Shame on You

By
Real Estate Agent with Douglas Elliman Real Estate in Babylon NY
https://activerain.com/droplet/zcX

linenhurst ny buyers agentShame on You

Not that long ago, a potential buyer called me and asked if I could help them buy a home. I said yes. <You didn't think I said no did you?> :)

During our conversation, they were upfront and told me they were working with other agents. Whoa, hold on! I politely said that I do not run around hoping you will buy a home from me. It's not a "she who sells the home first gets the commission contest". I work in the red until you buy a home and we go to closing. This buyer understood that and apologized and told me something interesting.

They were told that in order for an agent to show them homes, the buyer would have to sign the Buyer Brokerage Agreement. <Not a moment to be drinking anything because it would have went all over my desk at that moment>. I was stunned. No one has to sign the buyer brokerage agreement just to see homes. "What a slap in the face to their intelligence" I thought to myself.

Now, the buyer knew better than to believe that one, thank goodness. And the buyer didn't truly understand how Buyer Brokerage works either. I explained it thoroughly and now they were more informed. It is also my job to search for homes for my buyers. They told me that an agent had them search for homes themselves then send the info to said agent so they could set up the showing appointments. The buyer stated they do not have the time to always be on the computer searching. They agree that it is the agent's job to search and send the buyer listings for them to review.

Be informed. Don't do all the work yourself. If you feel you are doing your agent's job, then it's time to look for a new agent, period.

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Rainer
98,825
Michael Maynard
New Neighbors Realty - Milford, CT
"Welcome Home!"

Thanks Jackie, and you are correct. Buyer's need an agent that will represent them correctly and diligently.

Apr 24, 2012 01:26 AM #1
Rainmaker
292,688
Robin Rogers
Robin Rogers, Silverbridge Realty, San Antonio, Texas - San Antonio, TX
CRS, TRC, MRP - Real Estate Investment Adviser

Wow. Too bad they didn't call you first, Jackie! You're so right--buyers can search for homes on their own if they want to, but they shouldn't have to do their agent's job.

Apr 24, 2012 02:10 AM #2
Rainmaker
2,346,102
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

Wow, some agents will do anything to get a commission.  Amazing!

Apr 24, 2012 07:56 AM #3
Rainmaker
1,431,631
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

Sounds like they had a very lazy agent.  I see this happen all the time without of area agents sending clients out her to do their own shopping and them just planning to fill out the purchase contract.

Apr 29, 2012 02:36 PM #4
Rainmaker
621,684
Deborah Byron Leffler BzyBee Real Estate Lady!
Keller Williams Realty Boise - Nampa, ID

I am glad that you were able to educate them....and your knowlege and professionalism will come back to you in some form I am betting!

Apr 30, 2012 03:04 AM #5
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Rainmaker
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Jackie Connelly-Fornuff

"Moving at The Speed of YOU!"
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