Oh Mr. Buyer is your Client? Why Haven't you Signed a Buyer Rep Agreement?
By Regina P. Brown, M.B.A., Broker, Instructor
(MBA Broker Consultants)
Today I received a phone call from an agent that I've worked with in the past. "Do you know Mr. Buyer that you're going to be showing a listing to tomorrow? He's my client," she said. Well of course I'm not going to work with another agent's client, so I bowed out. But not without a cautionary lesson to her. "He didn't mention he had another agent, did you already sign a BRE with him?" I asked. "A what?!" she asked. A Buyer Representation Agreement. You know, the standard BRE ZipForms document from the California Association of Realtors. The form that allows you to represent a buyer. The contract that binds your client to work with you. The proof that you are indeed working with this person. The signed form that you can use to prove you are due a commission. The document you s...