Thursday, July 12, 2018

You Were Asking: There's Something to be Said for an Expert

There's Something to be Said for an Expert
In an age of internet and instant information it’s easy to become an expert at anything, really. It’s often difficult to decide who you should listen to when you’re getting advice, solicited or otherwise, from all angles. You’ve heard us preach before about the importance of working with a Realtor and listening to their professional advice but lines can sometimes blur across industries and even across city borders creating chaos even within our own industry.

When you sign on to work with a Realtor you are trusting in their professional opinion about the value, location and condition of the home you’re looking to purchase. Often times, Realtors will venture outside of their city or town to assist friends, relatives or even long time clients. We can’t all be experts at everything so it’s important to understand where ‘helping out a friend’ should really translate into referring a trusted colleague. Knowing what streets hold the most value or desirability, future area development and even schooling can all be lost if you are working with an out of town Realtor. Asking your Realtor for a referral will not only ensure you are taken care of, but, can also work to include your Realtor if you’re not looking to sever that tie.

This same notion can also apply to other industries involved in your purchase or sale. For example, during your pre-approval process mortgage broker’s can offer solid advice and guidance on how you plan to afford your next move but it’s important to remember, they do not watch trend, understand real estate industry rules and guidelines and are not licensed to offer real estate advice. The same goes for your lawyer. Now don’t get us wrong, a lawyer certainly knows what needs to happen in order to ensure your home closes or should any problems arise, we’re the first to suggest a Buyer or Seller seek their legal council. To defer to their judgement on how much of a deposit is required, is not considered legal advice. It’s sort of along the lines of asking your mechanic for decorating advice. They could do it, but....

The moral of the story? Trust the experts in their respective fields to guide you and leave the background noise as simply that.

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