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Make Sure You Want To Work With Them

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Real Estate Broker/Owner with HomeRome Realty 410-530-2400 311291

 

Choose who you want to work with. This decision is in your hands.

 It is not how many listings you take or how many buyers you are helping.

Ask questions. Have they already spoken to agents, or have any relatives or others they may feel obligated to?  I know agents who have spent time with sellers, helping them price, stage, or telling them what they need to do before selling.  Those same agents get disappointed when the seller goes with another agent.  If you are spending time and giving this advice, you better have a signed agreement. Otherwise, that seller has no obligation to you.  I wonder how many have been in this situation.

  Be careful, Realtors®. Some buyers and sellers interview agents for their knowledge and ideas.  Some, when they are already listed with another agent, will ask for your advice on their home. Make sure you are advising only your clients. A client is someone you have a signed agreement with.

It's helpful to provide potential sellers with an easy way out if they are unsure about signing with you. Say something like, "It's okay if you go with another agent."  But also let them know you would be honored to represent them.

Saying it's okay to choose another agent can help build trust and rapport. Communicating that other potential buyers and sellers are waiting while expressing a genuine desire to represent them and their property creates an environment of openness and honesty. It also leaves the door open if the other agent fails.

It's important to create a friendly and supportive environment while genuinely addressing the needs and concerns of clients.

Ask yourself, are you sure you want to work with them?

 

Thinking of buying or selling a home

Call Margaret Rome

Posted by

Margaret Rome
HomeRome Realty
Broker/Owner/Realtor®

Baltimore, Maryland


Sell Your Home With Margaret Rome

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Comments(28)

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Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Kat Palmiotti

When agents work with mismatched clients, the transaction is more than a little bumpy.

Oct 05, 2024 09:21 AM
Joan Cox, Retired Broker/Owner
Denver, CO
Enjoying Every Day to Its Fullest!

Margaret, for years and years, not one buyer really interviewed me, then about 3-4 years ago a first-time buyer did.  It was refreshing!   At this stage of my career, I take only clients I want to work with, and refer the rest.

Oct 05, 2024 09:29 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Joan Cox

And you have had a long and successful RE career.

 

 

 

 

 

 

 

 

 

 

 

 

Oct 05, 2024 09:37 AM
Kathleen Daniels, Probate & Trust Real Estate Svcs.
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Hello Miss Margaret Rome Baltimore 410-530-2400 I tend to be passing on working with people more these days than excited to take them on as clients.  

I recently referred both a sale and a purchase to another agent.  

You nailed it knowing that agents are not only shopped - but used for their knowledge and expertise people do not want to pay for - they get what they want/need and then hire Mr. or Mrs. How low will you go agent.  

 

Oct 05, 2024 09:39 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Kathleen Daniels, Probate & Trust Specialist

When I encounter a situation in which the client and I are incompatible, I just let them go—no referral. Why would I pass on a truth- or kindness-impaired person to another agent?

Oct 05, 2024 09:52 AM
Kathleen Daniels, Probate & Trust Real Estate Svcs.

Miss Margaret Rome Baltimore 410-530-2400 - please know that I do not refer toxic waste.   

I would never do that to a fellow real estate professional.  

Oct 05, 2024 05:44 PM
George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Margaret good advice.  I have had this happen to me on the mortgage side of the business a few times.  It is not a pleasant experience when it happens.

Oct 05, 2024 12:30 PM
Margaret Rome Baltimore 410-530-2400

George Souto,  I appreciate an excellent, hardworking lender, and your industry has disappointments. You can work with someone for a long time, take calls at all hours, 7 days a week, order and pay for condo questionnaires, put a rush on an appraisal, send out numerous approval letters, answer agents' questions, watch a deal not materialize, fight an underwriter, take abuse from some agents, and still get bumped at the end because someone has a minuscule rate difference. 

Oct 05, 2024 01:33 PM
Anna "Banana" Kruchten
Retired Broker/Owner - Phoenix, AZ
602-380-4886

Oh so true Margaret! The interview process goes both ways.  One of my mentors years ago, taught me this: put it out there that things can go one of 3 ways 1) we both want to work together 2) For whatever reason,  you decide it's not a good fit for you OR 3) I decide it's not a good fit for me.  Almost always it was #1 but on occasion it was #3. 

 

Making a wise choice as to how and who we want to take on as clients can make or break a business.

 

Featured in BananaTude

 

Oct 05, 2024 12:31 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Anna "Banana" Kruchten,

I always knew that you believe in and accept the challenge of choosing your clients. Thanks for the feature in Banana Tudes!

Oct 05, 2024 01:42 PM
Kathy Streib
Cypress, TX
Retired Home Stager/Redesign

Hi Margaret- I love the caution you gave that some potential clients may be just trying to get information from you. I often had sellers who wanted me to tell them what furniture I'd place in their vacant home and where to place and get it. This was before they hired me. Thank you, but no thank you. 

Oct 05, 2024 01:58 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Kathy Streib,

At the beginning of our careers, we wanted to please everyone. It took a while to realize that sometimes, we were being used. But we learned and can now pass that on to others.

Oct 05, 2024 02:28 PM
Kathy Streib
Cypress, TX
Retired Home Stager/Redesign

Oct 05, 2024 06:27 PM
Leanne Smith
Dirt Road Real Estate - Golden Valley, AZ
The Grit and Gratitude Agent

Great advice. Learning how to say No is a sales skills. My sense is desperation for some agents kicks in and they end up in a very deep hole.

Oct 07, 2024 08:32 AM
Margaret Rome Baltimore 410-530-2400

Leanne Smith

I never thought of it that way. You are right. Learning HOW to say no is a skill.

Oct 07, 2024 04:53 PM
Nick Vandekar, 610-203-4543
Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
Selling the Main Line & Chester County

I have been there and done that! Yes, get a signed agreement, either a buyer agency or a listing contract before giving advice.

Oct 07, 2024 10:43 AM
Margaret Rome Baltimore 410-530-2400

Nick Vandekar, 610-203-4543 

I firmly believe that every one of us has experienced this at least once or twice.

Oct 07, 2024 04:55 PM
Dr. Paula McDonald
Beam & Branch Realty - Granbury, TX
Granbury, TX 936-203-0279

Always great advice, Margaret. There are many out there who simply want to use our services for free. 

Oct 07, 2024 11:12 AM
Margaret Rome Baltimore 410-530-2400

Dr. Paula McDonald 

We all give advice freely, but there are times we get taken advantage of.

Oct 07, 2024 04:58 PM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Margaret Rome Baltimore 410-530-2400 You may also be the agent who brings an agreement if they are listed with another agent. It is good to stay on good terms. 

On another note, you may have decided you did not like these buyers /sellers and chose not to work with them .   

Oct 07, 2024 01:04 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Hannah Williams, Good to see you, 

There are so many choices and personalities in real estate. 

Oct 07, 2024 05:08 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Very smart advice to let them know that they can walk away - I just got chosen by a buyer who interviewed 3 agents - I was happy to hear that we would be working together. 

Oct 07, 2024 06:48 PM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Red Hook, NY
Mid Hudson Valley real estate connection

Margaret, I am glad you are still offering sage advice.

I still have my copy of "Real Estate the Rome Way.."  Thank you.

Oct 07, 2024 07:13 PM
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

Excellent advice! About 15 years ago I had a judge from another state in my car. It was day one AND THE LAST DAY! He was so condescending that he can be happy that I drove him back to his car! A total jerk!

Oct 09, 2024 11:39 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Margaret:

There is lots of wise advice in your post. Interviewing works in both directions and depends on the right questions, and answers, and a gut feeling.

Jeff

Oct 09, 2024 11:40 AM