"Yielding the Right-of-Way" - Representing Your Client's Best Interests

ahh the Best interest of the Client.   I know many who lose sight of that... or never had that "vision" to begin with.   It is sad and needless to say, those are the ones who have to pound the pavement year after year and have no repeat business.     I am proud to say that the majority of my business is from past clients and referrals.   I strive hard for my clients and with that my reputation which is everything to me stays intact

Amen brother Rich! Our business, done right, is all about the people. The money will take care of itself. I've seen many things in my 13 years of real estate that are just flat out shocking. Folks that are in this buisness for nothing but money will fail. They may have success for awhile but it will not last. Our good reputation is the most important thing we have, once we lose that, the game is over. 

The Golden Rule....sums it up for. Plus I really like to sleep.

Family and friendly relationships are deadly in real estate sales. 

The poor buyer is infected by The Stockhold Syndrome.  The buyers needs are subjegated to the relationship with the person that introduced that agent to them.

Buyers are better off finding their own agent.  Then if the relationship doesn't work out, they can end it and not have to worry about what anyone thinks or cares.

Bet that flies in the face of a lot of agent's personal promotion.  But, I believe in arms length transactions and relationships when something as expensive and critical as the purchase of a home is involved. 

 

Rich, I love your picture of the apple and the snake. Oh my, unfortunately I see this all the time. It is true if we do what we love, then the money will follow.........and I love my clients, they become friends for life. All except 2, psycho people. LOL

I had a Realtor tell me the first year in the business, her husband who is a Dr. (and she really doesn't need the money,)  that is was the thrill of chase, the deal, the excitement. Made me sick. I determined NEVER to be like that.

do what you love and the money will follow. we add "and always be true to yourself" to that as well. Good post, Rich. As usual.

And that's just it Rich. Always in the best interests of our client....and everything follows...including that good nights sleep!

Rich, I think in any service business, your client's interest has to come first.  The money will follow if you serve the client to their satisfaction. 

OMG - looks like Jake The Snake is making his rounds in Seattle as well!  These are the type of people that make the industry look bad and make us look so good.  I wish there was an easy way to get rid of these sores in our business.

Rich, in Colorado, many people act as Transaction Brokers, with no fiduciary duty.  However you still have a duty to be honest with the Buyer or Seller, and I see lots of people who, although not being dishonest, kind of smooth over things to get the deal to close.  I like to represent my clients, and they like it when I do.  Sometimes it means losing the deal, but if it is in the Buyer's best interest to do so, then it is the right thing to do. 

Rich -  nice reminder for those that let greed run their business! When in fact the only thing running is their client in the other direction when they start to see their true colors. I have run across a few agents in my 3 years of real estate that were in violation of the code of ethics for refusing to show listings that weren't offering adequate co-broke to their liking. In fact when our market here was a lot of exclusive listings, lower than the typical 3% co-broke being offered, houses were getting multiple offers and selling in minutes; I had an agent call me and told me when my client decided to up his co-broke commission that he would bring his client by! He actually put that on my voice mail...I wonder where his fiduciary responsibilities were that day? I wonder what his buyer would thought of him leaving this property out of the options? Hmmmm?  Greed!! It tends to get the best of so many and eventually it comes around to bite them in the long run. Good Post... oh by the way..I was able to chat with this young agent and remind him he was in violation of the COE and that perhaps he ought to check with his broker about his theory. It happens but we all need to keep the greed radar off. I enjoy working for my buyers and enjoy the challange of helping them find their dream.