This episode is about making sure you’re doing things the right way.
On a recent trip, I booked a car with Turo. I think it was a 2021 Lincoln MKZ. Have you guys ever driven a new car or a very nice car that wasn’t yours? You’re super cautious, checking the brakes . . . I was double- and triple- and quadruple-checking everything.
The longer you’re in a car, the more comfortable you get. A few days into the trip, I was going a little faster, having a little more fun with it, enjoying the car. I sort of got comfortable.
Many Realtors get comfortable not with a car but with their real estate business. They’re not double-checking things, not triple-checking things. They’re making mistakes. I can’t tell you how many times in my real estate business I’ve seen paperwork that was not filled out properly.
It’s a huge liability to not do stuff correctly. Make sure you’re following the real estate rules and regulations. Explain paperwork to your clients. I’ve seen it happen much where people are not careful about this.
My encouragement to you with this episode is be that person driving the new car. Protect your client’s best interest and make sure that you’re not making mistakes that you’ll be liable for. I hope that you can think about this in your real estate business and do a better job of overcommunicating, making sure your clients know the risk of waiving inspections or appraisals or covering appraisal gaps, and be cautious in your business just as you are with that new car.
Podcast edited by Kenny Carfagno
John Schuchman is a licensed REALTOR® in Lancaster, PA, with Berkshire Hathaway HomeServices Homesale Realty and a part of the Andrew Welk Group. The opinions shared on this show represent the opinions & values of John Schuchman and do not necessarily represent the opinions & values of Berkshire Hathaway HomeServices Homesale Realty. The opinions & ideas shared in this podcast do not guarantee or promise any results of success to the listener.