Can you imagine saying “Sure, you can borrow my Ferrari” ?
My guess is that when it comes to your own Ferrari, you think twice before tossing the keys to a friend or family member so they can take it for a spin. My thoughts go to… I know you have a car – but this is not just any car. Do you know how to drive a manual transmission? Can you take off on a hill? Have you ever driven a car this powerful before? Are you an aggressive driver? Are you a careful driver?
The reason I chose this analogy is that Ferrari’s cost as much as houses in some cases and even minor accidents result in costly repairs. In the case of a Ferrari, the repair cost for even minor damage can make your head spin. In the case of a selling a house, a lack of skill and experience can cause accidents too. In either case, you hope for minor accidents if you have any. Real estate licenses are relatively easy to obtain so many people have them even though real estate is not their full-time profession. That means we all probably have friends with real estate licenses. That does not mean they need to be “driving” our real estate moves though. Especially since the road to selling a house today is getting more and more complicated. I am not talking about getting it under contract… I am talking about getting it closed. And, without costly and stress-ridden surprises.
Look at it this way: While all of us have friends with a real estate license, very few of us have friends who are Ferrari experts. When it comes time to sell your house, treat it like a Ferrari! Get it detailed. Get it inspected. Get it appraised. And then toss the keys to a Ferrari expert so they can go get you the most money possible for it. You will be glad you did!