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Are YOU an expert Pipe Watcher? ? Who are Your Resources?

ARE YOU an expert  mechanic? attorney? tax adviser? ....No?
Neither am I...and if I said I were, you would tell me I had my head in the clouds

 REALTORS©can do many things...and we do provide so many services whether what we do is apparent, or behind the scenes ....

 

but offering professional advice on subjects outside our universe of discourse is a No-No!

Example: As much as I would like to be helpful when it comes to 1031s,  I'm sure no Qualified Intermediary.  Not long ago a client wanted me to provide 1031 consulting and tax advice. I told him...

" I 'd like to be helpful !
I can be your 'Resource" for the  'RESOURCES' "...  

Over the years, most of us meet professionals in real estate related fields... our "Resources" ...

At our eco-friendly real estate firm  here in Asheville, when referring clients to"green" and/or professional resources, our policy is to refer at least three(3) individuals . We simply act as the "Resource for the Resources"...three attorneys, three appraisers, three home inspectors...

By doing this, we provide at the same time, the opportunity for our clients personally to make choices... thus avoiding  unwanted consequences should we be tempted to have our heads so high in the sky.

How often do you catch yourself wanting to be helpful, and forgetting  how much you don't know about other people's areas of expertise?  Certainly, real estate agents are NOT experts in the fields that relate to ours (nor do we claim expertise.

Example: Knowing the status of various systems of a home. We leave that to a home inspector, whose insurance will cover errors he (not we) might make. So,  even when we've been around many homes and sat in on many inspections, we happily refer and defer to the experts. Right? Well let me tell you a story. In the winter of 2007, one of our junior associates had a request from his client. She would not be able to move into her 1903 restored bungalow here in Asheville until the summer. That winter, she asked for a tiny favor from our associate. "Please watch over the pipes at my little home to make sure they don't leak or freeze, Honey," she smiled. 

Now what do you think our Pipe Watcher candidate replied? Is this service  one you would refer to an expert?

Check out this list of experts and let me know what you think!

*     Property Mangers     

*       Loan officers

*       Mortgage originators

*       Home Inspectors

*       Appraisers

*       Title Companies

*       Escrow Companies

*       Real Estate Attorneys

*       Real Estate Auctioneers

*       GREEN Single family builders

*       GREEN Multifamily builders

*       GREEN Remodelers

*       ECO Developers

*       Environmentally-sensitive Land planners

*       Eco-savvy Architects and designers

*       Home Energy raters

*       Eco-friendly Product manufacturers and suppliers

*       GREEN Home Stagers

*       Mortgage Processors

*       Builder-Contractors

*       Notaries

*       Environmental Services

*        Financial Planners

*       Insurance Broker or Agents

  • 1031 Qualified Intermediaries

Added from pals here at AR:

surveyors

renewable energy consultants

well drillers and dowsers

 solar installers, plumbers, electricians, HVAC folks

THANKS to you all....and Who did I forget??? any more???

 

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 Email me janeAnne@janeAnne.com  or give a call at: 828-776-0779

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Comments

That is a great reminder janeAnne...I cringe everytime I hear a fellow Realtor make a representation about something that is definately not in their area!

I guess the property manager should handle the pipes but I have to admit...I probably would have done it!

Posted by Joan Mirantz, Realtor, GRI, CBR, SRES - Concord New Hampshire (Homequest Real Estate) over 10 years ago
HI JaneAnne - You have a great list of referral sources and it is no wonder your clients turn to you for advice first! With all those folks to choose from there should be no question left unanswered!! We all should work on a similar list if we don't have one already!
Posted by Mary McGraw, 2015: Solar Energy Is Still A Simple Machine! (GLREA) over 10 years ago
Thanks for the tip. I will try to make a list. I am always  careful when I refer someone.
Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) over 10 years ago

Joni~ 

I cringe, too. As the Broker-in-Charge, I can only imagine what the consequences could have been hadthat junior associate, with all the best intentions,  volunteered to help out and then, been blamed when the pipes burst . . .

Posted by . 4Terra Land Brokers .. 828-776-0779 Asheville NC, What's Most Important to YOU? Call(828)-776-0779 ( REAL ESTATE RESOURCES & NETWORK ) over 10 years ago

Mary~ 

I'm always on the look-out for professional referrals. I like to interview the people I place on my referral list, and ask for references. Over the years, I have found excellent resources, while a few have surprised me when they turned out NOT to be what I hoped they were.

Posted by . 4Terra Land Brokers .. 828-776-0779 Asheville NC, What's Most Important to YOU? Call(828)-776-0779 ( REAL ESTATE RESOURCES & NETWORK ) over 10 years ago

Gita~

 

Good thing to be careful. I'm always asking my colleagues who they find responsible and professional. Many times, we invite potential resources to come speak with us at staff meetings. We have fond that's a good way to "interview" them...

Posted by . 4Terra Land Brokers .. 828-776-0779 Asheville NC, What's Most Important to YOU? Call(828)-776-0779 ( REAL ESTATE RESOURCES & NETWORK ) over 10 years ago

Hi janeAnne, 

I think watching over the pipes may be one that I would refer out to someone that does weatherization or something.  We don't have that problem down here.  :)

I have a long list of resources as well including architects, solar installers, plumbers, electricians, HVAC folks, etc.  It is a huge list but giving out 3 names (atleast:) I think is important. 

OH, how about surveyors...

Posted by Stephanie Edwards-Musa, knitwit at thred UP (thredUP.com) over 10 years ago

Hi janeAnne - wow, what an impressive list!  I need to write mine down like you did and make sure I have all those categories covered.

I would have been the source for the resource for that nice lady who didn't want her pipes to freeze.  I've used that saying, 'the source for the resource' many times, especially of late when I seem to repeatedly get asked certain things that I won't give opinions or info on - outside my area of expertise.

Great reminder for us to stick to what we expertly know!

Ann

Posted by Ann Cummings, Portsmouth NH Real Estate Preferrable Agent (RE/MAX Shoreline - NH and Maine) over 10 years ago

Janeanne:

Great list! How about well drillers and dowsers?

Posted by Bill Westel, ECO (Eco-Steward Realty) over 10 years ago

Stephanie~

 I've added surveyors and totally agree that it is so important to refer three (3) experts/consultants...that way our clients can get a sense of which of the three could best meet their needs. We are all different and so it's important to have that choice...

Posted by . 4Terra Land Brokers .. 828-776-0779 Asheville NC, What's Most Important to YOU? Call(828)-776-0779 ( REAL ESTATE RESOURCES & NETWORK ) over 10 years ago

Ann~

Stephanie suggested adding..."architects, solar installers, plumbers, electricians, HVAC folks..." I am sure there are a dozen more we could add...I'd love to have a brochure listing references and resources to hand out to my clients at the same time I provide the Professional Services Document...how about you?

Posted by . 4Terra Land Brokers .. 828-776-0779 Asheville NC, What's Most Important to YOU? Call(828)-776-0779 ( REAL ESTATE RESOURCES & NETWORK ) over 10 years ago

Bill~ 

Good eye! I'm adding well drillers and dowsers. I am wondering if you could give me/us a little hint about how to find three dowsers, how to tell if they know what they are doing and  what they do??

Posted by . 4Terra Land Brokers .. 828-776-0779 Asheville NC, What's Most Important to YOU? Call(828)-776-0779 ( REAL ESTATE RESOURCES & NETWORK ) over 10 years ago

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