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Don't Allow The Tail To Wag The Dog!!!

Reblogger C. Lloyd McKenzie
Real Estate Broker/Owner with Living Albuquerque 16784

Are you wasting your time with procrastinators?  Are you taking around prospective buyers who refuse to sign your Buyer-Broker Agreement?  This post below is one rthat every practicing Realtor should pay attention to. And a Reminder that You should not work for free

Original content by Barbara Todaro 104763

I just read a post by Scott Godzyk titled “Stop scaring away the buyers” and I thought I’d share my opinion on this topic.   It’s been many years since I’ve sold a home, but I remember exactly what needs to be done!!!

If a real estate agent is worried about scaring away a buyer because the agent needs to ask about financial information, there’s a problem.  The problem is that “the tail is going to wag the dog” if there is ever going to be a transaction. 

The buyer needs to take direction from the agent.  The agent must not be worried that the buyer will seek the services of another agent because a pre-approval letter needs to be in hand. 

If the buyer is dictating how the program will proceed, the agent has lost control.  If the buyer wants to see property and does not know what he/she qualifies for, the agent is wasting time and money.  If the buyer is calling the shots, there will never be a commission check at the end of that road.  There will only be time and money wasted.

Agents must have enough confidence in their ability to work in this business to require the potential client to fulfill requirements before the work begins.  This is not a game.  It’s a business.  The business owner calls the shots, and the potential client will have respect for that business owner for giving the proper guidance.  The tail cannot wag the dog.


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C. Lloyd McKenzie, MBA

NM Real Estate Broker

Phone: (505)750-8552
Email:Lloyd@LivingAlbuquerque.com

Areas Served: Albuquerque Metro/ Algodones/ Bernalillo/ Cedar Crest/ Corrales/ Edgewood/ Los Lunas/ Los Ranchos de Albuquerque/ Placitas/ Rio Rancho/ Sandia Park/ Tijeras

Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Thank you for the reblog.... I appreciate it....

Aug 18, 2012 06:42 AM
Amada Slade
Island Realty of the Lowcountry - Beaufort, SC

Guilty as charged.  But I am learning much from all these great posts.  Thanks for re-posting.

Aug 18, 2012 06:47 AM