Corinne Guest, Barrington Lifestyles (Corinne Guest, REALTOR® | Barrington Realty Company)

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Rainer
140,560
Richard L. McKinney P.A.
Atlantic Shores Realty Expertise - Port St Lucie, FL
For Results that MOVE you on the Treasure Coast!

I only trust you and me .... but I'm not so sure about you.

Jan 28, 2016 08:35 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Trust?  How about an iron clad referral agreement that stipulates the "rules of the road"?

Jan 28, 2016 08:14 PM
Rainmaker
1,722,626
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

We only deal with builders whom we have had positive experiences with in past dealings. 

Jan 28, 2016 10:28 AM
Rainer
231,224
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

Michael Jacobs  thank you for the heads up... i love fat slow pitches in the middle of the plate :) . i would never never ever steal a client, i would never , nor should another builder ever use an agent to attain a client and not pay the procuring agent. i have seen it many time however. i have an example here right now where a top agent has a development and is giving buyers agents only 500 dollars for a buyer and it IS ON MLS. they started out at no, zero, zilch dollars. i know that is not stealing them, not the same question but another example of greedy people doing stupid things

Jan 28, 2016 11:50 PM
Rainmaker
4,552,881
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

When I saw your question, I thought of Barbara Todaro and Mike Rock.  I wonder about their answer. 

Jan 28, 2016 08:53 PM
Rainer
225,526
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

I would hope that anyone you refer to someone else would not steal your business. Referrals are given to someone you know and trust and if it is misused, then it only happens once.

Jan 28, 2016 07:49 AM
Rainmaker
5,583,167
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

there are people who have earned that trust....it's something that must be earned.... I've never had to have a listing agreement with any builder for whom I've marketed their subdivisions ( and I did 40 of them)....and sold to completion every one of them.... but they earned my trust and I theirs.... I would have an agreement with a builder with whom I've never done business.....not all are worthy!!!! be careful with that....a trusting relationship is like rocket fuel!! you'll soar with little effort.

Jan 28, 2016 09:19 PM
Rainmaker
2,538,633
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Connie. I refer clients to two builder referral partners on a regular basis, absolutely trust both of them.

Jan 28, 2016 05:45 PM
Rainmaker
2,443,200
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

No, I would not. I would register my Buyer with all builders, even ones they haven't asked about.

Jan 28, 2016 11:02 AM
Rainmaker
2,349,966
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I am lucky that I have never had that as a fear. 

Jan 28, 2016 10:57 AM
Rainmaker
5,772,353
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Corinne,

If you have to ask, then I would have the client sign, and the builder sign on the land part also.  We had some agents and developers we worked with that were so above board that nothing was ever written or signed.  We loved  working with them.  A

Jan 28, 2016 07:47 AM
Ambassador
6,352,320
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Get it in writing, and be specific.

Apr 23, 2019 09:13 PM
Rainmaker
979,396
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Corinne - I think I would make sure to have a buyer broker agreement with said client, just to make sure. Then I would also have a conversation with the builder, just to make sure.

Jan 30, 2016 06:36 AM
Rainmaker
5,848,314
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I have this situation happening right now.  Just closed on a land purchase, but the builder is a REALTOR.    Hope to have a solid relationship with these buyers. 

Jan 29, 2016 11:04 PM
Ambassador
3,339,024
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Corinne Guest, Managing Broker - I feel that any trust issues may be dealt with in writing.  But even still, unethical people will not honor the agreements they have signed.  The answer to your question is NO, not without all terms expressly stated in writing!

Jan 29, 2016 02:04 AM
Rainmaker
1,839,786
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Very tricky circumstance Corinne. You have to trust the builder & your buyer to do the right thing.

Jan 28, 2016 10:48 PM
Rainmaker
1,658,386
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

When my name is on the line I stay in close touch.  Just to make sure things are as they should be.

Jan 28, 2016 10:00 PM
Rainmaker
3,415,644
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I would not refer the client out unless out of state. I would represent him through the build in state

Jan 28, 2016 09:25 PM
Rainmaker
513,637
Brenda J. Andrew
ULTIMA REAL ESTATE - Willis, TX
Professional Realtor in Conroe/Willis, TX

No.  I would always go with the client to meet with a builder.  Not only the commission is at stake, but you risk your client being taken advantage of as well.  I had one a few years ago where the client scheduled directly with the builder.  The client thought the builder was paying closing cost and adding the price to the contract.  Instead what happened, the sales price increased, but there was no where in the contract for the buyers closing cost to be paid.  The builder also put for the buyer to pay for the title policy, which is normally a sellers expense in Texas.

Jan 28, 2016 09:13 PM
Rainmaker
5,190,916
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Customer gets registered for build job with understanding I get the land! If not, last deal and maybe a grievance claim at the Board, not to mention his sullied reputation!

Jan 28, 2016 08:07 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Get it in writing.

Jan 28, 2016 08:07 PM
Rainer
150,416
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

You could use an agency agreement I would assume. 

Jan 28, 2016 07:10 PM
Rainmaker
2,759,787
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 I don't trust builders. I send them cover up too much stuff.

Jan 28, 2016 05:36 PM
Rainmaker
622,382
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

Have a Buyer Broker agreement signed w/ your Buyer explaining all aspects and you will be protected. Also get something in writing from the Builder to back up that he will pay you or the Buyer understands it is their responsibility

Jan 28, 2016 12:14 PM
Ambassador
3,159,779
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

if you "refer" a client are you not giving that client to someone and will only expect a referral fee?

Jan 28, 2016 12:02 PM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Corinne Guest, Managing Broker This is a business transaction and not a matter of trust. Get it in writing.

Jan 28, 2016 11:43 AM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

It depends solely on the builder and his integrity and if I am in doubt I will have a contract ready to sign.

Jan 28, 2016 11:08 AM
Rainmaker
1,046,323
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Why not execute a builder co-broke agreement?

Jan 28, 2016 09:38 AM
Rainmaker
4,272,424
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I would be extremely careful Corinne Guest, Managing Broker 

Jan 28, 2016 08:02 AM
Rainmaker
1,525,616
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

No I would try to get the buyer to sign a buyer agency agreement.

Jan 28, 2016 07:36 AM