Now that sounds extremely frustrating. So the buyer made a deal, then sent a contract for a lower amount with an out-of-town-agent that hadn't been involved so far, and wants 30 days to come see the place and decide if he wants it? Most sellers would say !)(&*@#)(*&!@)#& no.

IN todays toxic and dangerous 'email attachement' environment, with a source unknown, it would never have been opened. 

However, the chorus sings from the choral pit of real estate agents that all buyers should have their own SEPARATE representation. It disappointing but an eventuality you should anticipate and welcome....HOWEVER....

What I WOULD do is explain I will NOT assume the responsibilities of the buyers agent. No, I don't know how they are going to get that lockbox open. So. let's negotiate. You are aware this buyers agent intends to return to the buyer the majority of the compensation taken from you.

This is wrong on many levels!   I don't even know why Designated Brokers allow this to happen.  It is a huge legal liability to the agent and agency (allegedly) representing the buyer... among the other more obvious issues.

No

everyone is related to a real estate agent

Real estate is challenging, have to go with the flow. 

Most of my business is without other agents so no.

Stuff happens.   Is this your listing?   If so, your obligation is to the seller to sell the property.  If it's not your listing, it may matter if you have a buyer-broker agreement, the laws in your state and/or simply another learning experience.   

Good Grief.  People!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!  That's all I will say cuz all the rest cannot be typed here. 

I have heard about this last month, Andrew Mooers . I was at a state association meeting and a Broker on the Oregon coast expressed frustration from Portland agents sending clients to them with the instructions to NOT tell the coast agents that they have an agent already, get the listing agent to open the home, show them, work with them, and at the point they are ready to write, the Portland agent would write up the offer. Very underhanded and pushing the ethics envelope.

Real Estate has always been entertaining with no exceptions Andrew

Andrew Mooers Ask for a referral fee for doing the Agent's job. Should have had an agency agreement with the buyer. A BBA would have locked them in should another agent mysteriously appear.

No way this is an acceptable offer. Contingency to view too long and I do not have time to do someone else's job! Buyer loses!

Yes it has happened and is just as frustrating every other time it has happened. 

oh, I think that's happened to many.... we're listing agents and we never worry about that....it's better to have a buyer's agent sell the property....we are always listing agents and that buyer would have no representation....and they are always told that...

This is the second time this question has been asked.

This is wrong on many levels!   I don't even know why designated agents allow this 

I'm fascinated ....that every word starts from capital..... how did you do it? 

Welcome to buyer loyalty and honesty...

Andrew Mooers - I do receive them - and I ask for pre-approval letter.

I do not show other agent's clients as I feel it isn't fair to the either party.

No and if they inisited I'd ask for a referral fee.  

No.

No.  That would not fly with me.

I have been in Procuring Case court many times over this kind of BS. My far away buyers actually saw my listings with me and then their "agent/son/whatever" arrives on the scene.

Most of our clients are from  some far away locale, but they are loyal.

You have to present the offer to the seller and discuss all cons and any pros. Is this buyers agent a member of your MLS? -Kasey

Boy, some of the answers from the listing agents show why consumers consider us scum...

• assult the agent?
• demand a referral fee?
• offer a $1 co-op fee?
• not show the property unless the buyer signs an exclusive?
• seriously????

I am not condoning what this fake buyers agent is trying to do...however some seem to forget that their job is to HELP the seller sell the property...AFTER ALL, DOSEN'T EVERY LISTING AGENT MAKE GRAND PROMISES TO THE SELLER TO GET THE LISTING??

Eve

See my answer tot he dup post.

I share in your annoyance and frustration over this dishonesty. Cooperation and compensation are two different things. You're only required to cooperate. That agent's not in your Association, correct? Submit the offer to the seller with an admonition that this offer binds only the seller for 30 days. Then inform the buyer's agent that the the co-op fee for this property is $1. LOL

No hasn't happened

      Have you showed the property to this Buyer before?  Do you have a written Buyer Broker contract with him?  Is there any chance of procuring cause?

No, I vet out all clients with many questions and signed agreements.

This never happens when you get a buyer/broker.

If you'd get a listing agreement, a buyer/broker is the same principle and effort.

I work with out of area buyers all the time - in fact they're a very large portion of my business

Not So Far

This is certainly one of the challenges of the real estate business.