“My husband and I will be buying a house in Scripps Ranch or UC. He wants his fishing buddy who does real estate on the side to represent us. I know that’s a bad idea, but can YOU tell him?”
***ANSWER:
USING A PART-TIME AGENT IS DANGEROUS! (Excuse the yelling, but I wanted to be sure your husband heard me.)
Any agent can put you in his car and show you homes. But few really know how to do the job right and protect their clients’ interests. Consider the following…
I received an offer on a client’s home I’m selling. The buyer’s agent, a part-timer, FORGOT to ask for a termite clearance and FORGOT to make the offer contingent on his client’s house closing escrow. If his client’s sale falls through, he’ll likely lose his deposit.
And this isn’t the half of what I see all the time.
My point?
Of course, some part-timers know what they’re doing. But why risk it? Trust the biggest financial move of your life to a full-time professional…don’t use someone, part time or not, just because you know them.