Saturday, August 7, 2010

Shall I use family/friend to sell/buy my house?

SHALL I USE ONE A FAMILY MEMBER OR A FRIEND TO HELP ME SELLING OR BUYING A PROPERTY?

This is not really an easy answer but if you are in such situation consider these arguments and see for yourself what is right for you.

Have a family member or friend helping me:

Positive: Could save you money in commission.
Negative: Could cost you money if he/she is not good enough, risk for serious troubles if anything goes wrong with the deal, no pressure on the agent (=family member/friend) as it normally would be without any close relationsship. Less professionalism.

"NEVER MIX MONEY / BUSINESS WITH FAMILY AND FRIENDS". It was what my grandpa (lawyer) tought my mom and she has taught me. There is a big risk that you will lose a friend and/or a family member over some money issues. It is not worth to do it.

Marianne

1 comment:

  1. I want to sell my house first. no slow down. This is great opportunity to buy your house.
    Thanks.
    sell my house

    ReplyDelete