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Bryant Tutas's Blog – June 2008 Archive (3)

Get the BBA signed...part 2.

Here's a follow up with some pointers that may help in getting a Buyer Brokers Agreement (BBA) signed if you choose to work with one. And I hope you do. Here's what I do.

First, if a buyer calls me to see one of my listings I will meet them at my listing to show it to them. At this time, I will not show them any other properties unless I happen to have another listing that's similar.

If Buyers are just calling in, for any other reason, my goal is to make an… Continue

Added by Bryant Tutas on June 11, 2008 at 2:30pm — No Comments

Why get a Buyer's Broker Agreement Signed?

Hi folks. Today I want to talk a little bit about our responsibility to ask Buyers and Sellers if they are working with another REALTOR®. Is this something we are obligated to do by our CoE, or not? What do you think?

Here's an example: Last week, a Buyer contacted me by phone to get some information on a couple of my listings. I asked him if he was working with another REALTOR®. He said that he had gone out looking at properties with a REALTOR® the previous week. I… Continue

Added by Bryant Tutas on June 11, 2008 at 2:30pm — No Comments

Why you need a Buyer Broker Agreement.

Hi folks. Today I want to talk about co-brokes. Now since this post will be about commissions, please let's not use specific percentages, we don't want to upset Sherman and his anti-trust crew. I'm going to be talking about principles anyway so amounts are not important.

First, I want to clear up a major misconception in our industry "I do NOT have to show your listing if the co-broke is less than I'm willing to work for." It is neither unethical or illegal for me to pass on showing… Continue

Added by Bryant Tutas on June 2, 2008 at 3:00pm — No Comments