to your sale as an experienced agent would.
You Might Not Get an Objective Opinion
It can be difficult for friends to give honest feedback—especially when it comes to something as personal as your home. Sure, they'll tell you what they like about it but will they also point out any potential problems that could turn buyers off? Probably not. An experienced real estate agent will be able to give you an objective opinion about your home and help you make any necessary changes before putting it on the market.
When it comes time to sell your home, resist the urge to hire your friend who just got their real estate license and is eager to help out. While they might mean well, chances are they don't have the experience or time needed to ensure that your home sells quickly and for top dollar. It's always better to hire a professional real estate agent who will be able to give you an objective opinion about your home and help you make any necessary changes before putting it on the market.