Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Could it be that after 3 afternoons with you that she realized you were a waste of her time? Sometimes one has to fire a customer.
There is a "strategy" going around real estate circles that you only show buyers so many homes then tell them to pick their top one. It isn't how I do business, but there are agents that have that as a strategy for working with buyers. It sounds like that consumer got one of those agents.
MikePRU, does MA only have single agency and no transaction agency? We have both in Florida but my impression is that single agency is pretty rare here. I know in Florida, a single agency relationship (like a buyer's agent) also makes the buyer liable for anything that their agent might do wrong but most people don't realize that. If I was a buyer, I wouldn't want my financial well-being put at risk by someone I knew nothing about, particularly when a transaction agent can get the job done just as well.
Also, something to watch for is the "protected period" -- it's written into the buyer's brokerage forms here in Georgia. It's variable down here, most agents use between 30 and 90 days as the protected period. But here's the gist of it: You may have a buyer's brokerage, good for a term between January 1 and April 1st with a 60-day protected clause. The agent shows you a house on March 15th. You think -- "Cool house! But maybe I can get it for less if I wait a couple of weeks and ditch the agent." You wait until April 3rd, don't renew your buyers brokerage agreement, and then enter into a contract with the seller of the house you saw on March 15th. Guess what? You owe the agent that introduced you to the house the commission, because you contracted on a house that they showed you within the protect period. Some agents may not enforce it, shrug and say, "Good riddance to a cheating SOB." Others will sue you in a heartbeat for the commission -- sue YOU, not the seller. And would probably win.
There is a "strategy" going around real estate circles that you only show buyers so many homes then tell them to pick their top one. It isn't how I do business, but there are agents that have that as a strategy for working with buyers. It sounds like that consumer got one of those agents.
Could it be that after 3 afternoons with you that she realized you were a waste of her time? Sometimes one has to fire a customer.
We had sold our home in another state and were living in a residence inn. But perhaps she had clients who were living in their cars that were better prospects.
We bought a home a week later.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
