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<---- ESA. Exclusive Sellers Agent. Since I work for a builder I only represent the seller(builder) in the transaction.
Thats why I am having a hard time wrapping my mind about getting into a procurring cause pi$$ing contest. If I had people walk through my door today sans agent but they told me later that they had been working with an agent I would still pay that agent a commission.
<---- ESA. Exclusive Sellers Agent. Since I work for a builder I only represent the seller(builder) in the transaction.
Thats why I am having a hard time wrapping my mind about getting into a procurring cause pi$$ing contest. If I had people walk through my door today sans agent but they told me later that they had been working with an agent I would still pay that agent a commission.
Sounds like this builder doesn't pay a commission at all regardless of when the agent was introduced. Which I have to say sounds like they just don't want buyers to have representation.
Yeah I would tend to agree. But that can get him in a sticky situation should an agent actually bring a buyer to him. I guess he just isn't in the business to sell homes.
Yeah I would tend to agree. But that can get him in a sticky situation should an agent actually bring a buyer to him. I guess he just isn't in the business to sell homes.
But it wasn't the agent's relationship that brought them together. The buyer found the builder and asked her agent to attend the meeting.
But it wasn't the agent's relationship that brought them together. The buyer found the builder and asked her agent to attend the meeting.
Right. I was saying that if the builder truly does not pay commission to ANY agents regardless of when they were introduced the builder could get himself in a sticky situation should an agent bring a ready, willing, and able buyer to him.
But from the sounds of it no agent in their right mind would take a buyer there if the guy isn't will to pay commission.
But it wasn't the agent's relationship that brought them together. The buyer found the builder and asked her agent to attend the meeting.
So I don't understand why the buyer brought her agent to the builder? If the agent does the paperwork for her, then the buyer has to pay the commission (or fee or something like that) to the agent, but the builder has nothing to do with this because the agent didn't bring the customer to him.
So I don't understand why the buyer brought her agent to the builder? If the agent does the paperwork for her, then the buyer has to pay the commission (or fee or something like that) to the agent, but the builder has nothing to do with this because the agent didn't bring the customer to him.
You need to ask the OP that. I assume they brought the agent there because they want representation but didn't realize that the builder wouldn't pay the agent.
You need to ask the OP that. I assume they brought the agent there because they want representation but didn't realize that the builder wouldn't pay the agent.
Makes you wonder exactly how that meeting went after the person was introduced as their agent.
1. I bet there is a buyer agency contract.
2. I bet this builder will cause trouble
3. Finding the house is the buyers job, getting to closing is the brokers job.
4. There is a way to ask the builder to credit the buyer so that they pay the broker.
I know it's hard to understand, but you get to live in the house, you hired a professional to get the whole job done, not just find you a house.
Good post, and Kev's below it as well. Why didn't you include the agent in the new construction search also? It would likely have alleviated the issue.
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