the dawn difference

head_left_image

Buyers and Sellers Beware Your Use of Social Media

To all my clients, friends and family who are enjoying social media: Please read and take heed of the ways you may need to protect yourself while in the process of buying or selling a property. Definitely a valuable piece of advice from BLiz!

InvestigatingBuyers and Sellers Beware Your Use of Social Media

Facebook, LinkedIn, Twitter and a host of other platforms have connected us in ways our parents would have never dreamed of!  Immediate connections and sharing of information, and maybe some info we'd just as soon NOT know!

But in all that sharing of information, you need to consider that it's just not your friends who might be looking, especially if you're in the midst of buying or selling a home!  Depending on your privacy settings, you might be sharing information that will actually harm your negotiating position. As agents, we're always mindful that our social output affects both ourselves and potentially our clients.

If you're a seller, your name is EASY to find on public records searches, and depending on whether the residential property disclosures are online with the home, the buyers won't have to look far.

And it's easy for the buyers to check LinkedIn, Spokeo.com, Facebook, etc. to look for leverage.  Hmm....you DID work for Company X who just announced 500 people being laid off?  Facebook status update about how excited you are to move to San Antonio?  Perhaps a court search indicates that a divorce is imminent?  Obviously some of these things you CAN'T control, but it's a small world and getting smaller fast.  You never know when one of your 237 Facebook friends may also be friends with your prospective buyer and tipping them off to what's going on with you!

And the buyer, well they get the benefit of a little more privacy UNTIL the offer is written.  And unless their name is along the lines of John Smith, the seller can now check them out in the same way....we know it happens, because during a recent deal our seller knew the buyer's occupation and where they were moving from.

So if you're looking to buy or sell a home, you might want to self-censor your social media involvement until you're through the process.  Your real friends will understand!

You just never know who's reading!

Serving Warren County's residential real estate needs,
Liz and Bill aka BLiz

The Liz Spear Team
Elizabeth & William Spear
RE/MAX Elite
Two locations: Lebanon & Mason, OH
Office direct: 513-248-3660
Liz direct:  513-265-3004
Fax: 866-302-8418
      EHO

MailTo: Liz@LizSpear.com  Visit: http://www.LizTour.com

 

 

 

Buttons created at www.ButtonGenerator.com


Follow us on Social Media:

Facebook

twitter

YouTube

 

 

 

 

Social Media buttons courtesy of http://www.chethstudios.net

OUR SERVICE AREA:

Liz Spear Team Service Area

Google Map Attribute

 

 

Dawn Maloney, REALTOR®,  Luxury Home Marketing  RE/MAX Haven Realty

Direct:  (330) 990-4236         Email: dawn@dawnsold.com

Helping home buyers and sellers in Summit, Portage, Stark, Medina, Wayne, Lake, Geauga and Cuyahoga Counties since 2003.

All content ©2006-2014 by Dawn Maloney, REALTOR® unless otherwise noted.

 

 

Comment balloon 7 commentsDawn Maloney • April 18 2011 10:40AM
Buyers and Sellers Beware Your Use of Social Media
share
To all my clients, friends and family who are enjoying social media: Please read and take heed of the ways you may need to protect yourself while in the process of buying or selling a property. Definitely a valuable piece of advice from BLiz! Buyers… more
But They Told Me the Short Sale Was Already Approved!
share
My friend Renee, the Shack Diva, sheds some light on this aspect of short sales. The only thing that is "short" in a short sale, is the payoff to the bank. If you have questions about short sales and how they work, please call me to… more
"SUDDENLY, LAST SUNDAY"… That Is When The Big News Broke!
share
Thanks to Paula Hathaway for providing this link and summary of the robo-signing scandal. I don't know if you remember, but last year, when this broke, the banks "investigated" and in two weeks decided that everything was just fine. I pray… more