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Another Day, Another Dollar

By
Real Estate Broker/Owner with CastNet Realty TREC#263257

Another Day, Another Dollar, that's what my Mom used to say about a day's work being over.  Way back then, I'm sure the purchasing power of a dollar was a lot more than it is today.  I still like that saying.  It feels good to say it when I finally get home from a hard day's work. 

To look back at the day and realize the accomplishments I've gained or to count the number of times I prevented disasters from occuring or the number of questions I answered makes me know how hard I worked.  Friday mornings I do training for my agents.  Today we had a guest speaker first thing and he brought breakfast tacos.  Then, after he left, we studied buyer representation. 

We delved into the differences of having a customer versus a client.  When people understand the difference they have no trouble signing a buyer representation agreement.  They want to be a client.  They have everything to gain and nothing to lose by being a client. 

If you are considering buying real estate, make sure you get a buyer representation agreement and become a client.  You want someone to represent your best interests.  You want someone that has expertise to share advice and opinions with you.  You want someone to negotiate on your behalf.  You do not want to be out there all alone.  Just because you use a real estate agent, it does not mean they represent you.  Ask for Buyer Representation. 

If you have any questions about this, please call our office and discuss it with any of our agents.

Ricki Eichler Real Estate, your Texas Hill Country connection                          www.reretx.com

511 Junction Hwy                                   Kerrville, TX                                 (830)257-2520

Show All Comments
Teral McDowell
Referral Patners LLC - Murphy, TX

LOL! That's an expression I heard much growing up too; good post on buyer's rep.

Jan 21, 2011 12:40 PM
Carl Winters
Canyon Lake, TX

Ricki: I remember that expression very well. Have a nice weekend.

Each new dawn is a new opportunity.

Jan 21, 2011 12:42 PM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

Hi Teral,  Thanks, wonder if our kids will mention what we say in the future. LOL

Hi Carl & Ceil,  Y'all stay warm, gonna be cold this weekend. :)  Yes,  I like that saying too!

Jan 21, 2011 12:47 PM
Heather Russo
Keller Williams Realty - Kerrville - Kerrville, TX
SRES , REALTOR, Kerrville, Texas Homes for Sale

I've always thought, "Another Day, Another Dollar" right after a trying day of work... that thought usually follows a major sigh.

On the other hand, today was a great training session! I'm dumbfounded by the lack of agents requiring a buyer's rep!!! Does everyone realize that if we ALL required a buyer's rep before showing property, buyers would realize and expect that document!!!

Showing another Broker's listings, without a Buyer's Rep. creates a Sub-Agency. The Agent showing the buyer the property can NOT give their opinions and help the buyer! They are there to represent the seller!!!

Buyer's Rep is typically paid for by the seller - why is it so hard to ask for buyers to sign a paper?

Jan 21, 2011 01:49 PM
Marchel Peterson
Results Realty - Spring, TX
Spring TX Real Estate E-Pro

Ricki, I also heard that saying growing up and have to admit I like saying it also. 

Jan 21, 2011 02:13 PM
Steve Shatsky
Dallas, TX

Hi Ricki... You get a whole dollar???  Gee whiz... and I have been settling for pocket change!

Jan 21, 2011 03:21 PM
'The Diamond Group' 'A Cut Above The Rest'
The Diamond Group @ Keller Williams - Lubbock, TX
Lubbock Texas Real Estate

Rickie, there is no greater gift we can give our buyer than our representation.  The only cost to them is their loyalty. 

Jan 21, 2011 03:29 PM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

Hi Heather,  That is the million dollar question, "why is it so hard to ask for a buyer rep agreement?" Those that figure it out, figure it isn't and do.  They also make more money! :)

Hi Marchel,  For some reason I love old sayings :)

Hey Steve,  That's funny!   I told you you should move to the Hill Country and come join us!!!!!!  :)

Right on Elizabeth,   So true!

 

Jan 22, 2011 02:17 AM
Frances C. Rokicki
Fran Rokicki Realty, LLC - Bolton, CT
Broker-Mentor,CRS

Ricki, It's a law, here in Connecticut.  Once you explain the contract to the customer, they have no issue with becoming your client.  If they do, I suggest that they find another agent.  Doesn't happen, that often:)

Jan 22, 2011 01:37 PM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

Hi Frances,  We try to get the buyer rep at the first meeting before the prospect tells us any kind of confidential information.  Sometimes, they are unsure about signing since they just met us but it is to their advantage to do so.  If the prospects understand the concept, they have no argument with it. Thanks for your comment. :)

Jan 22, 2011 03:52 PM
Mike Jones
SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) - Tucson, AZ
Mike Jones NMLS 223495

Ricki,

I'd much rather be your client than your customer.  Good post!

Mike in Tucson

Jan 23, 2011 01:01 AM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

Thanks Mike,  You are smart, I'd love to have you as my client! :)

Jan 23, 2011 03:07 AM
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