IF YOU FOUND OUT THAT ONE OF YOUR BUYERS HAD CONTACTED ANOTHER AGENT TO SEE A PROPERTY, WOULD YOU SPEAK WITH THE BUYER, OR THE AGENT??
A couple of days ago, I received an e-mail inquiry from my web site. It was about 6:00 a.m. when I read the consumer's e-mail so I answered her thanking her for contacting us and that _______, would be contacting her that day to arrange a showing. Her mail included her name, phone number, e-mail address, listing number of the property she wished to see and a message that she would appreciate a tour of that property. Looked like a good lead in the $700K price range. I sent it to a very experienced broker who knows properties in the area of interest.
I didn't think any more about it until the next morning when the message below was on my voice mail.
"Ms. Harley, my name is ______, I'm an agent with ______________ in _____________. We have a customer by the name of _______. I understand that she contacted your office about seeing a listing in _____________". We have a Buyer's Agency Agreement with her. This is to advise you that __________ of our office will be writing a contract for the buyer. Please do not contact her again. * * * *.
"Not a problem", said I, to myself. I have no interest in even communicating with a prospective buyer who has a relationship with another REALTOR. But, something was disquieting about the call.
- Why would an agent call another agent to discuss a consumer?
- Why would a consumer with a signed Buyers Agency Agreement contact another agent to tour a property?
- How do I know that there IS a BA Agreement?
- How do I know that the "agreement" doesn't end shortly and the buyer is looking for another agent?
- How do I know that the buyer is not dissatisfied with her present agent and is shopping for another broker?
So many questions. I have discussed this matter with a several experienced brokers and their opinion is the same. The agent was out of order contacting me. If the consumer wanted to see the property with another agent, they are free to do so, assuming an agent would do so. Once I know that there is a relationship with another agent, I do not (1) show property, (2) refer buyers and drop them from my IDX listing update database.
However, I want to hear from the buyer that there is a relationship. As it turned out, the broker to whom I referred the buyer spoke with her and determined that she had been working with another agent. He advised her to contact her agent to view the property. That would have been the end of it had I not received the phone message from the agent.
Seems to me that if there were a current Buyers Agency Agreement in place, the agent would have counselled the buyer to
- Contact him, her agent, if she found a property she wished to tour.
- Don't go to Open Houses without her agent or letting the agent make the arrangements with the listing agent.
- Don't contact other agents or brokers about properties, contact your own agent.
Seems also that the agent would enter their buyer in their own IDX system so the buyer wouldn't be getting daily updates from another agent or broker. I've deleted the buyer from my IDX update system so she won't be tempted to contact me again.
IF YOU FOUND OUT THAT ONE OF YOUR BUYER/CLIENTS HAD CONTACTED ANOTHER AGENT TO SEE A PROPERTY, WOULD YOU SPEAK WITH THE BUYER, OR THE AGENT??
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