|
Find OH real estate agents and Mason real estate on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2013 ActiveRain Corp. All Rights Reserved
86 Comments on Before We Show You Our Listing, There's Something You Need to Understand!
Roger, Ilene has been very kind to us :)
Janet, Buyers are buyers. We might have some different rules state to state, but they all want the same thing, just don't always know the best way about how to get it.
Dan, Hard to understand isn't it? Like we've got a different list price if it's just "tween us friends!" :)
Jeff, True! If not interested in the house and writing an offer, who cares? Basically answering that question with anything other than some sort of vague, vanilla response other than "personal reasons" just gives leverage to the buyer, and we're NOT going to do that.
Brenda, And even worked in four pictures and links to four of our listings so we can get more direct calls to show our listings! :)
Peter & Linda, Feel free to adapt as you need to :)
BLIZ,
Awesome post, I just re-blogged. Buyers - KNOW what you are looking for and don't skip any steps. If you have an agent, let them show you the property!
All the best, Michelle
Sara, I think in general it's the seller that would benefit the most from dual agency vs. the buyer. If nothing else, at least there aren't two agents with conflicting personalities adding to the stress of the deal (not that we do, but it's a lot harder to get torqued at yourself when you're repping both sides!).
Michelle, Thanks for the reblog :) If I were paying someone to help me find and purchase a home, I'd expect them to be working for it, not just getting a gift wrapped check later.
Great post Liz and Bill. This post hits home for so many agents right now. The worst thing I see is the buyer thinking they can reduce the commission if they go directly to the listing agent......not happening!
Kay, They think they can demand because all the consumer mags tell them to. Sometimes it might work, so they'll keep trying.
Great explanation on what so many buyers don't understand. Buyer must understand the full implications of their actions.
Rodney, If they fully understand and then still choose to go without their own rep, well they're big boys and girls and can make that choice. Not what we'd advice, but their choice none the less.
Buyers somehow think they will benefit by not having an agent. They don't know that the commission has already been negotiated with the seller. If they don't have an agent, the listing agent gets the buyer's side. It's that simple.
Love your post. Buyers really do not take the agency thing seriously. Most of the time they just want a better "deal" or have worked out a better deal with their "agent" so that they don't bother him or her until they have found a home. In any event, you've made some very good points, and I may just start asking people that question when they call to see one of my listings.
This is excellent information for all buyers to understand. Good Work.
We Realtors have aided and abetted the idea that by dealing directly with the Listing Agent, unrepresented, the price can be reduced at least by the amount of the commission to the cooperating selling agent. That's not what the listing agreement typically says.
Wonderful post and information. Love: Hit it and you get the home, come up short and you'll still be looking.
Tammie, Isn't it funny how they think they can lay claim to it? That negotiation was with the seller, and the buyer really shouldn't have any say in it.
Buki, And I guess if that's how they and their agent want to work it, good luck to them. Personally find that strategy pretty risky if I'm the buyer's agent. We had someone not too long ago that came to us direct and said if we didn't reduce to just 1% on the buy side of the double they'd go get an agent who would (and they had one to do it). Bottom line, the same folks that try that also don't offer enough to get the home, so their loss. Their agent just couldn't get that our sellers wouldn't accept their offer, but there was another 10k to be made for our sellers. Hot property :)
Lloyd, It happens enough that they've got to try. Just like most of the questions asked regarding the sellers and why they're moving, etc. that get answered when they shouldn't.
Kathleen, It's the heart of negotiating. You've got a top line, I've got a bottom line. If there isn't overlap, it's all just some futile dance that we'll both be leaving.
Terrific post.
Linda, Glad you liked it!
Outstanding post and well deserving of Feature status.
Wayne, Thanks! It's been one of our more popular. 7 reblogs so far :)
I certainly will repeat the same words of most "great post" I think this discussion is one that will always be at the front of the line. The basics of real estate, especially disclosure!
Ed, And it came up again today. Someone called to see a listing. Turns out she's getting ready to put her home on the market, so she DOES have her own agent. Just didn't know how things work :) Of course we'd have shown the listing, but she is going to have her own agent do it now. Works best all the way around.
Karen, No argument here. If we're out of town on vacation, we'll get someone else in the office to show our buyers and prospects. It may cost us dollars to do so, but we'll take care of those working with us however we need to.
Login or register to leave a comment