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#90419 - 03/21/06 06:38 PM
When Another Agent Uses Your Name...
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Veteran Member
Registered: 08/19/04
Posts: 507
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An agent in my office was trying to get a listing in my farm area (I'm the #2 listing agent in this area, he's only had one listing here) by saying that I would be consulting with him on pricing the home. The agent called me up to say that he was getting the listing and apparently thought I would be flattered to hear that he used my name in the listing presentation.
I said that if he needed to invoke my name to get the listing then he should co-broke the listing with me. I said I would always be available to consult with him on the list price or anything else, but if he ever does a listing presentation and feels compelled to invoke my name, then he should consider this to be a co-broke situation.
He was taken aback and then sent me an e-mail to further explain and apologize. I said it was not a problem.
Question: Was I out of line or would you have done the same thing?
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#90420 - 03/21/06 06:51 PM
Re: When Another Agent Uses Your Name...
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Member
Registered: 02/14/06
Posts: 29
Loc: Naples Florida
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i hope that the other agents in my office want to help my broker be succesful and in turn help the other agents as well. but, if you are uncomfortable that someone else is benifiting from your name, it is of course, your perogative. imho. but does the use of your name hurt you or does it help to elevate your stature? personally, i would consider it a compliment to be refered to as the "big dog". on the other hand, it would have been nice for that agent to have asked permisson first instead of assuming that you were ok with it.
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#90421 - 03/21/06 06:52 PM
Re: When Another Agent Uses Your Name...
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Member
Registered: 07/16/04
Posts: 2899
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Originally posted by GailSusan: (the other agent said) that I would be consulting with him on pricing the home. That's the part that I don't like. The agent promised your services - for free - without your consent. Is this agent in your office? I'd bring it up with your broker ASAP.
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#90422 - 03/21/06 06:59 PM
Re: When Another Agent Uses Your Name...
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Veteran Member
Registered: 08/19/04
Posts: 507
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Steve, I don't care about ego, this is business, not about personalities.
Jflynn, I don't mind that part. Everyone knows I'm very cooperative and I help agents from other firms with their pricing, too. I do, mind, however, if someone is getting a listing from my very small farm area by acting like I'm providing co-broking services without actually paying me to do so.
I guess it comes down to the money. I don't care about flattery or even consent, but damn it, if you want to invoke my name to get a listing -- then co-broke with me.
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#90423 - 03/21/06 07:11 PM
Re: When Another Agent Uses Your Name...
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Member
Registered: 01/14/06
Posts: 724
Loc: Las Vegas
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You guys are operating your own real estate businesses. Sure, you're in the same office - but you are operating different businesses. It wasn't fair and it wasn't right for him to say he'd be consulting with you about the home. Unless it was more innocent than it sounds. If he basically had the listing, but then said, "You know, I am going to ask GailSusan what she things about this price" when you are the one who lists most of the homes, I don't think that's a big deal. There have been times where I have admitted that a particular agent really had a neighborhood figured out. They were from different companies and if I would have said I was going to ask their opinion on something I don't think that would be out of line. --A
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#90424 - 03/22/06 05:45 AM
Re: When Another Agent Uses Your Name...
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Major Contributor
Registered: 07/01/99
Posts: 4785
Loc: Knoxville, Tennessee, Knox Cou...
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Originally posted by GailSusan: An agent in my office was trying to get a listing in my farm area (I'm the #2 listing agent in this area, he's only had one listing here) by saying that I would be consulting with him on pricing the home.
Question: Was I out of line or would you have done the same thing? I don't believe you were the one out of line here. Apparently he just flat out lied to the sellers in order to get the listing. I'm all for helping new guys, even the ones not in my office but I don't lend them my name and reputation unless I have prior knowledge and give my permission.
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#90425 - 03/22/06 05:53 AM
Re: When Another Agent Uses Your Name...
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Veteran Member
Registered: 08/19/04
Posts: 507
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UpscaleLV, That's the way I figure it. If you have to leverage another agent's knowledge of an area in your listing presentation, then you should co-broke with that agent. What really annoyed me was that he thought I would be flattered by the use of my name in his listing presentation! As you say, we are all entrepreneurs in business for ourselves, which makes us competitors even if we work within the same office, and yet, we do help each other out and for me it doesn't matter whether the other agent is with my firm or not. I will give a price opinion to another agent or help them figure out what's needed to get an applicant past a coop board in my area. But, you know, when it comes down to getting a listing in my farm, at those moments -- prior to the listing agreement being signed, I'm a full-throttle competitor.
I think some agents get mixed up about when to cooperate and when to compete with each other. It's kind of like dancing. Knowing when not to step on each other's toes and then saying "OUCH" when someone does.
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#90426 - 03/22/06 05:53 AM
Re: When Another Agent Uses Your Name...
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Member
Registered: 02/20/06
Posts: 495
Loc: Mesa, Arizona
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Depends on the context in which he used your name. This was never outlined, therefore how can we provide you with an adequate response?
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#90427 - 03/22/06 06:26 AM
Re: When Another Agent Uses Your Name...
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Veteran Member
Registered: 08/19/04
Posts: 507
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Robert, The context was that even though he did not have listings in my farm area, he would have access to my expertise on pricing, and therefore would have the benefit of someone who really knows the area consulting with him on the listing. Sorry, I thought that was clear.
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#90428 - 03/22/06 07:30 AM
Re: When Another Agent Uses Your Name...
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Member
Registered: 02/20/06
Posts: 495
Loc: Mesa, Arizona
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So what's the problem? It wasn't anything negative. Sounds pretty petty to me.
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#90430 - 03/22/06 09:36 AM
Re: When Another Agent Uses Your Name...
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Member
Registered: 02/20/06
Posts: 495
Loc: Mesa, Arizona
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Y'all are full of ethos huh! :sarcasm: Glad I'm over here.
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#90431 - 03/22/06 11:26 AM
Re: When Another Agent Uses Your Name...
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Major Contributor
Registered: 09/19/03
Posts: 2410
Loc: Panama City FL
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AZLender... what is the area of your expertise? I have been unable to identify it.
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#90432 - 03/22/06 12:34 PM
Re: When Another Agent Uses Your Name...
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Veteran Member
Registered: 04/14/05
Posts: 1171
Loc: Atlanta, Georgia
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Gail-
Send him a bill when it closes.
_________________________
Greg Sargent Licensed Georgia Real Estate Broker.
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#90433 - 03/22/06 12:42 PM
Re: When Another Agent Uses Your Name...
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Member
Registered: 10/11/05
Posts: 428
Loc: Edmonton, Alberta, Canada
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You are a professional. You would use the tools at your disposal to get the job done. The competitor could have invoked your name in a less flattering way. I wouldn't agree with him using your name, but a mention from you that you don't think its appropriate should be enough more than enough.
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Registered: 09/16/05
Posts: 431
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