Educate don't Riducule! AKA Common Knowledge is not always so common.

By
Real Estate Agent with RE/MAX of Valencia (Hall of Fame) 30 year Valencia Resident BRE# 01215778
  • Whoever shows the house gets the commission.
  • We don't get paid unless we close escrow.
  • Ask your agent not me.
  • Tell them at the Open House you have your own agent.

There are many things we know as Realtors and are unknown to the general public.  It is our job and responsibility to educate the public instead of knocking them for not knowing how we work.

It seems to me that many if not most Realtors aren't aware that the way we work is common to us but unknown to the general public.

Here are the facts; we only get paid if we are successful in closing escrow.  Our clients get our services for free should they not buy or sell with us.

We have a thing called procurring cause, simply stated, if you show the home you get paid if the buyer buys that home.

An agent at an Open House may not know that you are being represented by your own Realtor.  This could make them think they are your agent as they have shown you the home.  Let them know your are being represented by your own Realtor.

Buyers and Sellers that are represented by their own Realtors need to have their Realtor contact another Realtor with any questions.  This is the meaning of being represented.

There are many other items unknown to the general public.  Can you think of any.  Are there questions from the general public?

Respectfully,

Tony & Dani Lewis RE/MAX of Valencia

www.TonyLewis.com tonyglewis@yahoo.com 661-510-7975

Comments (1)

Nicole Doty - Gilbert Real Estate Expert
Zion Realty - Gilbert, AZ
Broker/Owner of Zion Realty ZionRealtyAZ.com

Just like viewing new build homes if for some reason my buyers want to visit a new build site or an open house and I can't be there I always tell them to take one of my cards and give it to the sellers agent to let them know they are being represented. 

Apr 10, 2015 12:43 AM

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