Why You Shouldn't Touch a BRA on a First Date

By
Real Estate Sales Representative with Sutton Group Summit
https://activerain.com/droplet/4NVX

You should never ever touch a bra on a first date. Or second date. May be on a third if you are lucky. And I don't care whether you are a dude or a gal, just don't touch it. Because you have no idea what you might be getting yourself into!

 

So, you just met. Or, no, you didn't even meet, you are just on phone talking, asking pre-qualifying questions and all you can think about is BRA! You think this is the coolest, the most desirable thing for you at the moment, but...Seriously, stop it! What if you or the other party will never benefit from it? What if you are just not the right fit? Right size? Right state of mind?

Lets say you convinced the other party to sign BRA (and I am talking about B.R.A. - Buyer Representation Agreement, what did you have on your dirty mind?) as soon as you meet, but what if you are as a Realtor getting yourself in trouble? From time to time we all felt some sort of resistance from the buyers when trying to get the BRA signed. Why? Because the buyers are not sure whether we are the right Realtors for them. So, shouldn't the Realtors feel the same way? What if this Buyer is not the right kind for me?

BRA imposes certain obligations on both the Buyer and the Realtor. While Realtor gets a promise to get paid if the Buyer buys (not paid by the Buyer - lets keep this straight), Buyer gets the Realtor to be acting in his/her/their best interest, day or night, rain or snow, sick or healthy, until the purchase is made or contract expires.

In my opinion, BRA is way more dangerous for the Realtor then the Buyer, so why Realtors are so eager to get themselves into it? Wouldn't it make more sense to get to know your client a little better? Make sure you really want to work with them and they are worth protecting their best interest? And then get married, oops, sorry, get Buyer Representation Agreement signed on a date #2 or #3?

Spring must be near, my thoughts are floating in the unpredictable direction.....

Realtors, love your Buyers, Buyers respect your Realtors and may the product of your wonderful relationship last way after BRA comes to an end.

More Tips for Home Buyer

7 Things to Consider When Choosing a Neighborhood to Live In

5 Tips for Pleasant Home Shopping Experience

Offer Presentation In Person

Pros and Cons of Buying With Listing Agent

Grow House Anyone? Help yourself - there is plenty around!

12 Steps To Buy Your First Home

Types of Homes - Learning Real Estate Terms

First Time Home Buyers - Wonderful Video For You by CMHC

Discount Real Estate Brokers - Illusion and Reality or Free Cheese, Get now - Pay later

Moving Checklist -  based on the list from Martha Stewart

Some More Mortgage Terms and Rates

Mortgage Basics

Your Home and Maslow's Hierarchy of Needs

10 Reasons Why You Need a Realtor to Buy a House

 

More Tips for the Home Seller:

No Offense Meant, Home Seller, but some Buyers are Taller then You!!!

Mr. and Mrs. Home Seller, please, Leave the Premises!!!!

Home Seller Tips - Take Lots of Photographs of Your Garden

Closing Your Pool for the Winter - Homeowner Tips

National Do-Not-Call-List - Do You Really Know What this is?

Video Tours, Virtual Tours or a Combination of both

Making Your House Buyer Friendly - 10 Seller's Best Friends

Please, Don't Let the Cat Out - you gotta be kidding me!

Handymen Gone Handless or possibly brainfree!

Moving Checklist

Discount Real Estate Brokers - Illusion and Reality or Free Cheese, Get now - Pay later

 

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Rainmaker
103,499
Jim West
Real Estate Technology Partners - Marysville, OH
Our Passion Is Helping 1st Time Home Sellers

I think we as an industry are always trained on the premise that we cannot trust anyone and the consumer has learned that they shouldn't trust us. Realtors, for the most part, do not even have any loyalties towards their brokers as they tend to move to another brokerage at the drop of a hat. You bring up very interesting points and I have never had a buyer sign a "BRA" and struggle to know that some agents will not work with a buyer without one being signed. If an agent can't show any loyalty to their broker, why do they insist on buyers signing these? 

Feb 18, 2016 07:09 AM #1
Rainmaker
1,311,924
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

Good evening Maria,

Great post.

Well I was going down the wrong path with you leading me astray.

This is an agreement that I do not use as my feeling is if I am doing my part correctly we will be sitting across from each other at the closing table smiling.

Make yourself an astonishing day.

Feb 18, 2016 07:10 AM #2
Rainmaker
333,682
Marina Gavrylyuk
Sutton Group Summit - Mississauga, ON
Homes & Condos for Sale in Mississauga and Toronto

Thanks, Jim! Why work so hard on signing one, if it still does guarantee anything? Cheers!

Feb 18, 2016 07:13 AM #3
Rainmaker
333,682
Marina Gavrylyuk
Sutton Group Summit - Mississauga, ON
Homes & Condos for Sale in Mississauga and Toronto

Raymond, I am totally with you on this one. If someone wants to cheat, no paperwork will help

Feb 18, 2016 07:14 AM #4
Rainmaker
784,021
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

What was this blog about again? Oh yeah, I never worry about getting those signed right off. I want to get to know the buyer first, and get a feel that we can work well together.

Feb 18, 2016 09:01 AM #5
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Rainmaker
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Marina Gavrylyuk

Homes & Condos for Sale in Mississauga and Toronto
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