Do You Know Where Your Buyer Is?

Reblogger Praful Thakkar
Real Estate Agent with LAER Realty Partners

Some blog posts are evergreen!

This is one of them!

The most important question from Larry Johnston in this post.

Do You Know Where Your Buyer Is?

Original content by Larry Johnston RB14037276

Do You Know Where Your Buyer Is?

You may have seen the Television spot on TV where it starts out with "Do you know where your child is?" A campaign that was launched when the cities had evening curfews late at night for children under a certain age.  The main purpose was to cut down on the juvenile crimes in the area.

Larry Johnston © 2014

Just like the children that roamed the city street late at night, getting into mischief, I am suggesting our own campaign to keep our buyers from going astray.  Buyers are not aware of the Real Estate Agents rules that dictates that the Buyer and the Real Estate Agent they choose are suppose to be tied together until they move into their new home.

 

RULES TO YOURSELF

• Make sure the Buyer is aware that you are a commissioned agent, and that you are working in their best interest.

• Buyer Broker contracts are not always your best legal option. The best option is to not get in that position in the first place. Most agents will not enforce them, but it can be a tool upfront to emphasize that you are their only agent.

• Buyers will continue looking on line for homes

• Buyers will see a sign while they are driving down the street.  It is real easy for them to call the number on the sign to ask questions about the house.

• Make sure the buyer is aware that you have the answers to all the homes they see, and to call you for the information.

• It is easy for them to top at an open house. Have them call you before looking at it and then remind them to tell the agent at the location that they already have an agent. Best if you go with them.

• Know what your Buyer is doing and remind them occasionally what the rules are. Any time they bring up something about a house they saw or read about, remind them again what you are to them.

 

We have all lost buyers to other agents, either do to them ignoring the rules because of convenience, or they don't care. The best way to teach them in the beginning is:

You wouldn't go into a School other than your own for Math or English class, just because you happen to be driving by it at that moment.  Why would you go to a different Real Estate Agent,  when they are not your advisor or teacher?

Let's keep our Buyers out of trouble....

Know where your Buyers are today!

 

------------------------------------------------------------------------

If you know of anyone that wants to buy or sell a home in Elkhar, have them call me:

Larry Johnson, 574-304-7577, Elkhart County Subdivisions, LLC,

or email larry@larry-johnston.com

Click for Website

HomeConstructionIn.com

 

FriendsAndNeighborsRealEstate.Com

 

SimontonLakeHomesForSale.Com 

 

1,260,321 Points 52 Featured Posts Outside Blog Attended Rain Camp Called Shot Master 

 

 

Real estate expertise provided by Grant Schneider on ActiveRain

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainer
353,265
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

All good rules to go by.  Educate your buyers or someone else will.

Nov 20, 2016 11:52 AM #1
Rainer
82,234
Mike Kelly,CRS,CIPS
The MJKelly Team - Santa Rosa, CA
"One of Sonoma County's Natural Resources"

Yes, agree totally! We have a first timer now who keeps telling us about her "other agent" who she really liked. We keep telling her that her previous agent told her all listings could only be viewed through the MLS by the broker! When we finally got her hooked up with our MLS portal she asked us--"Where did all these properties come from!".

 

Nov 20, 2016 11:59 AM #2
Ambassador
2,750,649
Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

I often look high and low for my Buyers. Nice re-blog!

 I hope you have a awesome week Praful Thakkar!

Nov 20, 2016 12:40 PM #3
Rainmaker
295,999
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

A great blog to recognize the importance of an "exclusive buyers' service agreement" as we have in Oregon.  I talk about this all the time at our office meetings.  At least 25% of our agents use these, and they save us all the time. Buyers need to know the importance of having an agent working exclusively on their behalf.

Nov 20, 2016 01:38 PM #4
Rainmaker
1,085,015
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Praful Thakkar - A great saying and reminder - do you know where your buyers are at?  Says it all!  Excellent choice for a re-blog!

Nov 20, 2016 03:09 PM #5
Rainmaker
1,673,998
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Good evening Praful Thakkar ,  Thank you for the reblog.  You had to reach way back for this one.  Have a great Thanksgiving.

Nov 21, 2016 10:40 AM #6
Ambassador
4,072,896
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Thank you for stopping by at my post and your comments.

Nov 21, 2016 02:59 PM #7
Ambassador
4,072,896
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

On a serious note, we should know what our buyer is doing.

Nov 21, 2016 03:00 PM #8
Ambassador
4,072,896
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Rose Mary Justice - I am with you - just explain them on how you are being paid.

Nov 21, 2016 03:00 PM #9
Ambassador
4,072,896
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

And I am sure they should know about this,  too - at your first meeting with the buyers

Nov 21, 2016 03:01 PM #10
Ambassador
4,072,896
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Mike Kelly - hopefully, that 'other agent' should remain the other agent only...lol!

Nov 21, 2016 03:01 PM #11
Ambassador
4,072,896
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

(And it is true, Mike - some buyers do not know what MLS is - it's our job to educate them.)

Nov 21, 2016 03:02 PM #12
Ambassador
4,072,896
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Paul S. Henderson, REALTOR®, Broker, Tacoma Washington - yes, we need to check everything with the buyers.

Nov 21, 2016 03:03 PM #13
Ambassador
4,072,896
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Lynnea Miller - Indeed the EBA - Exclusive Buyers Agency contract is important - more do in this times.

Nov 21, 2016 03:04 PM #14
Ambassador
4,072,896
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

As much as it is important for buyers, it is for agents. too. Well said Lynnea Miller

Nov 21, 2016 03:04 PM #15
Ambassador
4,072,896
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com - definitely we should check with them initially.

Nov 21, 2016 03:05 PM #16
Ambassador
4,072,896
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Indeed a blast from the past, Larry Johnston.

And yes, I had to go back few years....

Nov 21, 2016 03:06 PM #17
Ambassador
4,072,896
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Once again, thank you for stopping by at my post and your comments.

Nov 21, 2016 03:06 PM #18
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
4,072,896

Praful Thakkar

Andover, MA: Andover Luxury Homes For Sale
What did my neighbor's home sell for?
*
*
*
*
Spam prevention

Additional Information