By Cory Brewer
Having a buddy who is a handyman, or a friend of a friend who paints in their spare time, is great…but trying to save a quick buck or two now could cost you, your brokerage, and your client a lot more down the road.
When prepping a home for the market or making inspection repairs, thoughtful consideration must be given to those who are hired to do the work. Movers, stagers, plumbers — they all fall into this category.
One recent example from my brokerage where this comes into play: A vendor was brought in to do some cleanup work in a top-floor condo unit of a multi-story building. Oops…he stepped on and broke sprinkler pipe up in the attic/roof space and damaged not only the unit he was working on, but the two units below as the water leak went wild. The insurance claim reached six figures and involved multiple home owners. Our brokerage policy is to only use vendors who are properly insured…and this is exactly why. This particular vendor came forward and processed the claim through his insurance.
Hiring someone on the cheap may sound good at first – especially when on a budget – but the time and money it costs to fix something that wasn’t done right the first time can really add up. Scrutinize your vendors and make sure that they will stand behind their work. If anything goes awry, your clients will thank you for recommending the right people to work with.
Cory Brewer is a REALTOR® in the Seattle area and Operations Manager at Windermere Property Management / LGA in Bellevue. Connect with Cory at www.wpmnorthwest.com.
By Brooke Wolford
As a real estate agent, I sometimes feel as if it’s all about me. This is my business, my success, and my livelihood. For me, after several years I have tried to focus on my “team.” I have a terrific team of people who I work with.
My “team,” consists of a loan officer, closer, inspector, insurance agent, and handyman.
I try to bring this team to my clients. I do this because I know my team is the best at what they do. This will ultimately allow my clients to have the best experience ever.
My brokerage also has its own team. This is a great thing, however, it’s not necessarily the best thing for all of my clients.
In my closing days, I couldn’t understand why agents did not use the affiliated companies. In most cases, the agents did have a good outcome. But now that I am on the other side, and I see why it wasn’t always the best situation. Continue reading »