How much is an expert to you?
This week I want to tell you a personal story where a so called “expert” almost cost me $25,000! To give you the full story I’m going to have to give you some background.
This past year has marked my wife and I’s 26th wedding anniversary. The two of us bought a five acre property with a nice house back when our three kids were still young and spent twenty years growing and making the place our own.
Now that our youngest is eighteen and we’re getting older, my wife and I decided to take advantage of the current housing marking by placing our house for sale.
When it came around to finding an agent to work with, I decided to go with a someone whose marketing had captured my interest.
Years ago, I received a flyer in the mail from a business claimed they were the "Rule Property Specialists."
Their niche marketing really caught my attention, so much so that I held onto their flyer for years in case I'd ever need a realtor again.
After interviewing the agent and checking references everything seemed like a good fit so we went ahead and signed with one of their realtors and began the process of listing it.
We had discussed a listing price and proceeded based on his advice because after all, he's the expert and this is his domain.
His half of the commission of the sale was going to be in the $20,000 range!
Not a bad rate at all. Right
So we scheduled to have a professional photographer come out and shoot the house for the online listing. Me, my wife and my son spent three days getting the house and property spotless for Tuesdays photoshoot.
When Tuesday comes along the photographer NEVER shows up and any of my attempts to reach my realtor are met with no response.
At this point I'm fuming and realize this is a major red flag that maybe this isn't the right expert to go with.
When I finally get a hold of him hours later he takes no responsibility and blamed the entire thing on the photographers.
To make a long story short we ended up firing him and hiring someone who was an actual expert.
Now here's two important business lessons that I took away from this and want to share with you:
Number one: Do your research, don't just look at google reviews talk to people and ask former clients about their experience. Do your homework!
Number two: It's okay to cut things off things go south. At the end of the day it's business, not personal.
You want the expert who is going to provide the most value you for you. If you're up front but respectful about your expectations you have no reason to feel guilty.
Trust your intuition and if things don't feel right!
In This Episode you'll hear:
- My personal story hiring the wrong expert
- Two Business lessons I learned from this
-How to spot "red flag" when hiring