On Facebook, Twitter, Snapchat, Instagram, or wherever you are active on social media, sharing too much is never a good idea. Especially when you are selling or buying a house, sharing what is happening can be very detrimental to your transaction.
“Got a great offer, would have taken much less”. “Have done a lot of work without permits, hope the buyer never notices”. “We are so happy that we got this house, would have paid so much more”.Social Media
These are all quotes from Facebook. Why would somebody think it is a good idea to share, before closing, that you would have paid more for the house? When this buyer is going back for repairs, guess what a seller, finding this quote, will do. Give them what they want? Probably not.
In Seller’s Property Disclosures a seller is obliged to tell the truth. Not doing that and then announcing that on Facebook…what can I say?
In this day and age we are used to sharing information a lot more than even 15 years ago and the audience has changed significantly from the personal circle of friends you just talked to before. It is so easy to just write and hit “post”. The number of “friends” that reads (and shares..) is now so much bigger and so much more consequential.
Selling your house because you got a new job and need to move asap? Want to buy a new one and need the old one to sell pronto? Urgently need to buy a single level because your ailing parents are moving in with you and cannot do stairs?
If your future buyer or seller reads this on FB your negotiation position has just gotten so much worse. So many people do not have their privacy settings under control and the world can read their antics. Even with great privacy settings, nobody can avoid that a “friend” shares and so what you thought is told to just a small circle is now open to the world and you can never retrieve it. We can now find out so many things about anybody that it is a miracle that not more transactions are lopsided. Pretty much every time people are curious they will “google” that other person. What will they find out about you?
So have your profile, your sharing, your information, your bio, your photos (!) under control and check them regularly. Once you want to buy or sell it will put you in a much better position.
Happy buying and selling