Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Realtor CommunityA popular online real estate community since 1998!


Advertisements


Sponsored Links
Advertisements
How To Advertise Here
How To Advertise Here

Sponsored Links
(Views)Popular Topics
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 28271233
No new orders today 13101850
Stupid MLS comments. 3276726
What do you know about Froy Candelario, top agent in USA 1189484
Stupid QC comments and BPO requirements. 1061194
New HUD Listing Brokers---Any Update? 1028185
Is there religious content in Buffini class? 822655
Let's talk about our cars 671007
Name that Flick. Great movie Lines. 602720
Pay it Forward - BPO/REO Tips & Tricks I & II 592429
Most common items found at an REO 576025
EML 459232
REOTRANS 440745
Main Street 419458
asset val seminar in colorado 407160
assist 2 sell or 1 percent realty? 340447
HOMONYMS - There, Their, and They're 306784
Evalonline 300191
Land America 285052
Mainstreet 261859
Matched Content
Topic Options
Rate This Topic
#395244 - 11/20/11 10:23 PM Do You Market Yourself as a Buyer's Only Agent?
Home Seller Guru Offline
Member

Registered: 10/02/09
Posts: 279
Loc: Salt Lake City, UT
Just wondering if anyone markets themselves as an Exclusive Buyer's Agent or Buyers Only agent and if the public really cares.

I have noticed that Exclusive Buyers Agencies push that pretty hard on their websites. But I think that buyers really don't care that much that the agent is specializing in their type of agency.

What are your thoughts?

Top
Advertisements
#402362 - 02/28/12 08:28 PM Re: Do You Market Yourself as a Buyer's Only Agent? [Re: Home Seller Guru]
suzan Offline
Member

Registered: 01/05/12
Posts: 22
Loc: California, US
To be a good representative for Buyers, you need to know the other side. IMO you need to have both selling and listing experience.

Top
#408724 - 06/16/12 11:08 AM Re: Do You Market Yourself as a Buyer's Only Agent? [Re: Home Seller Guru]
barb43 Offline
Veteran Member

Registered: 07/31/08
Posts: 1156
Loc: SW Okla
This state doesn't have the issue of agency. (Yes, we're a bit different in many ways.)

Here, we list and sell all we can. Double-ending deals is a blessing when you can do it and nobody bats an eye over that. We work primarily as Transaction Brokers, with the goal of getting the deal done.

I agree that you need to be well-rounded and understand both sides of the sale.

I prefer working with buyers over listing fair market value homes because I hate listening to the owners gripe that their homes are not selling fast enough and demanding to know, over and over, what is it I'm doing for them? (Well, I can't drag people in at gunpoint & make them buy houses!)

When it comes to listings, I prefer to work REOs. They can be a lot of work, but I don't have some whiny owner in my face right here.

That's my two-cents on it.


Edited by barb43 (06/16/12 11:09 AM)
_________________________
Remodeling houses & helping tenants get ahead in life since 1983. Licensed Realtor since 2005.


LIMITATIONS: Until You Spread Your Wings, You'll Have No Idea How Far You Can Walk. - despair.com

Top
#412254 - 09/05/12 09:34 AM Re: Do You Market Yourself as a Buyer's Only Agent? [Re: Home Seller Guru]
Home Seller Guru Offline
Member

Registered: 10/02/09
Posts: 279
Loc: Salt Lake City, UT
Well not much of a response to the question. But I just opened my own agency and have made arrangements for another agent, at another agency, to do all the listings. Basically will be marketed as my listing specialist. She loves the listing side and I, well, hate it.

At this point I'm not going to market the company as an Exclusive Buyer Broker agency because I don't want to push people away that need to sell their home to purchase a new one. That's my only hesitation with being a buyer only agency. I think most people feel they can get a better deal on the listing side if they list and buy with the same agent. A lot of agents in this market discount the listing if they help them purchase.

Top
#412256 - 09/05/12 10:18 AM Re: Do You Market Yourself as a Buyer's Only Agent? [Re: Home Seller Guru]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 7719
Loc: Vermont's North-East Kingdom
Originally Posted By: Home Seller Guru
". . . At this point I'm not going to market the company as an Exclusive Buyer Broker agency because I don't want to push people away that need to sell their home to purchase a new one . . ."

I've seen quite a few Buyer-Only Agencies come along and all of them, sooner-or-later, make the discovery that Buyers enter the market for product . . . . not because they're seeking an Agent.

You don't have to worry about pushing people away who were never interested in "you"; they're interested in buying a place to live, and if you don't have any of those for sale, very few Buyers will be clambering to get into your Office.
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

Top
#412289 - 09/05/12 06:23 PM Re: Do You Market Yourself as a Buyer's Only Agent? [Re: Home Seller Guru]
slcagent Offline
Member

Registered: 05/10/12
Posts: 37
Loc: Salt Lake City, UT
Problem is if they do have to sell their home and are going to use a Realtor, the chances are they will use the same Realtor to sell and buy.
_________________________
Salt Lake Condos for Sale

Top
#412880 - 09/17/12 10:30 AM Re: Do You Market Yourself as a Buyer's Only Agent? [Re: Home Seller Guru]
Home Seller Guru Offline
Member

Registered: 10/02/09
Posts: 279
Loc: Salt Lake City, UT
Vermont - well I can sell any house in the MLS and with IDX on the website I do have homes for them to buy. I have also made arrangements with several other agents to advertise their listings so advertising isn't an issue either.

SLCAGENT - yes I think most people would prefer to use the same agent. That has been a sticky point in my thought process on this. I think what I'm going to do is have the listing specialist handle the listing, but I will be the contact for the client for most things. That way I don't have to deal directly with the listing, basically work like a team does.

Top
#412890 - 09/17/12 01:18 PM Re: Do You Market Yourself as a Buyer's Only Agent? [Re: Home Seller Guru]
slcagent Offline
Member

Registered: 05/10/12
Posts: 37
Loc: Salt Lake City, UT
[quote=Home Seller Guru]Vermont - well I can sell any house in the MLS and with IDX on the website I do have homes for them to buy. I have also made arrangements with several other agents to advertise their listings so advertising isn't an issue either.

SLCAGENT - yes I think most people would prefer to use the same agent. That has been a sticky point in my thought process on this. I think what I'm going to do is have the listing specialist handle the listing, but I will be the contact for the client for most things. That way I don't have to deal directly with the listing, basically work like a team does.[/quote]

If you can get a good listing agent to agree, then this would seem to be a good solution.
_________________________
Salt Lake Condos for Sale

Top
#422671 - 04/14/13 07:22 PM Re: Do You Market Yourself as a Buyer's Only Agent? [Re: Home Seller Guru]
BpoBill Offline
Major Contributor

Registered: 09/24/06
Posts: 2304
Loc: US
I market myself as a buyer and relocation specialist. Our office operates as a team, and this is my job for the team. The owner and her partner handle listings, and the other agents only work with buyers. It works very well with us. If I were an independent broker then I would not do things like that.

Top






Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Newest Members
Non GMO CRE, Reguru1, Shaun225, Dr.Brim, james luis
29796 Registered Users
Who's Online
3 registered (STEW, Mercedes, 1 invisible), 64 Guests and 4 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Long Walk 74
Vermont 40
Flare616 16
estatereal 15
Trouble 14
RonnieEmz 13
Snapple 12
Logan Five 11
Analog Man 10
waka 9
Lucky Leonardo 9
TheTexasGal 8
Flammable 8
gitmonee 7
Bigtoe 6
Featured Member
Registered: 04/12/08
Posts: 7719
Facebook

How To Advertise Here


This site presented by RNC Internet Services