Many buyers do not understand what a Realtors business entails. A simple analogy of this may help the average buyer understand why I must decline an offer to be one of many Realtors to work for them in a simultaneous fashion.  Take a moment and think about what you do for a living. Really it does not matter what you do. Just imagine that you are ready to work and someone comes to you and says, "Hey I have two or three other people who are also going to do the same job. I want you to show up everyday, give it your all and then whoever finishes the job first is the one who will get paid."

What would you say? Would you agree to come to work each day in hopes of a pay day? You have to also factor in that you are going to spend hours on this job everyday and must pay for gas to get to work, utilize time to do the job, possibly pay for supplies and then not only is it a possibility that you won't get paid but that you will have expenses that you will not be reimbursed for either.  In essence, it costs you to go to work everyday and you have no guarantee that you will ever get paid.
Hmmm...does this sound like a job you're ready to jump at? Have you ever watched a hamster on a wheel? They run and run with no place to go and eventually stop running at all. That is pretty much what happens when a home buyer  wants to hedge their bets by utilizing several Realtors at once. I don't think I make a very good hamster on the wheel.

For me, it is a matter of evaluating what helps me serve my clients best and what makes the most business sense. I am better able to serve a smaller group of committed individuals who are equally committed to building a business relationship with me than I am able to enter a lotto pool for several non-committed individuals and pray that my lucky number hits. Once we establish what goals the clients are looking to achieve and the fact that I am equipped and ready to assist them, then a joint agreement is entered that we will work to achieve the desired goal together. Giving 120% to clients is a joy when there is a mutual commitment. Oh and just to be clear, I still may also work with committed individuals and never get paid. Why? Because I am only paid if my clients actually buy or sell a home. There are times when for numerous reasons this just doesn't happen. This is a known risk of the business. So you see, a Realtor such as myself, already must factor in a percentage of expenditures that are not reimbursed.  But running on the hamster's wheel indefinitely just doesn't interest me nor does it serve the better interest of my clients at large. 

Keisha Hosea is a local Market Expert and Chino Hills Realtor with Keller Williams Realty. She is the Team Director and CEO of KASI Homes. Keisha Hosea and the KASI Homes team offer help to home buyers and home sellers in the Inland Empire, including Chino Hills homes, Fontana homes, Diamond Bar homes, Chino homes, Ontario homes, Corona homes. With a Master of Arts Degree in Marriage, Family and Child Counseling, Keisha has worked extensively with families in transition such as divorcing couples selling homes and probate real estate. KASI Homes is the place where you find Real Estate Solutions for Real People. Whether you are in need of selling your home with a short sale or are interested in buying short sales or foreclosure homes, we can help. For more information call 1-877-534-7421. Visit the website at http://KASIHomes.com
 
Disclaimer-All information contained herein is deemed reliable but not guaranteed. You are advised to consult a reputable attorney for all legal advice or a reputable tax advisor. 
 
 

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2 Comments on When A Home Buyer Asks Me To Be One of Many Realtors To Show Them Homes, I Am Afraid I Must Decline The Offer

DEC
03
2011
948,361 Points 8 Featured Posts Outside Blog Called Shot Master

Excellent post...could be included in every buyer info package.    You're right...most people have no idea what we do.   This needs to be a featured post.
11:03am • #1
344,966 Points 8 Featured Posts Localism Sponsor

Li, I never thought about including it in a buyer info package but you have quite an idea there. Thanks for reading!
11:09am • #2

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