Interactive | August 10, 2000 |
| Response To: |
A Realtor's response
(blanche - 08/10/2000 09:57 AM) |
| Main Topic: |
Bad Buyer's Agent Turns Buyer Off |
Our poor Buyer had very poor advice. I use to be an ordinary agent until 1994. Compromising both buyers and sellers in order to make a deal work. Many sleepless nites lead me to Exclusive Buyers Agency. Could I give up the double dip, the easy listing from a past customers, etc?? I wanted to have a Client relationship with either the Buyers or the Sellers. With a strong background in construction and finance plus 90 hours of appraisal courses, I decided to serve the Buyers who historically have had little to no true representation in traditional real estate transactions. It was a novel concept and at lst , scared the oridinary agents to death in our market. After awhile C21 and others started to emulate what I was doing to the extent they claimed the could be buyer agents too. NAR confused the consumer further by establishing a designation for agents who liked to work with buyers, but still either wanted to be able to list or worked for a company that took Seller's listings. Then the real estate writers, who usually only interview the big agencies, got sucked in and got part of the concept of buyer agency right , but missed the boat totally. They forgot to tell their readers to seek an "EXCLUSIVE" Buyer Agency. Hence the poor Buyers seek a pseudo buyer agent who tries to sell company listings, is not a true fudiciary for the Buyer, has no clue as to a Client relationship, ties a buyer up for 7 months LOL, and basically is very unprofessional. An oridinary agent who claims to be a buyers agent is a wolf in sheeps clothing, but I blame the press who wrote the article that failed to warn her of these people and NAR for the deception they have cause by clouding the issue by design to help the Mega-Brokers. No EBA would have mistreated this CLient like this and no EBA would have taken a 7 month contract. My average contract is 2 weeks.