Why Should I Sign A Exclusive Buyer-Broker Agreement
Good luck. After reading the rest of this blog highlighting the insider tips of real estate agents, I hope you will better understand why this exclusive buyer agency contract is requested by some and demanded by others, and how it ultimately helps the buyer. Get the contract and it`s the same buyer I would have “worked” with who would have come to my open house (through my advertising). I asked the agent when she signed the BAA with this buyer. She said, “Like everyone else, we wrote the contract on the same day.” I said, “Well, not like me.” I was really angry. It was a situation where the buyer received money through a moving company if he used that brokerage. In reality, she had a agent who didn`t do anything for her until it was time to write the offer. Conclusion – an agent is either an honest person or a dishonest person. Instead of a handshake, the buyer`s agents present buyers with a document called a “buyer`s brokerage contract” – and you may not know what it is! There is a saying that says, “Why would you buy the cow before drinking the milk?” The same situation can be applied here.
Don`t be afraid to ask for a trial. Can you spend an afternoon with this person? Do they really have your best interest in their hearts? Ask them if they drive you and show you a few places first. I can`t hurt to ask. Why should you sign an agreement with someone before you know how diligently they will help you? You should feel comfortable committing to them as an agent. It`s different in every state, but make no mistake!!! Even if necessary, agents put it in a form where you commit to them for X months. .