Caroline Gerardo, C. G. Barbeau the Loan Lady nmls 324982 (Sun West Mortgage Corporation)

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Rainmaker
895,685
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

I agree Caroline. I am not worried about liabiity here . . . if the right person is selected and they all connect, no need to be Zillow!
I tell clients, IF YOU DO NOT LIKE THIS PERSON, come back to me and I will see who else is out there. It rarely happens.
Referral agents who know that you're 'shopping the client' may be reluctant to get into a competition over it.
If they make an iffy choice, I will tell them they should talk to my pick before making a decision. After that, it's on them!

Feb 14, 2018 02:23 PM
Rainmaker
4,215,238
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Use the names of 3 vendors. When it comes to a Realtor, I suggest one and if they fail to have chemistry will sugggest another.

Feb 14, 2018 02:44 PM
Rainmaker
5,571,934
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

we send ONE referral to an agent out of our area....ONE.... and that one we select is a well-versed agent.... if the homeowner/or buyer does not click with that agent, we will send another one.... 

Feb 14, 2018 02:39 PM
Ambassador
3,274,222
Anna Banana Kruchten CRS, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

I give out one name of an agent that I absolutely know will take excellent care of my clients. Always has worked out well and it's been 30 years.

Feb 14, 2018 02:38 PM
Rainmaker
5,592,655
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Caroline,

We always give 3 names. This was legal advice,  Our 3 names were all good people. A

Feb 14, 2018 02:29 PM
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

      My lawyer told me to give 3 names.  Next time I meet with him, I will ask him if that advice still stands.

Feb 14, 2018 02:25 PM
Ambassador
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

When I am making a referral I put my name and reputation behind it. I am that confident in those I am referring.  Like Candice A. Donofrio I do tell people if it is not a good fit like I think it will be, let me know right away.  I am not worried about liability either. My clients depend on me to give it to them straight and tell it like it is.  If I cannot back that then I have no business making the referral ... that's just me. 

Feb 14, 2018 03:17 PM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Depends on the type of referral, for an agent you want one who is a "partner" since you are vouching for their ability and collecting a fee.

For vendors you want that impartiality that giving out 3 names provides.

Feb 14, 2018 02:58 PM
Rainmaker
3,985,875
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I feel that giving more than one reference looks like you don't have confidence in that one person

Feb 14, 2018 07:08 PM
Rainmaker
1,387,928
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

When a good friend of mine need a help out in San Diego, Thomas J. Nelson, Realtor,CRS,e-Pro was the first, last and only name I gave.  I knew from our interactions here that he was the perfect match for her, primarily because of our personality similarities... which is what she was looking for.

 

When I refer a lender, I typically only give one name as well.  I have multiple lenders that usually don't overlap in specialty and I give out the one in that specialty.  In the event of multiple lenders, I will give out a couple names, but they are all performers and get the job done repeatedly for me.  When it comes to first time buyers or VA loans, I only have one lender in those categories I will recommend.

 

When it comes to trades people (inspectors, etc.) I always give out multiples, with the exception of termite.  Primarily because inspectors may be booked or on vacation and they may need to hunt for one who can come out in time.  I only have one termite person I refer and he's done inspections for me on his way out of town for vacation with the family in the car!

 

Regardless, I always say "you can use whomever you want, on or off the list" and all parties refered out have either done business with me or my clients or have impressed me when I met them.

Feb 15, 2018 09:03 AM
Rainmaker
3,069,984
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Fred Griffin nailed this one!

Feb 15, 2018 06:07 AM
Rainmaker
557,068
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

One name for an agent referral is fine.  I suggest always multiple names when picking an inspector, lender, or handyman.

Feb 14, 2018 08:43 PM
Ambassador
3,039,280
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I only give one lender, one insurance guy and one inspector and one attorney for closing.  People hire me for my advice.  I give it to them.  No one has every let me down.  On recommending contractors I do offer a list. But if you are on the list you are good. And I want them to get their work done in a very timely fashion.

Feb 14, 2018 08:15 PM
Rainmaker
745,632
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

I give one name if it is someone I know will give amazing service. I give more if I don't know the agents well enough. I do interview agents before giving their name.

Feb 14, 2018 08:11 PM
Rainmaker
822,262
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

I provide names of three lenders or attorneys or tradespeople, but only one real estate agent name.

Feb 14, 2018 06:05 PM
Ambassador
4,583,119
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

While it depends on the situation I normally pass along the name of someone I know well who I truly believe is the best fit for the client.

Feb 14, 2018 05:49 PM
Ambassador
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I match like you do to the person's needs and personalities. I do not feel the need to give 3 names because there is always one that is the best for the situation.

Feb 14, 2018 05:41 PM
Rainmaker
577,189
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

I agree Caroline, I generally research the agent first, check their website, and perhaps talk with their broker to see if it would be a good fit.  I they are not happy, like Candice says, I tell them to come back to me and I will find another agent, but I have never had that happen.

Feb 14, 2018 05:10 PM
Rainmaker
1,723,705
Lyn Sims
Schaumburg, IL
Schaumburg Real Estate Agent Retired

Well I've found that it just confuses the buyers. I try to go for the best LO for the job PLUS they match with personalities. Some LO's just like agents are not always the best with hand holding types.

Feb 14, 2018 04:00 PM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

It's about them not us.

Feb 14, 2018 03:45 PM
Rainmaker
1,738,749
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

I have a select group of agents I refer to.  I refer based on who is best for the specific job. 

Feb 14, 2018 03:36 PM
Rainmaker
4,123,299
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

It depends on the situation. Some clients want only one name. Others want to shop a bit. I have a quick conversation with my clients about any of the names I provide so they know my rationale behind each name.

Feb 14, 2018 03:01 PM
Rainer
222,865
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

The problem is money. Referring one Realtor is fine because it doesn't involve money. Most agents give out 3 lender's names mainly because they have not shopped them and don't know who has the best rates, terms and programs.They just care that the loan closes.

Feb 16, 2018 07:51 AM
Rainmaker
1,233,159
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

I typically only give one name when it comes to a Realtor or Lender referral. I know enough agents internationally to be able to do so in many major cities. However, some clients are old school and interview and want 3 names to feel they did their proper due diligence; few do, but I can handle either request.

Feb 16, 2018 04:46 AM
Rainmaker
4,799,501
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes, when it comes to Realtor referrals, I also, give only one name.

Feb 15, 2018 06:01 AM
Rainmaker
3,331,953
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I choose just one, the best. I also like to call them and go over the client to make sure they are willing and able to handle and service them

Feb 15, 2018 05:23 AM
Rainmaker
4,433,703
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I agree.

Feb 15, 2018 04:39 AM
Ambassador
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I'm a matchmaker too, Caroline. They're told to report back to me and they do. I've never had one to say that they didn't like the referral - never!

Feb 14, 2018 10:04 PM
Ambassador
4,312,759
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Caroline Gerardo - I only give it to one referral agent!

Otherwise, it is a money-making game!

Feb 14, 2018 09:20 PM
Rainmaker
2,642,412
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

That works...

Feb 14, 2018 03:15 PM
Rainmaker
6,614,423
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I agree with your practice.

Feb 14, 2018 03:09 PM
Rainmaker
889,337
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Today, I chatted with a buyer who OBJECTED to the association requirement for an IN PERSON interview. His response was, "Should I get an attorney?"  I will recommend NO ONE to this person or those of a similar prideful and self-righteous nature. What I will do for normal folks is:

I ask, 'What do you value most, a program known to prevent disasters or do you value more highly a fire department that can save the basement?"

One program you are holding in your hand you printed from the Internet. The other is in my hand.

No, I don't give a list but make the call.

 

Feb 14, 2018 02:45 PM