You don’t necessarily want to be friends with your Realtor, but you want a Realtor that you could be friends with. Someone whose personality meshes with yours, and someone with whom you can spend a considerable amount of intense time with few abrasions on either side. If we become friends, that is a bonus.
Can you be friends with your real estate agent?
But it’s not like you’re looking to be friends with your real estate agent…let alone best friends. More often than not, you end up becoming friends with your real estate agent. The weird thing is, you don’t even realize how much of a friend you’ve become to each other, until you’re done buying or selling a house.
Should I have my friend as my realtor?
If you think they really are a good agent, then offer to recommend them to friends (they’ll appreciate that). Real friends will respect your decision and not make you feel guilty about it. And so will any agent you’d want to do business with.
Agents can represent a family member but they must disclose it upfront before an offer is placed. For Realtors®, this aspect is clearly specified in the Codes of Ethics.
How do you interact with a Realtor?
How to Talk to a Real Estate Agent
- Work with one agent. Be direct and ask your agent about terms of exclusivity if you are unsure. …
- Be clear with how you want to communicate. Do you prefer phone calls, texts, emails, or face-to-face? …
- Communicate your wants and needs. …
- Ask questions.
How do I tell my realtor I chose someone else?
During your scheduled call, tell your real estate agent you’ve chosen to work with someone else and thank them for their time. They may ask if you’ve signed an exclusivity agreement with someone else. You don’t need to disclose any other information if you don’t want to.
Can I be my boyfriends real estate agent?
You only have to disclose that you are related to the owner of the property or you are an owner agent of the property. It does happen often but as long as you disclose your interest as an agent you will be fine. Also most state require you to be an agent for X amount of years before you can become a broker.
Is it wrong to sell to friends?
To sum it up: if you wouldn’t sell it to your brother-in-law, don’t sell it to your friend. And if you would sell it to either one, say so, and say clearly why you’re doing it. If it’s the right thing for your friend to buy, then it’s the right thing for you to sell – to your friend as much as to anyone else.
The general rule is that if the real estate professional is related to the buyer or the seller of the property, he or she has to disclose the relationship in writing to all other parties to the purchase and sale agreement.
Can my spouse be my Realtor?
If it’s a joint ownership, you have to look at the terms as spelled out in any agreement they should have. (Are they equal partners?) Yes, you can make a commission on the sale of the home, but you must disclose that you are related to the (or an) owner of the home.
Can a realtor sell a house to their spouse?
“The quick answer for this question is yes, it is legal to sell your home to your own spouse,” says real estate agent Fernando Morais of Triplemint in New York City. Often in a divorce, one party is instructed by the court to buy the other out.
Do Realtors have conflict of interest?
If relatives of the agent are involved in a real estate transaction, there is a conflict of interest. In this case, the agent must disclose a personal interest in the property. Failure to do so is considered a contravention of the REALTORS® Code of Conduct.
What should I not tell my real estate agent?
Ross says there are three things you never need to disclose with your real estate agent:
- Your income. “Agents only need to know how much you are qualified to borrow. …
- How much you have in the bank. “This is for your lender to know, not your real estate agent,” he adds.
- Your personal and professional relationships.
Is it OK to text a realtor?
Don’t treat it like email.
Text messages aren’t meant for long, lengthy or detailed conversations, and they’re not great for sending contracts or attachments that the client would want to save or look at the fine print of. … You can also use texts to support your emails. Did you just send over an offer?
How do you talk in real estate?
It is quite usual for buyers to hear real estate agents make tall promises. They also expect the agent to speak poorly of his competitors.
5 must-dos for brokers
- Be a good listener.
- Take notes.
- Be prompt in your response.
- Hand-hold your clients.
- Keep the discourse entirely professional.