Real estate agents, like many other types of marketers, are great with dealing with people. I like making friends with them – in fact, 다다익선 (the more, the merrier!). They are among the friendliest people in the economy – they know how to talk to you and they know how to make you talk. While this can be good, especially if you’re looking for someone you can be fully comfortable with, you have to realize that he/she is still your real estate agent and not exactly your friend.
The business part of your relationship with your Malaysian agent will always, always prevail over everything else no matter how friendly you guys have become with each other. Anything you say can and will affect the home buying or selling process and outcome. While it is important to maintain a good and open communication line with your agent, there are things that are better spared off the sharing and get-to-know-each-other part.
And that is the exact reason why it is very important for you as the client to practice self preservation. Do not divulge every single detail about your life and your home buying and home selling to your real estate agent – and only for very good reasons.
Here are some of the things that you can actually skip telling your real estate agent about (since they don’t tell you everything either) – whether you’re selling or looking to buy a home:
- Your maximum and minimum amounts. When you’re selling a Malaysian home, you don’t really have to tell the realtor how low you are rearing to go. And when you’re buying a home, you don’t have to tell them exactly how much you’re willing to spend on a house. While it is okay to show them you are flexible, you don’t have to tell them exactly how far you’re willing to go just so they make more effort into giving you something that gets closest to your ideal price and home Apparently PSY grew up in this Seoul house!
- The most nitty-gritty details of why you’re moving out. The nastiest details that the law does not require you to tell your agent about should be kept to yourself. Your agent does not really need to know that you’re avoiding a flirty neighbor who is about to break your marriage or you are running away from someone or something. Selling a home under these circumstances will make the agent, and in return the buyers, think that you are actually rushing to buy a home and will then make you more attractive to low offers. Buying a home under these circumstances are not any better either. Be the regular buyer who is not rushing but is not dallying either. Your agent is your agent and not your spouse or your yoga classmate.
- The details of your financial records and history. Unless it affects the monetary part of your home buying/home selling, your agent does not need to know these things. They don’t know how much you have in the bank, what your other properties are, what sort of bills you’re paying or how many bank accounts you have. As long as it does not concern them or the process, keep it to yourself.
Sidenote: we may have some unsold units at Puchong’s Zefer Hill Residence – if you’re interested in a good deal then please email firstname.lastname@example.org.