The license won't be safe in this scenario because the agent could face disciplinary action from state licensing authorities for breaching duties toward the seller. I would encourage all buyers confronted with this illegal behavior to report it to the licensing board every time it happens. |
+1. Also, buyers who encounter this should drop a written note to the seller (google them and message them through linkedin, drop a note in their mailbox, etc.) to let them know about the conduct of their agent. |
No one is talking about "criteria" not sure what you are referring to there. Potential Buyer agrees to pay commission to the Agent (listing broker or buyer broker) who showed them the property in a signed buyer agency agreement in the event that the Potential Buyer purchases that property (if the state allows dual agency and if not in a designated agency/referral format). And then. Is shown the property. No criteria. Just an clear agreement for specified compensation in the event of that potential buyer's purchase of that property. |
Holy s---t what are you talking about??? Why would I as a buyer pay anything to the sellers agent? They are compensated by the seller per their agreement, and that agreement includes....showing the property to prospective buyers. |
What you probably need to google first is the concept of "PROCURING CAUSE." |
Sound like you're trying to have a Listing agent take on 2 clients (their Seller and the unrepresented Buyer) for the price of 1. |
This person is hilarious. Responding to a claim about potential breach of basic fiduciary duty, by apparently discussing the potential for battling over who gets the sales commission. Why, specifically, would showing a house to an unrepresented buyer put a sellers agent license in danger? |
Again, what on earth are you talking about? I bought a house without a buyers agent. The sellers agent didn't represent me, and I didn't expect them to. The agent sent me the form contract. I filled out the blanks and checked the boxes, sent it back, we signed it, and then closed a few weeks later. |
If a sellers agent refuses to show me a house as an unrepresented buyer, not only will I attempt to contact the seller to let them know about this behavior but I will leave negative reviews for that agent everywhere I can. |
Sounds like you are very savvy. Everyone is not. Review and consider. "Unrepresented Buyers - Just Say No!" https://www.youtube.com/watch?v=vtRJv7phItM |
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Not gonna watch some random YouTube video, sorry. Your arguments make no sense. Nobody is forcing you to act as their buyers agent for free. Just...show the house as your sellers agent agreement calls for. If the seller likes the offer and considers it viable, why does it matter? And yes, I do have some knowledge of the field, but filling out a standard sales contract is not rocket science. There are probably, what 5 blanks and 10 boxes to check? The entire reason there is a standard sales contract is to simplify and routinize the process so everyone works from the same starting point. Somehow most people in other industrialized countries survive just fine without buyers agents. Every argument is some hypothetical that gets more and more esoteric as it goes. As opposed to the tens of billions that consumers have lost to exorbitant fees enforced by a cartel, as found by a federal jury, and as compared to similar countries. |
| All the agents on this board giving suggestions to support their commission sound moronic. The industry is not supposed to be kind to agents in the future. |
This is not correct at all. I have done multiple wedding photography projects and get paid well. We negotiate our rates separately and also with the couples getting married or their family member. Very rarely I have seen an x% of the wedding cost to the photographer. |
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That was a point of that post. Your response illustrates the problem with the real estate industry; that industry should play by your rules of commerce.
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