When it comes to selling your property, it's natural to turn to friends for help. However, relying on a friend as your real estate agent can be a risky endeavour. Here's why:
Firstly, while your friend may have good intentions, they might lack the necessary expertise and experience. Real estate transactions involve complex legalities, negotiations, and market knowledge. Without a professional background, your friend could inadvertently make costly mistakes.
Secondly, mixing business with friendship can strain relationships. Disagreements or misunderstandings during the selling process might lead to conflicts, potentially damaging your personal connection.
Furthermore, friends may not prioritize your sale as a professional agent would. They might not have the time or resources to dedicate themselves fully to your transaction, leading to delays or missed opportunities.
Lastly, if something goes wrong, the repercussions could extend beyond the transaction itself. Legal issues or financial losses could strain your friendship irreparably.
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