Home > Archive > Real Estate Developers > March 2006 > Re: Home Buyer Beware...Realtors® Are Secretly Stealing Your Rights -- Public Service Announcement









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Author Re: Home Buyer Beware...Realtors® Are Secretly Stealing Your Rights -- Public Service Announcement
Steve Horrillo

2006-03-30, 8:21 am


On 29-Mar-2006, "Jay Reifert" <true-agents@12345true-agent.com> wrote:

> Stay on point, Steve. Let's
> hear you defend the non-disclosure of procuring cause.


Why not start a thread on procuring cause rather than using buzz words like,
"secret" and "theft?" You're trying to toy with peoples emotions. IMO you
would have a better chance being taken seriously if you start talking like
an expert rather than a Buzz Marketing politician. While I understand you
think you've found gold in this procuring cause angle but it's not as you
are trying to present it.

I agree with you that only exclusive buyer's agency should be allowed. The
buyer's agent does most of the work and should be afforded some protection
beyond the impotent procuring cause rule. Yet this is a one sided view. You
need to understand that any industry in the world ultimately has to respond
to what the consumer wants. You're making it sound like Realtors don't want
their client to be contractually bound to them like the seller is. They
would love it if the buyer had no choice but to sign with someone. Doing all
the work then having another agent get the commission is one of the biggest
heart breaks there is for those that handle buyers. The fact is in practice
if given the choice the potential buyer will choose not to sign a contract
just to be shown some houses.

I understand your reasoning. Taking away procuring cause will take away any
shread of protection the buyer's agent has, in the hopes it will force the
agent to force the public into contractual obligation. All I can tell you is
I've been a consumer far longer than I've been a Realtor and I personally
would never put all my eggs in one basket with regards to finding a home.
Why aren't you telling the public the exclusive agent's "dirty little
secret?" That during the contract period they're stuck with you. That even
if they find a FSBO on their own they will owe you your commisssion.

--
Warmest regards,

Steve Horrillo, Realtor / C.Ht. =^..^=
http://BrokerAgentTraining.com http://over100percent.com
LinkBot





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