When the Realtor REALLY IS a “Neighborhood Expert”
In finance, “eating your own cooking” means that the investment advisor has their own money in the same kinds of investments that they recommend to their clients.
So, what’s the Realtor definition of “eating your own cooking?”
Here’s mine: a Buyer’s agent who recommends a neighborhood or condo building because they live there.
(Very) Local Knowledge
Except that — at least in my opinion — savvy agents shouldn’t prematurely volunteer that info, because their client’s taste(s), budget, preferred geographic area(s), etc. may differ from theirs.
But, once the client is already considering a given property, is the Realtor more credible talking about the specific neighborhood or building — plus nearby schools, shopping, parks, and other amenities — because they live there?
As the locals say, “You Betcha!”