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List Your Home: Why you Shouldn’t Hire a Friend

Posted by admin on July 26, 2023
The Puffin Team Real Estate - Lynn Vardy - List Your Home: Why you Shouldn't Hire a Friend

The Friend Trap and what it means.

Ah, friendship – the magical bond that brings joy, laughter, and shared experiences. It’s no wonder that when we find ourselves in need of a favour, our first thought often turns to our dear friends. But hold on a minute! Before you rush to ask your best friend to list your home, let’s take a step back and consider why it might not be the best idea. In this blog, we’ll explore the potential pitfalls and humorous mishaps that can arise when you mix friendship and real estate.

The Blurred Lines:

One of the biggest challenges when working with friends is maintaining a clear distinction between personal and professional relationships. While you may enjoy spending time together, entering into a business transaction can muddy the waters. Suddenly, what should be a straightforward negotiation can become an emotional rollercoaster, leaving you scratching your head and wondering why you thought mixing friendship and listing your house was a good idea in the first place.

The Honest Truth:

When it comes to listing your home, honesty is key. Unfortunately, when a friend takes on the role of your real estate agent, it can be challenging for them to provide unbiased feedback. They may find it difficult to share the unfiltered truth about your home’s flaws or overprice it to please you, potentially leading to unrealistic expectations and a longer time on the market.

The Stressed-out Friend:

Selling a house is undoubtedly a stressful process. The pressure to find the right buyer, negotiate deals, and handle the paperwork can take a toll on anyone. Now, imagine if your friend is the one dealing with all that stress. Instead of enjoying your friendship, you may find yourself tiptoeing around delicate conversations and worrying about straining your relationship.

The Lost Connection

Even the most well-intentioned friends can sometimes let work-related issues seep into personal interactions. A disagreement over marketing strategies or a misunderstanding during the negotiation process could lead to strained friendships or even a complete breakdown in communication. When money and personal interests are at stake, it’s important to consider the potential impact on your friendship.

The Expectation Game:

When you hire a professional real estate agent, you have certain expectations. You expect them to have in-depth market knowledge, expertise in negotiations, and the ability to showcase your home’s best features. With a friend, however, there’s a risk of assuming they possess all these skills without proper vetting. What if they lack the necessary experience or struggle to live up to your expectations? It’s a gamble that could leave both of you feeling disappointed.

While enlisting a friend to help list your home might seem like a fun and convenient idea, it’s important to consider the potential downsides. Mixing friendship and real estate can lead to blurred lines, strained relationships, and unmet expectations. Instead, consider hiring our team who can provide the expertise and objectivity needed to navigate the complex world of home sales. By doing so, you can preserve your friendship while ensuring a smooth and successful selling process. Remember, friends are priceless, but when it comes to selling your home, it’s best to leave it to the professionals!

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