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Its odd, and when it happens imho its because like everyone here said, the seller requested it. I certainly do not have time to go with other agents to my own listings, if its part of your service and it works for you, then go with it, but if you dont want it, tell them that
This is a real estate "cultural" thing. Some big areas like NYC don't have lockboxes and both agents show up. If it is standard practice in your area to have lockboxes, then I would have one put on the home. Buyers want to be able to talk about the house without the "other side" there. I know I am scheduling on the run a lot, so if an agent couldn't meet me then I would just move on to the next 50 houses that meet my clients criteria.
Don't make it harder to show your home than you have to. If there is something special about the house that she needs to share then have her schedule a broker's open and sell it to the agents.
In my neck of the woods, some brokers say here's the key go show it, or you have to go with the listing agent. Sometimes it depends on the seller and what they want or it's just the broker.
I personally would not give out a key and would request I'm there for a showing. But it hardly ever happens anyway. I'm available at a moments notice.
When the back door is left open, or something is missing in the house, who do you think the seller is going to point fingers at? The listing broker.
We have one of our own listings that we can't even show w/o the owner being home or we have to call her friend to supervise while we're there.
We had a really bad wind storm, she was out of town during that time. I went to see the house w/ my associate and the screen door was blown in, some pots broken and a window upstairs broken or something. Of course since we were there, she was just sure we went to her house and went on a destruction spree. So I told her we would not show her place unless she was home or we need to break the listing.
We had a broker show up at one of our sellers house w/o calling us. She and the buyers took advantage of the seller while they were there. That night when we found out what happened, our seller was so upset and crying, didn't know what to do because that lady was a broker. She didn't know who's side she was on! It was awful. She kept telling them, you have to call my broker! They just ignored her. They were pawing thru her newly deceased husbands stuff, sitting on his riding mower, going thru his tools, and the broker working out bottom lines thru the buyers by saying, I'm not your broker so I'm really not here! Talk to them, and they'll tell me what to write in the contract.
Heck no! If you want to see a house I have listed, I'll meet you there.
We had our house on the market with Coldwell Banker.. our contract expired this past Jan. We did not resign the contract. We decided to wait for the relocation company to move us within the year...However we would like to sell if someone is interested.
The Coldwell Banker Agent we was prev. through called us and wants to show the house tomorrow (she claims the people want to see the house are very interested) so my question is... How much of a commission should the realtor get if these people really are interested and make us an offer? When we was under contract it was 6%.. do we negotiate the 6% down to 3% or less since we aren't under contract or do we have to give her the full 6%? Or does she get any commission since the house is no longer under a contract?
Let me suggest starting a new thread, this one is about lockboxes.
When you were listed with CB, had there been a closed contract, CB would get 3% and your agent a percentage of that based upon the split. Out of this, she probably had to pay the relo company a referral fee, as high as 35% of groos commission. The other 3 % would go to the buyer's agent's brokerage XYZ and the buyer's agent would receive a percentage of that amount.
Given you are no longer listed with any brokerage, you will not ow a listing fee to anyone. You former agent represents the buyer. It would be appropriate to pay CB, her broker 3% and they would in turn, split with her.
In my state a one time showing contract would cover this. I am not sure how it works in your state.
It seems two threads have begun to ...comingle (sorry, it's an escrow check joke...)
Here's my answer to the question about the listing agent who didn't want to use a Lock Box and wanted to be present at showings...
Here's my take on this - and I know my take on this issue is NOT universally shared by my fellow Realtors. It's not my intent to ruffle any feathers here, friends. And as the client, YOU should be directing the agent you've chosen.
Here's my observation:
You'll get fewer showings if the listing agent requires she be present - it's a simple matter of logistics. Your agent simply isn't available 24/7/365.
I also question the value of an agent who has no rapport with the buyers (having not met them) ..."showing" the house. I've seen it done well, but fewer times than one might imagine.
As a buyer agent, when I bring buyer clients to a home - I try to keep my mouth shut until I get a sense of what impression the house makes on them. If it makes a good impression and the buyers become animated and talkative, I'll begin to "show" the house and ask questions of the buyers designed to help them think through how it would be for them to live in. But if the house doesn't appeal to them - emotionally - no "showing" I do is going to make them feel like this could be home. This whole process can be made difficult if there's a listing agent doing a lot of talking while my clients are trying to think, feel, and come up with questions about the house so I can write them down...
Of course, all bets are off if the buyers are engineers
I once had a couple of engineers look at houses with me. They'd walk in, say something like "well, this one's not suitable, honey!" and then spend as much as an hour writing a floor plan on the back of the listing sheets I'd given them. I found them another Realtor - a former electrical engineer. They were all happy then. So this varies according to who the buyers are - but I can tell you, in my experience, having two Realtors doing a lot of talking during showings isn't productive.
Or so it seems to me.
DB
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