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No not for free for a reduced fee based on the fact its an FSBO and the terms may be different. The issue is some realtors wont do what is in the best interest of their clients because they might not get the fatty check they are used too.
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Originally Posted by Brandon Hoffman
Agents don't have to work with someone. If they don't want to show the home they don't have to as long as they aren't violating an agency agreement.
It's not how I would handle it, but that's the beauty of RE is there are many agents working many different ways. You are mad the agent wouldn't show it. Earlier you were mad that I would show but that I'd disclose to the buyer ahead of time they may owe some commission. Basically, what you want is the agent to work for free or next to free? Is that it?
If I have an agency agreement with a buyer, s/he knows and has agree to my pay if I am successful in finding, negotiating and closing a property of his/her/their choice.
That's true if the buyer is foolish enough to sign such a contract. The sellers terms very much should matter, in fact they are all that should matter and should be negotiated on a house by house basis when offers are put in.
Anything else is predatory to pad the brokerages fat salaries.
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Originally Posted by 2bindenver
If I have an agency agreement with a buyer, s/he knows and has agree to my pay if I am successful in finding, negotiating and closing a property of his/her/their choice.
I cannot act as an agent without an employment contract. I cannot advise or advocate for the people until they sign an employment agreement. I cannot act for a Seller unless I have an employment agreement.
Brokerages do not get, not do they give "fat salaries" or that business is short lived.
You sign a contract based on that offer, if its an FSBO at 1% you sign on to that or not. This blanket 6 month or one year contract business is foolish.
When I see a house and want to put an offer I will sign a contract, until then why would I sign anything?
You may get suckers to sign something that is not in their best interests but that is predatory.
Quote:
Originally Posted by 2bindenver
Your anger is unwarranted.
I cannot act as an agent without an employment contract. I cannot advise or advocate for the people until they sign an employment agreement. I cannot act for a Seller unless I have an employment agreement.
Brokerages do not get, not do they give "fat salaries" or that business is short lived.
No, you sign an agreement for representation based on your needs.
The offer you sign will be between you and the Seller. Not you and your need for representation.
I do not agree to work for just any warm body. I am not a public utility. I give first class service, and I am very selective with whom I work with as partners to their real estate transaction. I have had clients, then their kids as clients. I love to work with people who are nice, thoughtful and kind. I treat them like the rockstars they are, and give them rockstar service in return.
can you imagine being the person that ensnares themselves in the never-ending loop of agent-hate by refusing to establish a relationship with any of them based upon their qualifications and recommendations, only to treat whatever agent they wind up with as unworthy and a necessary evil in the process, then finding out the agent doesn't give a crap about them, and thus perpetuating the cycle?
Anytime there are significant amounts of money leaving my pocket its a necessary evil. I am a strong DIY person but the law does not always allow for that and that's when there are issues.
It is hard for me to see value in something that I could otherwise do myself but don't have the time to check off all the boxes the state requires to get my own certs. Trying to compel someone to sign a contract that is not in their best interests is not being treated like a rock star, it is being fleeced with a smile. Now if I can red line the contract and go back and forth until it is a fair and equitable agreement then that's fine, but I wont sign a canned contract put out by the brokerage to maximize their profits off my ignorance and to cover their own rear ends.
I have also heard that there is language in these contracts that absolve the realtor and the brokerage of legal liability, why on earth would I want to release you of that if I am paying out 5 figures? Brokerages get paid enough that they should be absorbing that liability.
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Originally Posted by BoBromhal
can you imagine being the person that ensnares themselves in the never-ending loop of agent-hate by refusing to establish a relationship with any of them based upon their qualifications and recommendations, only to treat whatever agent they wind up with as unworthy and a necessary evil in the process, then finding out the agent doesn't give a crap about them, and thus perpetuating the cycle?
what does that have to do with my post beyond morphing "necessary evil" into the outlay of money?
there's not a state in the union that says you HAVE TO use a real estate agent.
Most states will allow you to DIY repairs and improvements on your house without the coinciding trade license. The only problem arises when you go to sell the house, assuming the Buyer obtains a home inspection.
Most states use standardized contracts agreed to by their Bar Association (lawyers) written generally for the protection of the consumer. A Buyer and a Seller are allowed to redact any parts of those forms that they mutually agree upon.
I assume all agents - we do in my state for sure - carry insurance to cover legal liability for when we dally in negligent malpractice.
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you do not get what an employment contract is
