Recently some good friends of mine decided to buy a home.
Such good friends, in fact, that we mutually agreed to keep business and friendship apart so as to not create any problems on either end. So they didn’t use my services. Instead, they first used a “discount” agent affiliated with a large, local real estate brokerage, before finally landing on a “traditional” agent.
It ended up being a great opportunity for me as well to learn more about the process through their eyes. One thing that they mentioned, in particular, caught my attention. On more than one occasion, they expressed a degree of concern to their agent about the volume of documents that were apparently required. Being prudent and sophisticated folks, they wondered what all of this “paperwork” really meant, why it was necessary, and how it related to their interests in the transaction. The response? ”Don’t worry, it’s just paperwork.” Well, it may be “paperwork,” but that doesn’t mean a buyer shouldn’t worry.
More >