I Don't Mind Showing Property...But There's a Limit. If You're Not an Expert...Refer it Out.
Not everyone will agree with me, but in this business sometimes you have to take the chance and show a property (I'm not talking about showing 5 or 10 - just a couple) to a potential buyer you may not have relationship with in order to have an opportunity to establish one. Some you will build enough rapport to become their "go to" agent - ie: buyer's agent- and some you just won't win over. But such is life. It's part of this business.
Now in most cases, I don't have a problem showing property to a buyer I just met, whether it be from a floor call, a walk in, a lead from my broker, referral or the Internet. Worst case scenario - if they don't hire me to be their agent, I really haven't lost anything. At least I got to get out there and show a house I may have not seen before - which helps build market knowledge. I just met a potential buyer out in McKinleyville, which is about a 20 minute drive from my house in Eureka CA. I don't know if they'll choose me as their go to agent, but I'm willing to find out. I actually got to know them a bit and they're really cool people. So you never know.
However, there are certain circumstances where it just might be better to refer that potential client to another real estate agent. Especially if you live in an area where you could spend an entire day just driving to show one property. Out in Humboldt CA there are so many different cities and towns that when it gets down to physically showing certain property - I'll pass certain areas in Humboldt CA and refer those buyers to an agent who will be able to give them 100% attention, service and expertise that I cannot give them.
Especially if we're talking about seriously remote property. You know that kind that takes 2 hours to get to before you even reach that crazy dirt road your supposed to drive on for another half an hour. There are agents out there who've turned this into a niche. I'm more than happy to refer my potential buyers to those agents. So yes I may lose a chance to build a blossoming relationship, but this is really where I draw the line. I don't mind sending folks information about remote areas, but if they really decide remote is the way to go then it's time to hook them up with an agent who deals with remote properties on a regular basis.
Before sending a referral to another agent, I would do my best to qualify that buyer beforehand. I might also recommend the buyer come out on their own to explore Humboldt CA and all it has to offer - especially if they aren't locals - before starting their real estate search. Most people need to really get a feel for the areas they think they are interested in before they start looking to buy real estate. In most cases what they thought was a cool property rarely ends up being what they expected. It's a major commitment to show someone remote properties and I'm sure most of these niche agents require some added info from the buyer - like a pre-approval letter and so forth before taking them out.
So be honest with yourself. And yes...if you're not an expert, refer the business out.
Copyright 2009 Jessica Bigger. All Rights Reserved. *I Don't Mind Showing Property...But There's a Limit. If You're Not an Expert...Refer it Out*
If you're looking to buy or sell California Coast Real Estate I'd be happy to chat with you about your plans. Jessica Bigger 707-496-5770
Wow, you must work in one remote Northern California spot. I'm in the East Bay and our bane is traffic and gridlock, not distance and dirt roads.