“We’re planning to buy a home and my wife wants to use her friend’s sister who has a full-time job and sells real estate on the side. I think we’re headed for problems. Do you agree?”
Answer:
Using a part-time agent is dangerous.
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…
A while back, I received an offer on a client’s home. 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? Just having a real estate license does NOT mean the person has a clue.
This is the biggest financial move of your life. Never use someone, part time or not, just because you know them.
