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Rainmaker
1,555,100
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

That's a question asked by a Realtor that (maybe) doesn't use a buyer contract?

(CA BRE) here in CA. YES I do, because my buyers cover the difference per contract and they know in advance they'll need to-therefore they will tend to ask me to skip over homes to avoid that fee or simply go for it because the fee is worth the house. (I do give buyers 30 days on any house, any fee above 2%, but day 31, I'm a 3% Realtor). In 17 years, this has never been an issue.

Nov 12, 2015 10:50 PM
Rainmaker
4,907,547
Richard Weeks
Dallas, TX
REALTOR®, Broker

Yes.  Just a part of a fiduciary duty.

Nov 12, 2015 10:47 PM
Rainmaker
3,986,308
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Yes, because I cover the shortage in the buyers contract..

Nov 12, 2015 10:43 PM
Rainer
42,670
Fred Hafdelin
Weichert Realtors - Mountain Lakes, NJ

Sure. If the property is a property that my Buyers may like. They hired me to find a suitable property for them. Thats what I try to do.

Nov 12, 2015 10:41 PM
Rainmaker
4,319,873
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Tony and Suzanne Marriott, Associate Brokers yes for sure.

Our compensation through co-broke should have nothing to do with showing the properties to the buyers.

Nov 13, 2015 03:10 PM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes.

Nov 13, 2015 04:14 AM
Rainmaker
1,507,073
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I'm liking these buyers contract ideas!  I've only seen them for exclusive representation before out here.  Interesting idea to add in the SOC fee!

 

Fun story, my broker had a listing that was passing on 0.5 less SOC than average (investor client).  Another agent's client wanted to see it, but the agent said no AND THAT IT WAS BECAUSE OF THE SOC!  The client came to the open house and almost bought it.

 

Funny thing is, she was under a buyer's contract but the agent refusing to show the house voided her contract!

Nov 13, 2015 02:46 AM
Rainmaker
3,988,013
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Yes I work for the client and know it all balances out. I do not regularly look at the comp rate to decide what I will show as I am focused on customer service and satisfying that needs of my client. If I do a good job and make less this time I will make it up on having earned a client for life and getting future referrals.

Nov 12, 2015 11:56 PM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

Yes as we may negotiate the co-broke or with a buyer's contract they pay.

Nov 12, 2015 10:54 PM
Rainer
94,155
Val Evans
Scottsdale, AZ

That's a loaded question Tony/Suzanne. Of course all agents are going to say yes!

Nov 12, 2015 10:44 PM
Rainmaker
5,117,178
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

What does it mean "entitled?" In the end, I have a fiduciary responsiblity to show all properties of interest to my client. Commission can be negotiated afterwards if necessary.

Nov 13, 2015 10:32 PM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Tony and Suzanne Marriott, Associate Brokers Fees are established in the Buyer Broker Agreement to cover any shortfall.

Nov 13, 2015 01:20 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

My buyers CHOOSE not to be shown real estate where traditional seller costs are transferred to the buyer. I will call listing agent or seller to re-establish that properties eligibility, in writing of course.

Nov 12, 2015 11:10 PM
Ambassador
6,426,155
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

We have a buyers agency agreement, if the seller does not cover our fee we do need to let our clients know that they may be responsible for it.

Feb 06, 2019 10:49 PM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I show them all properteis and take only the fee offered in the mls as co op fee.

Nov 14, 2015 12:37 AM
Rainmaker
699,277
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

Not unless there is absolutely nothing else on the market which is never the casae.

Nov 13, 2015 01:05 AM
Rainmaker
2,310,576
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

I have my buyers sign a buyer agency that says the seller will pay me but if they don't the buyer must.  I explain to them that by doing this I can ask for my usual commision in the contract because it adversely affects the buyer otherwise.  We have a company who recently came to town who offers a flat fee so for a $500k house they might offer a $2,000 coop.  They are not getting the houses sold quickly because many agents simply won't show their listings.

Nov 13, 2015 12:52 AM