When I first entered the real estate profession back in 1994 I was told that in order to survive in this business you must become a listing agent. You must go after the listing; a listing is like money in the bank.  So that is what all of us newbie's did, we went after the listing. Then one day I was asked to help out at a new construction development, which really meant "we need a warm body" to sit an open house.

Being the new agent that I was I felt honored that they wanted me to sit the open house. I had so much fun interacting with potential buyers that buyers became my new obsession.

I (gasp) became a buyer's agent! Sure I still listed homes and was successful at it but buyers were my passion, my obsession, my addiction. It was like being on a scavenger hunt or a treasure hunt when working with buyers.  We "hung out" on the weekends or on weekday evenings, hung out getting our fix of homes on the market. 

You don't spend that much time with sellers - buyers get to become part of your family. They know you and you know them. You know they like lemonade in their coke, you know they don't want pickles on a sandwich, you chat about neighborhoods and schools. 

Buyers are fun! 

In the State of Washington real estate professionals are bound by "The Law of Real Estate Agency". Please see section five  ::

"Duties of a Buyer's Agent." Prescribes the additional duties of a licensee representing the buyer or tenant only.

 DUTIES OF A BUYER'S AGENT.

(1) Unless additional duties are agreed to in writing

signed by a buyer's agent, the duties of a buyer's agent

are limited to those set forth in section 3 of this act

and the following, which may not be waived except

as expressly set forth in (e) of this subsection:

(a) To be loyal to the buyer by taking no action

that is adverse or detrimental to the buyer's interest

in a transaction;

(b) To timely disclose to the buyer any conflicts of

interest;

(c) To advise the buyer to seek expert advice on

matters relating to the transaction that are beyond

the agent's expertise;

(d) Not to disclose any confidential information

from or about the buyer, except under subpoena

or court order, even after termination of the agency

relationship; and

(e) Unless otherwise agreed to in writing after the

buyer's agent has complied with section 3(1)(f) of

this act, to make a good faith and continuous effort

to find a property for the buyer; except that a

buyer's agent is not obligated to:

(i) seek additional properties to purchase while

the buyer is a party to an existing contract to

purchase; or

(ii) show properties as to which there is no

written agreement to pay compensation to the

buyer's agent.

(2) (a) The showing of property in which a buyer is

interested to other prospective buyers by a buyer's

agent does not in and of itself breach the duty of

loyalty to the buyer or create a conflict of interest.

(b) The representation of more than one buyer by

different licensees affiliated with the same broker

in competing transactions involving the same

property does not in and of itself breach the duty of

loyalty to the buyers or create a conflict of interest.

 

 

In the current market buyers are gold!  All those real estate agents that wouldn't work with buyers before sure are working with them now. The reason is it's a BUYER'S MARKET here in Kitsap County!  You the buyer, the person in the driver's seat want to make sure you are working with a Buyer's Agent that is looking our for your best interest.

 

I want my buyers to be my best piece of marketing so I make sure that it is all about them - the buyer!  What better marketing plan can you have then lots and lots of buyers running around town telling all their friends about "their Buyer's Agent"! 

My buyers are my friends, they are my neighbors, they are my neighbor's friends and family and all receive total quality service from me. 

 



About the Author...

Jo began her real estate career back in 1994 and soon found out that she loved selling real estate and that she was really good at it! Lots of people sell real estate, but not everyone is good at it.  Jo brings to her clients the commitment to work hard and have fun along the way.  As Jo continues to learn the technology of today to be on the cutting edge of multimedia she takes pride in her ability to keep her trademark "old-fashioned" customer service alive.  If you are looking to sell or  purchase a home in Kitsap County call her office today.  You can also find out more about the area by visiting her blog www.WestSoundLive.com or her web sites www.HomeFrontRealtyOnline.com

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This post has been included in Washington Information Kitsap County, WA Information Bremerton, WA Information
Post is included in group: Puget Sound - WA Real Estate
Post is included in group: Posts to Localism

13 Comments on Buyer's Agents :: Who are they?

MAY
14
2008
424,813 Points 47 Featured Posts Outside Blog

Jo it is great to find your niche and know what part of the business you want to focus on most. I am just the opposite...I want to work with sellers. Working with a handful of buyers a year is just fine with me.

7:29am • #1
2 Featured Posts

Jo- Great post... and you're right buyers can be a lot of fun! They can be a bit challenging at times but they are always entertaining. Good luck to you in Bremerton. I'm sure you have many happy marketing pieces running around!

Best,

Scott

11:03am • #2
236,625 Points 11 Featured Posts Localism Sponsor Outside Blog Hit Router

Bill, sellers can be fun too - from reading your blog I can see where that is your expertise and that you enjoy it. :)

Scott, yes, entertaining is a good description :)

11:19am • #3
236,625 Points 11 Featured Posts Localism Sponsor Outside Blog Hit Router

Roberta, you are too funny! Nice newsletter this month :)

4:34pm • #5
4 Featured Posts

Nice post Jo.  I'm with you.  I'd much rather just be a buyer's agent.  I used to think listings were the name of the game but I've since come to the conclusion that listings can be much more hassle and are much more prone to get you into trouble.

I'd rather be the antagonist!

 

8:16pm • #6
236,625 Points 11 Featured Posts Localism Sponsor Outside Blog Hit Router

Fred, in today's market I am loving my buyers :)

8:18pm • #7
MAY
15
2008
104,160 Points 9 Featured Posts Outside Blog

You know as I'm sitting here reading your explanation on the personal experience/engagement that takes place when working with buyers, I'm reminded of the reasons I myself like working with buyers. I guess it's the relationships that motivate us to move forward and do what we do! I know it's what moves me...

3:51am • #8
236,625 Points 11 Featured Posts Localism Sponsor Outside Blog Hit Router

Ricardo, Yes, it is the relationships that we make that gives us the fulfillment anyone craves in a profession. Thanks for sharing!

12:24pm • #9
OCT
02
Outside Blog

I love buyers as well.

4:38pm • #11
Outside Blog

All depends on your tollerance to stress. I'm (I guess) a listing agent. but the few buyers that I do work with I become friends with and have a blast.

                     

4:50pm • #12
236,625 Points 11 Featured Posts Localism Sponsor Outside Blog Hit Router

Tammie, I do too!

Jason, The only stress I usually have is how to work them all in - seems like everyone wants to write at the same time.

6:08pm • #13
226,704 Points 22 Featured Posts Localism Sponsor Outside Blog

Buyers are loads of fun... and you're right, they do become part of the family. 

7:24pm • #14

This blog does not allow anonymous comments

 
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Jo Soss :: 360-990-1433 Kitsap County Real Estate

Bremerton, WA

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Skyline Properties, Inc. 360-990-1433

Address: Serving, Bremerton, WA, 98312

Office Phone: (360) 830-6195

Cell Phone: (360) 990-1433

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