Technology Transactions

Why Buyer"s Agents Shouldn"t Offer Rebates and Fee Reductions

them a few homes or sat at an open house. Ever those agents that failed to properly discuss the relationship up front. Why? Because we won"t accept that the buyer has a choice of selecting whom to work with the same as when a seller does after three or four listing presentations. Why are there no arbitrations on "Listing Cause" brought forward? Many buyers expect representation but make educational discoveries in the early stages of viewing homes. The home-buying consumer is later handicapped or stigmatized when wanting to select their own personal professional representative as many of the true professionals are not willing to work for nothing, spend time defending against the stacked system, or be obligated to repay more than they earned on the buyer agency contract. This situation has raised considerable questions that must be answered. Has our "duct tape" repairs to protect the listing agent from PC claims harmed the consumer? Are buyer brokers compelled to conform to pre-determined cooperative amounts because they fear the PC hammer used by "casual agents" who work without written agency agreements? When will buyer agency contracts be considered in the same light as listing contracts?

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