As large as the real estate industry is, in reality we deal in our smaller, local communities as we conduct business on a day to day basis. We're dealing with customers and clients, and we always have to remember, we're dealing with other agents as well. Agents who we'll be dealing with for a long time...hopefully.
The other day I was contacted by someone who wanted to see a few rentals. She knew what she wanted to see and they were all grouped pretty close, and in the same price range. She had to get something, and get it quickly. I agreed to meet her at the first rental and go from there. Oh yeah, the ever present question was asked..."are you working with an agent?" The answer was the obligatory, "no."
As I expected, we blew through the rentals pretty quickly and went back to the office to fill out an application. The first house already had an application pending so I recommended their second choice as a suitable replacement. There was some uncomfortable eye contact between her and her husband that gave me pause. As it turns out, they already filled out an application with that listing agent on that property. So much for not working with an agent.
Since they weren't a lock on that rental, they wanted to submit another application on choice three. Absolutely, but not with Rich. Since they weren't exactly candid with me about working with another agent, how was I to know what exclusive agreements they might have signed? I gladly gave them directions back to the other agent's office.
I don't find myself in these ethical dilemmas often, but when they happen, I always err on the side of caution.
I plan on working in real estate in the Crofton, MD area for several more years.
No short term transaction is worth getting a long term reputation for questionable behavior with your peers.
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