Why you SHOULD refer out a buyer or seller if it is out of your area

Real Estate Agent with John L. Scott Medford

I have a friend who wanted to move to Portland Oregon.   He wanted me to write offers with him on a few homes.  I told him that I  didn't know Portland that wel (except the Zoo and OMSI)l.  He indicated "well you have a license in Oregon right?"  Yes I do.  It's my duty as your friend to find you a Realtor there who knows the area very well, and can get you that "great deal".  So I referred it out.  He got a screamin' deal, and I got a referral, and a new friend to refer transactions in Portland to.  Please Please Please... if you don't know the area, refer it out.  It will be less hassle, and your client will be happier in the end.

Comments (6)

Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Geoff , you are a true fiduciary !!!!!!!!! You know to put your clients(friends) interest ahead of your own - WTG !!!!!!!!!!!!!!

Mar 21, 2010 01:15 AM
Connie Hall
All Brokers Real Estate - Portland, OR

I've gotten many calls from agents that wouldn't refer it out and that is really a shame. I had one that wanted me to show his client the home because he said he lived 5 hours away and it would be to difficult for him to come up and show? Oh and I don't have a MLS key for your area... WHAT? 

Mar 21, 2010 01:37 AM
Stephen Arnold
HomeSmart Elite Group - Scottsdale, AZ

Hello Geoff!! This is so true!!  Why not pick up a 25-30% referral fee and sleep easier at night!  A REALTOR can use ActiveRain or various other sources to identify a knowledgeable agent!

Mar 21, 2010 02:14 AM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Geoff that is the correct approach it showed you had your friends best interest at heart.

Mar 21, 2010 01:34 PM
Jim Frimmer
HomeSmart Realty West - San Diego, CA
Realtor & CDPE, Mission Valley specialist

I declined to work with a buyer who wanted to buy a home 100 miles away from me. I couldn't in good conscience work with him so I referred him to another Realtor over there.

Mar 29, 2010 02:16 PM
Russel Ray, San Diego Business & Marketing Consultant & Photographer
Russel Ray - San Diego State University, CA

As some ActiveRain friends of mine in Wisconsin like to say: "Know what you don't know."

Apr 07, 2010 04:27 PM