Why Talking to Friends and Family Isn’t Always Best When Buying or Selling Real Estate

Why Talking to Friends and Family Isn’t Always Best When Buying or Selling Real Estate Written by Malcolm Davis of Homevets Realty LLC. When it comes to buying or selling a home, it’s natural to turn to friends and family for advice or even to consider using them as your real estate agent. After all, these are people you trust and who know you well. However, relying too heavily on personal relationships in real estate decisions can sometimes do more harm than good. Here’s why: 1. Lack of Expertise and Objectivity Most friends and family mean well, but unless they are seasoned real estate professionals with direct experience in your target market, their advice may be based on personal anecdotes rather than current market realities. Well-intentioned but uninformed guidance can lead you astray, especially if they haven’t built substantial property portfolios themselves or kept up with local market trends. 2. Emotional Baggage and Uncomfortable Conversations Buying or selling a home ...