Why Do We Call It a Relationship When It Only Lasts Until Closing?

Why Do We Call It a Relationship When It Only Lasts Until Closing?

New to Real Estate · Miami, FL · Member since 2024 · 1k+ posts · 475 votes

I've made more lifelong friends in real estate than I can count. Most of them lasted about three weeks.

We were partners. We were building something together. We believed in long-term relationships, mutual trust, and creating opportunities for years to come. Then the deal closed. I haven't heard from some of my lifelong friends since 2019. Perhaps they're all very busy maintaining our relationship.

There's something fascinating about how casually we use the word relationship in this business. Relationship lending. Relationship banking. Trusted partners. Building lasting connections. A borrower calls me his friend because I found him financing. A broker tells me we're going to do great things together. Somebody I've spoken to twice announces that we're practically family. Wonderful. I didn't realize I had so many relatives. Then the commission clears, the loan funds, and everybody goes back to being strangers.

Now, I don't think there's anything wrong with that. A business transaction doesn't have to become a friendship. If I help someone obtain financing, deliver what I promised, and get paid fairly, we've both fulfilled our obligations. Nobody owes anybody Christmas cards. But why pretend otherwise?

Trust and friendship aren't the same thing. I can trust a contractor to do excellent work without inviting him to Thanksgiving. I can have a productive relationship with a broker I don't particularly like. And I can genuinely enjoy someone's company while knowing I'd never lend him a dollar.

Of course, real business relationships do exist. Some people keep their word when there's no immediate profit in doing so. They return calls when they don't need anything. They remember you when the next opportunity comes along. Those are the relationships worth keeping.

But here's the uncomfortable part. I'm in lending. I use the language of relationships myself. I tell people I want to build long-term partnerships, and I mean it. At least, I think I do. But how often do I call somebody just to see how they're doing, when there's no deal to discuss?

Maybe we've confused being good at networking with being good at relationships. And maybe there's nothing wrong with a perfectly honest, mutually beneficial transaction that ends when the paperwork is signed.

So here's my question. Wouldn't business be a little more honest if we stopped calling every customer a friend and every completed transaction the beginning of a beautiful relationship? Or is that just what we call salesmanship when we're trying to make it sound romantic?

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  • Kerry Noble JrPro Member
    Investor · Indianapolis, IN · Member since 2018 · 2k+ posts · 1k+ votes
    1d

    because of this i make it a point to not go too far along in a year without reaching back to my old business connections and seeing how i can add value to them. Ive been slacking because i was on an assignment since march but im going to do it today.

  • Realtor · Memphis, Shelby County · Member since 2026 · 165 posts · 54 votes
    1d

    I think the difference is that trust and friendship are not the same thing, and a good transaction does not have to pretend to be both. A client can trust me to be honest, prepared, and responsive without us becoming close friends, and that trust is still real. Where I think the word relationship earns its meaning is after closing. A brief check-in after the move, remembering what mattered to that buyer or seller, and being available when the next question comes up is very different from a generic sales message. It does not have to be frequent or forced. It just has to be useful, honest, and without pressure, so the next call feels welcome rather than like another pitch.

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