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Ambassador
3,164,405
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Having a buyer and having a client isn't the same thing.  BBA are not customary  or legally necessary  in my market.  And I rarely get it signed until we're ready to write an offer.  But I also rarely lose a buyer because I earn their loyalty by working hard for them.  

Jul 21, 2015 02:19 PM
Rainmaker
1,662,036
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

I explain that I am here for them and they are to call me for their real estate needs.  I do ask if they are working with another Realtor. I don't make them sign anything.  It may be my bad but it's the way I do business.

Jul 21, 2015 11:24 PM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I do, as well, Evelyn, because many people have signed agreements without truly understanding what it was they signed. You can't lose something you never had in the first place, as you said.

Jul 21, 2015 09:46 PM
Rainmaker
2,363,589
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Evelyn - since when did rational behaviour become a hall mark of our industry? LOL - When do you ask them to sign the buyer agency agreement?

Jul 21, 2015 09:36 PM
Rainmaker
4,272,548
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I do ask if they are working with another agent and few have EBA...

Jul 21, 2015 03:24 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Evelyn Johnston - you are so right! I just let them go - and usually, in first couple of visits, I know where they stand!

Jul 21, 2015 01:41 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Some agents assume that the buyer is theirs even without a written agency agreement. I too ask if they are working with another agent and can tell if they have been looking at homes with another agent so I ask more questions.

Jul 21, 2015 01:05 PM
Rainmaker
613,494
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

 Has anone heard of "meaningful disclosure"?  That means you CANNOT stick an agency agreement in the buyers face when they are getting ready to write a contract on a house...that is way too late.

A disclosure or agreement has to be given during a time when the buyer still has the option to understand and walk away if they don't like it.

Eve

Jul 22, 2015 09:03 AM
Rainer
67,369
Evelyn M Epperson
Coldwell Banker Residential Brokerage - Johns Creek, GA
A Tradition Of [Excellence, Trust & Service]

Hi Evelyn - I do and ask the same question.  If they are not committed to another agent I am going to work hard to get them committed in writting to me.

Jul 22, 2015 04:21 AM
Rainmaker
212,755
Stefan Winter
Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV
Owner - Winter Group & Real Estate Web Tech

I always get a kick out of those agents, hopefully it is a lesson to make your buyers clients and not just drive around a customer you may never get paid for.

Jul 22, 2015 04:01 AM
Rainer
150,719
Ed Macias
Real Estate Teammates - Miami, FL
Miami FL-REO Property Management Multifamily

They Shouldn't . Nature of this business

Jul 22, 2015 03:32 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Evelyn Johnston BBA's are are State mandated in my area.

Jul 21, 2015 11:23 PM
Rainmaker
2,486,205
Captain Wayne - Rowlett Real Estate School
Rowlett Real Estate School - Panama City, FL
Rowlett Real Estate School / Owner and Instructor

I always ask a buyer if they have contacted any other agent.

 

Jul 21, 2015 11:13 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

the question is: "Why would an Agent get upset if they lose a buyer they never really had? 

Everyone, including Evelyn and Tammy and Nina and Lise and Paul and Praful and Gary and Debbie and James get upset when the realize they did a poor job.  In this case the agent did a poor job 'locking-in' the buyer....or the agent suspects you transgressed on common practice and stole a buyer. 

In either instance, is should be no surprise nor uncommon the agent would be upset even if they do not express their disappointment.

Jul 21, 2015 10:04 PM
Rainmaker
3,626,530
James Dray
Fathom Realty - Bentonville, AR

I like you always have the buyers sing an exclusive agency.  If they are hesitant or refuse we are finished.  

Jul 21, 2015 09:47 PM
Rainmaker
4,883,260
Richard Weeks
Dallas, TX
REALTOR®, Broker

I agree. I want to work with only those who want exclusive representation.

Jul 21, 2015 09:43 PM