How many times have we spent days and sometimes weekends with buyers only to find out they have no intention of using us as their real estate agent. This is so infuriating! These type of buyers have no clue about loyalty and think that our time is worth nothing. Moving VanRecently, I spent my whole weekend with buyers relocating from the east coast, showing them Boulder Real Estate and the area, giving them a good sampling of the Boulder Real Estate market. Since February, I faithfully continued to monitor new listings that came up that met their criteria, keeping in touch and at times even previewing some homes that I felt were perfect for them. I also put them in touch with a very good lender as well. Then it happened.More...More...

It's the phone call or email we all dread getting. First it was a phone call from my lender asking me for the address of the home the couple was submitting an offer on. I said to the lender, " What offer" and he apologized profusely since he automatically assumed I was the real estate agent submitting the offer. Well guess what? Another agent had submitted an offer on their behalf but they were using my lender, the nerve of these people!

Then I get the email from these buyers telling me they were under/contract for a home in Boulder, Co.; was I suppose to rejoice and be happy for them? They politely told me that if things didn't work out, they would call me. Oh boy, I can't wait for them to call and use me again and not get paid for my time.

Truth

Why are buyers so disloyal? Do they not get it? Do they not understand the process? In this actual case, I explained the process and these buyers are both medical doctors. I guess that shouldn't make them any smarter but one would think that they certainly understand the value of service and getting paid for services.

I feel better writing about this, so the whole world may understand the other side of what happens when a buyer isn't loyal or truthful and simply uses or wastes an agents time.

This was a true story and I might add that I have many wonderful relocating buyers that get it and are very loyal and appreciative.

 

5 Comments on See How Relocating Buyers Use a Real Estate Agent - Not in a Good Way

This is said and we must educate them before we take them in the car. We must get them to sign exclusive right to represent so they understand. It is not about anything else except, my time is very valuable and I believe the buyers time is also. So, lets not waste each others time and be loyal to me since I am taking my time to help you. If you find something that I have not it is better to be represented than not. Let them have it in the beginning so they know how the business works.

I am sorry it happened to you.

05/16/2008 11:04 PM by Susan Trombley Re/Max Broker Raleigh NC & Surrounding Areas (Re/Max Hometown)


I, like you have also carried around the Ungrateful Buyers, that waste time, gas, resources, etc.  I also have started to get alittle tougher as Susan & Yvette suggest.  I also feel bad for you and wish you didnt have to go through all that. 
Inst it nice to have a place like AR to release some of your frustration?!!

Take Care & Have a Great '08!!

05/16/2008 11:13 PM by Sylvie Dolley, ePRO Realtor (Coldwell Banker Residential Brokerage)


 Sorry this happened to you.  It is very sad and disrespectful.  Here you are trying to do an honest and thorough job, and they don't have a clue. My husband and I work as a Real Estate Team, and the first time this happened to us, I went home and cried.  It is heart breaking.  The good news is that we don't take anyone out anymore who doesn't have an LSR.  Also, we have them sign a broker agreement on all the properties we show them.  We take a firm stance and let them know that we are Real Estate Professionals and this is how we do business.

 

 

05/16/2008 11:33 PM by Janis Trent (Realty USA Southwest, Inc)


HI, it happened to me also!  I was thinking about having them sign a buyer brokerage agreement before they get here, maybe I can fax it to them or email, something to show we will be loyal to each other. 

For the clients like you had, I would have had them sign a contract before we left my office.

05/16/2008 11:51 PM by Lorinda Ward (Acworth Georgia Realtor)


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Real Estate Agent: Troia Team (Coldwell Banker)
Troia Team
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