Real Estate in Kansas City North

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Can I pick your brain for some information because we're friends?

 When I'm your friend I'm the type of person that I'm your friend to the end.  That's just the kind of person I am. But please don't use me just because I'm your friend and a REALTOR®.

I had an email the other day from a friend I use to work with... it went something like this:

"Hi, can I pick your brain? We're selling the mother-in-laws house (for sale by owner) but the guy next door is a real estate agent and he says he can get $100,000 for it with 6% commission. Is that the going rate?  Can you tell me what it's worth?  Just need info now HELP!"

Well let's face it, I am a sucker for the word HELP, especially if it's in capital letters and BOLD!

I responded telling her that I needed to know information about the house, subdivision, condition, how's the roof, furnace and a/c, etc.  I basically gave her the information she needed to figure out the worth of the home, but I'm learning a valuable lesson.

The next e-mail went as follows: "Thanks, I didn't know it but when I got home this evening my husband decided to go with the agent next door."

I feel as friends and REALTORS® we need to be strong and be able to make boundaries with our friends.

I guess my feeling is they get paid for their work, I get paid for mine.  The general public that I work with and develop long lasting relationships with (and some become great friends) pay for my work/knowledge so why should it be any different for my friends? 

I'm considering developing a "friends" personal policy..... it's called, "Sure I can help you... my hourly rate is $_______."

What's your opinion on this.... and do you have friends like this?  Are you a weenie too when it comes to saying no?

I love Kansas City Real Estate and I love my friends...but I must draw the line in the future.

 


Fran White, REALTOR®
Reece and Nichols Residential
816-682-3897
www.kansascity-realestate.net
www.franwhite.reeceandnichols.com

Comments

I feel your pain.

We call this unpaid consulting, and it hurts.

Draw a line and stick to it. It is one thing to really "help" someone, and another to be taken for granted.

A good way to explain this to a friend is ask if they will do your taxes for you for free. This of course works if your friend is an accountant. If your friend is a nurse, ask them if they will treat your child for free the next time he or she is sick. You get the idea, and so will they.

Good Luck!

Posted by Robert Mayo - CAI, AARE, ATS, CAGA (Mayo Auction & Realty - Your Kansas City Auctioneer) over 2 years ago
Fran, I guess I've been fortunate in that I don't do real estate in the town we live in. Most folks have no clue what I do for a living. And I LOVE it that way!! TLW and I are very private people so we have always kept our business lives seperate from our personal lives. Plus I don't have nay friends:(  Except all my friends on AR of ocurse.
Posted by Bryant Tutas-Tutas Towne Realty, Inc over 2 years ago

Robert:  You are absolutely correct!

BB:  Funny man... I can't imagine a guy like you not having zillions of friends. :)

Posted by Kansas City North Real Estate :: Fran White 816-682-3897 (North Kansas City Real Estate, Reece and Nichols Residential) over 2 years ago
Fran, it's tough.  I've offended some people because I want to get paid. Imagine that.  But I assume these people get paid for their work. In fact, I'll bet the ones that are most prone to getting mad at me would be the most prone to calling out their boss if they received their check an hour late.  Just a guess.
Posted by Chris Lengquist, RIPS (Keller Williams Realty) over 2 years ago

These same people will be the first to tell you they are underpaid and un-appreciated by their employers. Mortgage lenders have the same problem.  Please consider reading my blog on this subject.

Greg Z.

 http://localism.com/article/129073/The-Myth-of-the-No-Cost

 

Posted by Illinois Mortgage Lender Greg Zaccagni (www.MortgageAdvisor.info) over 2 years ago

Chris:  You are so right, in fact you just NAILED this person.  Amazing isn't it?

Greg:  Good point, another characteristic of this person.

 

Thanks for stopping by gentlemen. 

 

Posted by Kansas City North Real Estate :: Fran White 816-682-3897 (North Kansas City Real Estate, Reece and Nichols Residential) over 2 years ago
If you didn't want to play the "dollar card' right away, you could stop at the "I need more information" statement and toss the ball back into their court.  As it comes back each time, you learn where you are without giving too much away.   I would only do that for friends, though.  (Do as I say, not at I do.)
Posted by JudyAnn Lorenz, Virtual Assistant (Bar JD Communications) over 2 years ago

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