{"id":2211,"date":"2019-11-25T00:00:03","date_gmt":"2019-11-25T00:00:03","guid":{"rendered":"https:\/\/merendarealestate.com\/?p=2211"},"modified":"2019-11-22T21:48:32","modified_gmt":"2019-11-22T21:48:32","slug":"why-a-family-member-shouldnt-be-your-real-estate-agent","status":"publish","type":"post","link":"https:\/\/merendarealestate.com\/?p=2211","title":{"rendered":"Why a Family Member Shouldn\u2019t Be Your Real Estate Agent"},"content":{"rendered":"\n
\"Real<\/figure>\n\n\n\n

If you\u2019re thinking about doing something\nbig, such as buying a new home, it\u2019s common to turn to friends and family for\nhelp. For many people, their first call is to a family member who is a real\nestate agent. Even though this is common, it\u2019s not necessarily the best idea.\nThere are quite a few reasons why hiring a family member can easily backfire.\nBefore you make the call to your cousin, or Aunt Betty for real estate advice,\nconsider going with a neutral party. Here are a few reasons why it\u2019s not\nrecommended to hire a family member to handle your real estate deals. <\/p>\n\n\n\n

Real Estate Is\nPersonal <\/h2>\n\n\n\n

If it\u2019s your first time purchasing a home,\nyou may not be fully aware of all the financial disclosures and personal\ninformation you\u2019ll have to release. Do you really want your family member knowing\nall about your savings, your debts, your annual salary, and why you\u2019re buying\nor selling the property to begin with? Hidden underneath all the real estate\ndetails is a lot of personal information that may be awkward to share with someone\nyou\u2019re close to. What\u2019s not awkward is sharing this information with a\nprofessional real estate agent that will cast no judgment but will have the\nanswers to all your questions. It\u2019s a lot easier to disclose these details with\nsomeone that\u2019s simply there to find you a home, and not someone who might\naccidentally share your credit score with a mutual friend. <\/p>\n\n\n\n

They Might Think\nThey Know Better <\/h2>\n\n\n\n

Picture it. You call your Aunt Betty to find you the best house in Toronto<\/a>, but instead, she sends you a list of properties in Oshawa because that\u2019s where she thinks<\/em> you should buy. When we turn to family members that are close to us to handle our real estate deals, they might feel so close to you that they end up pushing for a property you don\u2019t want. This not only wastes your time, but it could mean missing out on your dream home. A professional real estate agent with no ties is more likely to listen to what you want and work towards your goals, not theirs. <\/p>\n\n\n\n

\"Couple<\/figure>\n\n\n\n

It Could Affect Your\nRelationship<\/h2>\n\n\n\n

The worst part about hiring a family member\nto be your real estate agent is the fact that it could sour your relationship.\nReal estate is a tricky game, and things can go awry at any moment. If your cousin\naccidentally misses a signature on a form or loses a deal unexpectedly, it can\ncause a lot of tension at family functions. That\u2019s why it\u2019s important to always\ngo with an expert in real estate whose sole purpose is to meet your needs. <\/p>\n\n\n\n

If you\u2019re looking for luxury homes in\nToronto or you are a first-time buyer for a small home in Toronto, call David\nMerenda with Merenda Real Estate Group. We can set you up with an agent that\nwill do everything within their power to help you buy or sell a home. Give us a\ncall today at 416-240-7653 to learn more about available properties in Toronto\nand surrounding areas! <\/p>\n","protected":false},"excerpt":{"rendered":"

If you\u2019re thinking about doing something big, such as buying a new home, it\u2019s common to turn to friends and family for help. For many people, their first call is to a family member who is a real estate agent. Even though this is common, it\u2019s not necessarily the best idea. There are quite a…<\/p>\n","protected":false},"author":1,"featured_media":2214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/merendarealestate.com\/index.php?rest_route=\/wp\/v2\/posts\/2211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/merendarealestate.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/merendarealestate.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/merendarealestate.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/merendarealestate.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2211"}],"version-history":[{"count":0,"href":"https:\/\/merendarealestate.com\/index.php?rest_route=\/wp\/v2\/posts\/2211\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/merendarealestate.com\/index.php?rest_route=\/wp\/v2\/media\/2214"}],"wp:attachment":[{"href":"https:\/\/merendarealestate.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/merendarealestate.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/merendarealestate.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}