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  1. #1
    Senior Member hanshananigan's Avatar
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    OT- would you use a friend as your real estate agent?

    Gotta buy a house in another town, and the wifey and I disagree on this one...
    Hi!

    Location: Richmond, VA
    Style: XC, Mid-Atlantic roots, rocks, and poison ivy
    Rides: 2006 K2 Apache 6.0, 2001 K2 Razorback Team

  2. #2
    Hey guyz? Guyz? Wait up!! Siu Blue Wind's Avatar
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    My close friend is my real estate agent. I don't think I'd be as far as I am if it wasn't for him. I trust him very highly.
    Quote Originally Posted by Buddha
    We are what we think. All that we are arises with our thoughts. With our thoughts, we make the world.
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    Please dont outsmart the censor. That is a very expensive censor and every time one of you guys outsmart it it makes someone at the home office feel bad. We dont wanna do that. So dont cleverly disguise bad words.

  3. #3
    Portland Fred banerjek's Avatar
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    If you believe your friend would be competitive with anyone you would be likely to find, I wouldn't hesitate. Otherwise, I'd say this is not a good thing for friends to get mixed up in.

    BTW, buyer's agent, seller's agent, or both? Since the housing market is lousy, there's less risk to the friendship if s/he is a buyer's agent rather than a seller's agent.

  4. #4
    crazy bike girl msincredible's Avatar
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    In general I would recommend avoiding doing business with friends if you can help it. Does your friend have any colleagues they can recommend to you?

  5. #5
    On the big ring deanp's Avatar
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    Buying - yes, selling - probably not

  6. #6
    You Know!? For Kids! jsharr's Avatar
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    Did not use a real estate agent, but used my wife's boss's wife as our mortgage broker at Chase Bank. She made it painless as she was concerned about us as friends instead of clients.
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    Quote Originally Posted by colorider View Post
    Phobias are for irrational fears. Fear of junk ripping badgers is perfectly rational. Those things are nasty.

  7. #7
    Domestic Domestique UnsafeAlpine's Avatar
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    how can a Foo thread be off topic?

  8. #8
    Wood Licker Maelstrom's Avatar
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    Are you going to do business with him

    Or

    Are you looking for some free recommendations

    If its a)( walk away, if its b) feel free. Just don't hold him accountable if **** hits the fan.

  9. #9
    You Know!? For Kids! jsharr's Avatar
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    Quote Originally Posted by UnsafeAlpine View Post
    how can a Foo thread be off topic?
    by being on topic
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    Quote Originally Posted by colorider View Post
    Phobias are for irrational fears. Fear of junk ripping badgers is perfectly rational. Those things are nasty.

  10. #10
    superArti artifice's Avatar
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    I'm currently using my boss (at a marketing company, so un-related to real estate) who is also licensed for real estate as my buying agent. Its got a number of perks... besides him being frank about a property, area, etc... I also get a "get out of work free" card whenever he sets up a showing. Sweet, sweet short days and long lunches....
    i woke up one morning and i stepped out of bed | had to get a bike, had to paint it red
    Of all the treasures I have, itís the memories that are the most precious.

  11. #11
    GATC
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    Quote Originally Posted by msincredible View Post
    In general I would recommend avoiding doing business with friends if you can help it. Does your friend have any colleagues they can recommend to you?
    Yes realtors who give referrals get a cut so that's a real no-lose from your friend's standpoint, he/she gets paid (as long as you buy with the agent you get referred to) even though you don't go through the whole purchase drama together.

  12. #12
    Gorntastic! v1k1ng1001's Avatar
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    Quote Originally Posted by deanp View Post
    Buying - yes, selling - probably not
    renting, yes

  13. #13
    old and in the way grueling's Avatar
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    Try to avoid having friends who are real estate agents

  14. #14
    Senior Member jaxgtr's Avatar
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    My Motto: Never do business with family or friends or you wont be family or friends any longer.
    Brian | 2013 Cannondale SuperSix 5 | 2003 Trek 7300 | 2014 Trek CrossRip Comp
    Quote Originally Posted by AEO View Post
    you should learn to embrace change, and mock it's failings every step of the way.

  15. #15
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    Don't mix business and friendship.

    Just don't.

    This comes from experience.

  16. #16
    Senior Member hanshananigan's Avatar
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    Quote Originally Posted by banerjek View Post
    ...BTW, buyer's agent, seller's agent, or both? Since the housing market is lousy, there's less risk to the friendship if s/he is a buyer's agent rather than a seller's agent.
    Thanks for the replies folks! Lots of ya on both sides! Banerjek, I dunno the answer to this one... I'll find out and report back.

    Basically, she has helped another couple we know, and it seems to have worked out well. We said we are moving back to (her) mid-sized city and she offered her services, enthusiastically. She seems to do well for her company and I have no reason to doubt her competence. My wife and I will be in a time crunch, so it would be very useful to have a caring advocate on our side. Still, business is business and friendship is friendship...
    Hi!

    Location: Richmond, VA
    Style: XC, Mid-Atlantic roots, rocks, and poison ivy
    Rides: 2006 K2 Apache 6.0, 2001 K2 Razorback Team

  17. #17
    Pwnerer Wordbiker's Avatar
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    Quote Originally Posted by grueling View Post
    Try to avoid having friends who are real estate agents
    +1

    Avoid Property Pimps.
    Quote Originally Posted by ahsposo View Post
    Ski, bike and wish I was gay.

  18. #18
    Hey guyz? Guyz? Wait up!! Siu Blue Wind's Avatar
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    I guess I've been lucky.

    I've known the guy since we were kids. Our families have been friends for even before we were born. Maybe that has something to do with it.
    Quote Originally Posted by Buddha
    We are what we think. All that we are arises with our thoughts. With our thoughts, we make the world.
    Quote Originally Posted by making View Post
    Please dont outsmart the censor. That is a very expensive censor and every time one of you guys outsmart it it makes someone at the home office feel bad. We dont wanna do that. So dont cleverly disguise bad words.

  19. #19
    You Know!? For Kids! jsharr's Avatar
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    Do not sleep with your real estate agent unless he or she is hot, and even then only after the papers are all signed. Also make sure you spouse is away at the time, or a swinger.
    Are you a registered member? Why not? Click here to register. It's free and only takes 27 seconds! Help out the forums, abide by our community guidelines.
    Quote Originally Posted by colorider View Post
    Phobias are for irrational fears. Fear of junk ripping badgers is perfectly rational. Those things are nasty.

  20. #20
    GATC
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    Quote Originally Posted by jsharr View Post
    Do not sleep with your real estate agent unless he or she is hot, and even then only after the papers are all signed. Also make sure you spouse is away at the time, or a swinger.
    wasn't there a whole movie about that?

  21. #21
    Caustic Soccer Mom apclassic9's Avatar
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    I have a real estate agent who has become one of our favorite "occassional" friends - he always gives me a call when a house suitable for our needs (nearby college town suitable for rental) comes on the market - before it's listed for the public. If we buy it, it saves $$ for him & the seller - quick sale, no advertising required.
    As with mud, life, too, slides by.

  22. #22
    Member patachenca412's Avatar
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    My advice is an emphatic NO! My wife and I just sold our house this month, we bought it through the same family friend 2 years ago. We used him for the purchase, and were reasonably happy, but we never felt like we could be in control. There were times, especially in the selling process, that we felt like we got pushed around by the buyers and our friend/agent wouldn't stand up for us, and we couldn't be as harsh as we wanted to be without endangering the relationship.

    Basically, you are paying thousands and thousands of dollars to this person, and if you do not feel like you could be their boss, sometimes being harsh if needed, then use someone you don't have a previous relationship with.

    Just my 2 cents....
    "Never doubt that a small group of thoughtful committed citizens can change the world. Indeed, it's the only thing that ever has." -Margaret Mead.

  23. #23
    The Improbable Bulk Little Darwin's Avatar
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    I don't think it is nice to use people, especially your friends... Oh wait... as a real estate agent... never mind.
    Slow Ride Cyclists of NEPA

    People do not seem to realize that their opinion of the world is also a confession of character.
    - Ralph Waldo Emerson

  24. #24
    Back in black cydewaze's Avatar
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    My best friend (and the best man at my wedding) is also my Real Estate agent. We used him when we sold our last house and when we bought this one, and he was fantastic. Of course he charged us just like he would charge anyone, and we were happy to give him the business.

  25. #25
    Senior Member hanshananigan's Avatar
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    Thanks folks! Lots of varied opinions here. Considering another couple we know had a good experience with her, and we are on a tight schedule, and she has assured us she will work hard and no hard feelings if we bail in mid process, etc (and we trust her), I think we will use her as our agent. I'll try to remember to post how things go!
    Hi!

    Location: Richmond, VA
    Style: XC, Mid-Atlantic roots, rocks, and poison ivy
    Rides: 2006 K2 Apache 6.0, 2001 K2 Razorback Team

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