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February 12, 2012
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AGENT NEWS
INTERACTIVE
Response To: EXCLUSIVE BUYER'S AGENTS (buyers - 08/15/2000 10:55 AM)
Main Topic:

Bad Buyer's Agent Turns Buyer Off


response to Exclusive buyers agent
Posted By: MBD - 08/15/2000 04:14 PM

Hi! I see that representation is very different in each state. You asked what my companies policy is when I am showing in house listings. It is simple, If I am not the listing agent then I represent the buyer and I sign a form to that effect. My Broker may in turn end up a dual agent, but I, myself, am not. We have a state form that enables us to disclose who we as the "subagent" actually represent. If I am working with a buyer and that buyer decides to purchase a home that I have listed then I must, by law, inform the buyer that in this particular case I represent the seller. If the buyer does not feel comfortable with that, I offer to refer them to a buyer's agent who will negotiate in their best iterest. As far as I know, there are no brokerages in this area that actually represent buyers only. However, the industry is making so many changes that I won't be surprised if one pops up. Thanks for your response.


Responses to this Post

Response to selling your own listing
Posted by: btolle - 08/20/2000 10:50 AM

Bad Buyer's Agent
Posted by: buyers - 08/21/2000 03:46 PM

same attorney's office?
Posted by: MBD - 08/23/2000 10:04 AM

Designated Agency:
Posted by: buyers - 08/23/2000 04:49 PM


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