More on buyer representation
In the post I wrote yesterday regarding an agent bonus, I talked about truly representing the buyer's interests ahead of my personal financial interests. Today, I came across a very interesting post by Kris Berg from San Diego on the Bloodhound Blog that relates very nicely.
While Kris' post primarily has to do with Buyer Broker Agreements (California) called a Buyer Agency Contract in South Carolina, take a look at how a real estate agent "represented" his client's interests (not).
A snippet of what a buyer agent did (in this case, Kris is the listing agent):
He would only deliver the offer upon my signing the amended compensation agreement. (Blatant Board violation, not to mention contrary to his client’s objectives). His “team leader” teaches seminars on the subject which I might want to attend. (I guess I am an unenlightened idiot). He has done this “hundreds of times”. (He routinely puts his interests above those of this clients).Please read this excellent post, Until Commission Do Us Part.