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Raj Taj, Drive By Blessings!  (RE/MAX)

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Ambassador
6,423,496
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

There have been times when I did too much work without a contract, but then there have been other clients that have burned us even with a contract.

Sometimes you just cut your losses and move on to the next project.

Aug 24, 2016 06:15 PM
Rainmaker
4,272,934
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

That's why I use BBAs. It only takes one.

Aug 24, 2016 04:14 PM
Rainmaker
4,319,773
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

John Bear - I may have been burned by very few buyers.

I still feel having BBA would not have helped me much - except for legal stress.

Aug 24, 2016 04:01 PM
Ambassador
5,257,589
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

I think we all have!  When we first get in the business, we all tend to be pop-tart REALTORS®!  "You call, I'll be there to open the door for you!"  Then their agent that they didn't tell you about comes back from vacation and they write the Offer!!  Yep, been there - done that!  

Aug 24, 2016 03:16 PM
Rainmaker
1,242,204
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Use your gut feeling and judgement who you want to work with.

Aug 25, 2016 01:44 AM
Ambassador
2,684,769
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 I can gauge people pretty well, I have not been burned... so far.  

  I could take a BBA to a procuring cause dispute at the Board Office.

  Would I go to court?  My attorney charges $3500 out of the box for a court case, then $325 per hour, so unless the commission is high and I have a clear case to win, I would not fight it.

Aug 25, 2016 01:22 AM
Rainmaker
1,617,916
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I do not use the BBA at this time.

Aug 24, 2016 11:05 PM
Rainmaker
2,378,934
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I always use a buyer agency agreement but I don't think I would enforce it. 

Aug 24, 2016 09:26 PM
Rainmaker
5,583,328
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I consider it part of doing business.... on a rare occasion, one will meet up with foul players.... cut them loose and on to the next..... 

Aug 24, 2016 09:18 PM
Rainmaker
152,661
Chrissi Chapman Topoleski
Coldwell Banker Realty - Woodbridge, VA
Helping agents live an exceptional life!

I agree with Bob Crane and Debe Maxwell . I've helped people who had one and never followed through on a purchase with me, and others who didn't have one who did. As Michael Jacobs said, stuff happens.

Aug 24, 2016 09:16 PM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

John Bear BBA's are mandatory in my State. Ask for a retainer fee with it and loyalty increases 10 fold.

Aug 25, 2016 09:19 AM
Ambassador
3,350,439
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I've never used a BBA.  Yes, I have had a few burns ... but in the end, I'd rather my relationships be built on trust. 

Aug 25, 2016 06:41 AM
Rainmaker
1,728,667
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Only one time.

Aug 25, 2016 05:43 AM
Rainmaker
902,388
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Buyer Agency Agreements are mandatory in CT, but not all agents get them signed (not an easy conversation sometimes) and enforceability is questionable, as you point out. Yet without it, no case.

Aug 25, 2016 04:32 AM
Rainmaker
1,506,773
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Me: Never

My broker: Once in 30 years and it was so long ago no one remembers the details... but I believe it was before BBAs existed.

Aug 25, 2016 04:00 AM
Rainmaker
5,115,873
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

No... 90+% of the time I work with buyers without an upfront BBA and have them sign one when we make an offer. At the end of the day, even if you have a BBA if they really don't want to work with you they'll find a way out of the contract.

Aug 25, 2016 02:36 AM
Rainmaker
1,208,441
Peter Mohylsky, Destin BeachPro
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

I like having a BBA available to discuss with my clients.  I don't have them sign it often but ocasionally it works in my be half.  It is important but worthless piece of paper.  

Aug 24, 2016 11:58 PM
Rainmaker
2,785,306
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I had a guy that was in trouble with a piece of property and doing nothing was his way of handling it. I suggested how either selling or keeping it could prevail & even supplied paperwork. He took it all in, signaled me that we have a deal pending, asked the right questions and then the line went dead. I see another Realtor involved and called this guy back and told him what I thought of him and his ways. Hissing is the sound he made

Aug 24, 2016 11:51 PM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Usually it is the people you know who take advantage of you

Aug 24, 2016 10:24 PM
Rainmaker
7,869,891
Roy Kelley
Retired - Gaithersburg, MD

No.

Aug 24, 2016 09:31 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, though, I did have a BBA for the buyer.  So, I guess this argument doesn't apply to me.

Aug 24, 2016 09:27 PM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Yes.

Aug 24, 2016 09:26 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

No - because we always use a BBA - period!

Aug 24, 2016 09:03 PM
Rainmaker
4,583,790
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Stuff happens in our business.   Debe Maxwell sums up my feelings on the subject.   

Aug 24, 2016 09:02 PM