5,256,911
Yes - quite often it is when I send them the Offer to sign. Most of my clients are referrals or past clients so, I am confident they're loyal to me.
If they are online leads, they get the BA fairly early in the process. It assures we're all on the same page as far as commitment goes!
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Susie Kay
Plano, TX
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Richard Bazinet /MBA, ...
Scottsdale, AZ
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Kathleen Daniels, Prob...
San Jose, CA
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Lynnea Miller
Bend, OR
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Anthony Acosta - ALLAT...
Atlanta, GA
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Roy Kelley
Gaithersburg, MD
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Brenda Mayette
Glenville, NY
-
Peter Testa
Danbury, CT
599,734
Yes. It's actually required by our state but most agents never do it.
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Susie Kay
Plano, TX
-
Lynnea Miller
Bend, OR
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Anthony Acosta - ALLAT...
Atlanta, GA
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Debe Maxwell, CRS
Charlotte, NC
509,449
I always encourage it but a lot of clients refuse to sign. Then I tell them you can sign for a week so you work with me for a week and see whether we both can work together. I learnt my lesson well that I don't want to take just everyone as my clients and I'm sure they feel the same.
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Anthony Acosta - ALLAT...
Atlanta, GA
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Fred Griffin Florida R...
Tallahassee, FL
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Susie Kay
Plano, TX
1,506,613
Haven't in the past, but that was when buyers were more loyal. Now, it's on a case by case basis. The ones I'm working with now are past client referals so no BBA was needed.
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Dan Capra
Lowell, MA
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Susie Kay
Plano, TX
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Pete Xavier
Pacific Palisades, CA
716,452
I always encourage this within my brokerage. For those agents who use it consistently, being burned one time teaches them the value of the buyer's contract.
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Susie Kay
Plano, TX
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Pete Xavier
Pacific Palisades, CA
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Debe Maxwell, CRS
Charlotte, NC
5,243,218
Never have, but leaning in that direction
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Susie Kay
Plano, TX
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Pete Xavier
Pacific Palisades, CA
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Debe Maxwell, CRS
Charlotte, NC
5,115,152
Once we are in negotiations to buy a home, yes... so I can properly represent them as their agent and not the seller's sub-agent. Before that, not so much. At the end of the day if a buyer decides they don't want to work with you they'll find a way out of the agreements.... and besides, what are you going to do? Hold them hostage? I don't think that makes for good pr.
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Susie Kay
Plano, TX
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Jeff Pearl
Lovettsville, VA
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Anthony Acosta - ALLAT...
Atlanta, GA
5,583,328
no.... we are listing agents and the only buyers we deal with are the sellers who buy locally..... they don't need to sign anything...
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Susie Kay
Plano, TX
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Roy Kelley
Gaithersburg, MD
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Nina Hollander, Broker
Charlotte, NC
3,627,272
Absolutely, it is required at our agency
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Susie Kay
Plano, TX
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Anthony Acosta - ALLAT...
Atlanta, GA
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Debe Maxwell, CRS
Charlotte, NC
759,785
Yes, it's required here
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Susie Kay
Plano, TX
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Debe Maxwell, CRS
Charlotte, NC
6,422,418
My time is valuable, getting the paperwork done before investing any time with them is essential.
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Susie Kay
Plano, TX
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Debe Maxwell, CRS
Charlotte, NC
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Bob Crane
Stevens Point, WI
3,350,289
I am closing in on 15 years in the business. I have never used that agreement.
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Susie Kay
Plano, TX
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Debe Maxwell, CRS
Charlotte, NC
2,221,927
It's required in my area...
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Susie Kay
Plano, TX
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Anthony Acosta - ALLAT...
Atlanta, GA
7,869,102
You need to follow the laws and regulations in your state.
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Susie Kay
Plano, TX
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Debe Maxwell, CRS
Charlotte, NC
913,818
At some point after first or second meeting if we agree to work together.
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Susie Kay
Plano, TX
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Debe Maxwell, CRS
Charlotte, NC
3,071,489
Not only that - but also a Buyer Broker Agreement - before the showings commence
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Susie Kay
Plano, TX
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Debe Maxwell, CRS
Charlotte, NC
633,710
If you are going to represent the Buyer you are required to in Md
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Susie Kay
Plano, TX
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Debe Maxwell, CRS
Charlotte, NC
1,712,876
We are transactional.
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Susie Kay
Plano, TX
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Nina Hollander, Broker
Charlotte, NC
577,750
Yes, absolutely... I've been burned too many times.... After I explain it in detail, the way if should be explained, my buyers don't have a problem signing it.
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Susie Kay
Plano, TX
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Debe Maxwell, CRS
Charlotte, NC
310,564
That's not a common practice here, but there have been times I regretted not getting one.
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Susie Kay
Plano, TX
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Debe Maxwell, CRS
Charlotte, NC
634,532
Sometimes. It's almost never done here and i'm one of the few agents that does it. But only when I'm investing significant time with a buyer.
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Susie Kay
Plano, TX
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Nina Hollander, Broker
Charlotte, NC
716,529
Yes, every single buyer, no exception. In AZ, we use a buyer agency, and an (optional) buyer-broker agreement aka an employment agreement (like a listing agreement but for buyers), that I personally have every buyer-client to sign. It establishes not only a procuring cause, but most importantly a buyer commitment.
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Susie Kay
Plano, TX
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Debe Maxwell, CRS
Charlotte, NC
3,168,114
902,238
Yes, it is actually mandatory in Connecticut, but most of the old timers prefer not to do it; too hard to explain it and it's a bother.
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Susie Kay
Plano, TX
5,772,593
2,684,769
The Florida Association of Realtors forms titled, "Exclusive Buyer Brokerage" protect the Realtor and the Realtors' commission. They do NOT protect the Buyer. The only protection for a Buyer (short of using a lawyer) is to have a Single Agency Form, pursuant to Florida Statutes.
Yes, I have them sign a form.
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Susie Kay
Plano, TX
4,904,820
4,800,132
3,986,308
Some of the time but always for any showings I do
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Susie Kay
Plano, TX
1,466,257
2,785,156
This was one of the questions on a renewal exam recently. If you want to collect a commission...procedure must be followed
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Susie Kay
Plano, TX
3,416,038
YES and everyone unless you want to work for free and or risk losing them to another agent who does
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Susie Kay
Plano, TX
921,504
Yes....and no.
Depending on:
1. the program they enroll in
2. the loyalty plan they wish to benefit from
Those who will commit to neither are not serious.
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Susie Kay
Plano, TX
2,194,706
1,325,299
In most cases yes, it really depends on my initial interview.
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Susie Kay
Plano, TX
4,434,177
1,242,104
4,319,773
5,878,935
If you work as a Buyer's Agent in Colorado, this has to be signed by the buyer.
4,964,641
1,728,556
4,583,484
Agency disclosure is required in California but I think you may mean a buyer brokerage agreement which I rarely use.
44,891
Close friends and family, no. If it is someone I met at an open house, online leads, etc. then yes in MA. NH it is the law to have one signed.
3,988,013
I ask every buyer I want to work with to sign one and explain the benefits and commitment it gives them.