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Rainmaker
556,286
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

It takes more time to ask this question than it would take to set up the updates. 

Feb 03, 2016 08:24 AM
Rainmaker
5,096,166
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I set leads up all the time on automated listing alerts. At the end of the day they can do it themselves on my websites or any other agents' websites. I'm not looking for an exclusive buyer agency agreement at this stage of our "relationship," which might be quite tenuous as yet. But it is one way to stay in front of them and retain top of mind awareness until they are ready to buy. I'be had leads I've dripped this way for years before they raised their hands to go shopping and when they were ready they signed the buyer agency agreement.

We agents are no longer gate keepers of information for the public. Public can get their information anywhere. Why not be the source of it and demonstrate your value?

Feb 03, 2016 07:40 PM
Rainmaker
1,619,091
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

It takes you few minutes to set that search, I would. Keep in touch, make connection, treat your client with respect and provide with an excellent service, so this buyer becomes loyal client. Good luck! 

Feb 03, 2016 03:06 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

I don't use buyer agreements. I earn loyalty and I get it.

Feb 03, 2016 12:55 PM
Rainer
223,831
LUXURYSOCALREALTY COMPASS La Jolla
Compass - La Jolla, CA
San Diego Partner - The Private Client Network

Hi Pete Roszell I do fairly well here in San Diego and never have had a buyer broker signed.  There is another way to do business and that is to "earn" it with knowledge, expedience, and competence.

Feb 03, 2016 10:42 AM
Rainmaker
4,972,976
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

I loved Greg Cremia comment!!!

Feb 03, 2016 10:26 AM
Ambassador
5,032,261
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

So they have already said they won't sign? Have you met them?

Given how easy it is to set up the portal I think I would give it a shot anyhow. Maybe with that and other communication you can demonstrate your value.

Feb 03, 2016 09:22 AM
Rainmaker
1,525,616
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Yes I would still supply the information, maybe they will be willing to sign a buyer agency agreement when they see how helpful you are.

Feb 03, 2016 08:59 AM
Rainer
35,544
Corey R. Roberts
Keller Williams Realty—Yuba Sutter - Yuba City, CA
Turning Dreams into Realty.

Go for it. The way I see it is they're already not signing it, which means they're either indifferent about who they work with or they just haven't had anyone impress them that much. If you dont want to waste your time with a buyer who isn't yet willing to fully commit to you, create the portal with listings sent automatically. Follow up as appropriate, and show them the homes they want to see from the portal you sent. I'd even allow them to create searches in the portal. It's not creating any more work for you, but it's still giving the buyer an adequate level of service. Hopefully enough to have him/her purchase with you.

Feb 03, 2016 08:32 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

Personally - we don't

Feb 03, 2016 09:55 PM
Rainmaker
3,340,393
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Be helpful....they will always have the choice of who they choose to use in the purchase of a home...can't lose by  being helpful..if you are not..someone else will be !

Feb 03, 2016 07:39 PM
Rainmaker
637,434
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

It's been a long time since I had anyone sign a Buyers Representation Agreement. Once I start working with them, they usually find something, and then the offer binds them to me.

Feb 03, 2016 06:52 PM
Rainmaker
864,658
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Not sure if you should, but I know that I would. I am here to serve and be a giver first. Client's need first.

Feb 03, 2016 03:48 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I would set it up as many buyers get this information on my website. It will increase your chances of working with them but I wouldn't show them without an agreement. If you don't give them the info someone else will.

Feb 03, 2016 01:39 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Pete Roszell the buyers usually will NOT sign the agreement at the first meeting perhaps.

Ask for one-week agreement and extend it once they are happy.

It is still a good idea to 'keep in touch' as well as keep on sending listings.

Feb 03, 2016 01:19 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I would do it.

Feb 03, 2016 11:34 AM
Rainmaker
844,728
Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

There are probably 100 sites that will offer the same information as you.  Be thankful they want to use yours.  Come from a point of giving and you will see returns greater than imagined.  Mark

Feb 03, 2016 09:54 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

This is broad. Did they refuse to sign? Are they really buyers? Are they working with others? Are they just inquiring? Remember, an exclusive binds YOU too. If a casual inquiry, plug em in for a while and see where it goes. They prove themselves a bad prospect, unplug and dump em. Now sing: I got the power! 3:)

Feb 03, 2016 09:34 AM
Rainmaker
622,382
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

The old saying " If you throw mud against the wall...&...sometimes it sticks" might be appropriate here...&...you may get lucky!

Feb 03, 2016 09:10 AM
Rainmaker
4,850,663
Richard Weeks
Dallas, TX
REALTOR®, Broker

That is a business only you can make.  I chose not to work with a buyer who will not sign a buyers rep agreement.

Feb 03, 2016 09:51 PM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

The first rule in any business is take care of the client/customer and everything else will fall into place.

As with any piece of paper; even a buyer's contract it is only worth the committment from both parties.

I do not use buyer's contract either.

Feb 03, 2016 08:46 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

yes

Feb 03, 2016 08:13 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 Pete. I would not hesitate to start  them getting information from me and being building a trust relationship with them.

Feb 03, 2016 05:49 PM
Rainmaker
1,157,785
FN LN
Toronto, ON

You need to determine whether you want to serve this type of buyer.

Feb 03, 2016 04:01 PM
Ambassador
3,727,581
Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

Few buyers willt sign an exclusive representation agreement just to recieve listing information.  They start their searches on line, then they go to someone they know for a referral, or they start looking for agents at Open Houses.  Once you've met them and established a relationship and shown them you are competent, they will probably sign an agreement. 

Feb 03, 2016 11:16 AM
Rainmaker
2,443,200
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

If a buyer will not sign a buyer broker why would you work for them? If they will not be loyal to me, I am not playing with them.

Feb 03, 2016 10:48 AM
Rainmaker
506,480
Ellen Caruso
Daniel Gale Sotheby's International Realty - Glen Head, NY

I"d set it up for a limited time showing them how I work and how on top of inventory I am, then I say if they dont sign or use you, your gonna have to stop sending them anything.

Feb 03, 2016 10:12 AM
Rainmaker
140,768
Joan Dickie
Keller Williams Premier Realty - La Crosse, WI
Keller Williams Premier Realty

I do very often.  I keep in touch with them on a regular basis to find out where they are on the road to buying a home.  Many times they aren't ready to buy yet, so they aren't ready to commit yet.

Feb 03, 2016 09:38 AM
Rainmaker
1,231,853
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Pete, this is good question to discuss with your broker.

Feb 03, 2016 07:56 AM
Ambassador
6,352,310
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Sure, but get the agreement signed before you start showing homes.

May 04, 2019 10:08 PM
Rainmaker
979,396
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Pete - Set them up, stay in touch, and hopefully you will earn their business. Eventually you can earn their trust and they will ask you to help them purchase their new home.

Feb 05, 2016 01:23 PM
Rainmaker
1,498,138
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I don't do buyer agreements either and neither does my broker.  In 30 something years, only been burned once or twice.

 

Set up the portal, service the client and you will get paid when they close escrow with you.  Earn that business, don't just set them up on a search and say "call me, maybe".

Feb 04, 2016 11:08 AM
Ambassador
3,382,984
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Why not?  It shows  your value.

Feb 04, 2016 10:10 AM
Rainmaker
7,787,954
Roy Kelley
Retired - Gaithersburg, MD

Yes. Set up the search to build a relationship.

Feb 04, 2016 03:11 AM
Ambassador
3,339,024
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

What do you have to lose?  We earn loyalty when we demonstrate our willingness to help. If you make it all about you and you getting paid then your focus may not be where the buyer needs it to be ... on serving them.

Might you get burned by this? Yes. It happens.

Feb 04, 2016 02:32 AM
Rainmaker
897,698
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

I would do it, for a while, and see how it goes. In CT, to show properties, Buyer Agency agreements are required (but often ignored...).

Feb 03, 2016 11:41 PM
Rainmaker
908,498
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Probably won't make any difference in the overall scheme of things.

Feb 03, 2016 10:10 PM