By Kay Wilson-Bolton
President, Ventura County Coastal Assn of REALTORS®
February 13, 2000
A lot of passion goes into the service REALTORS® provide for their clients, particularly when it comes to the race to get a buyer’s offer on the table before a decision is made.
REALTORS® have to be very savvy when it comes to buyer representation. Our Association members have set a high standard for preparing buyers to compete in the home purchasing environment.
The competition for homes is very keen. Overbidding, release clauses and multiple counteroffers require cool heads and strategic thinking.
An outgrowth of this arena is the ‘Buyer’s Broker Agreement” which is becoming a common tool for our industry. This Agreement makes it very clear to all parties as to what is expected and what will be returned.
There is no area of our life that is not well served by good information and a true understanding of each other’s duties and performance standards.
The REALTOR® members of the Ventura County Coastal Association of REALTORS® has been a leader in supporting industry trends in areas for the sake of consumer awareness.
The buyers Broker Agreement is changing the way REALTORS® conduct their business when it comes to investing time with buyers. The major effect of this New Buyer-Broker Agreement is that buyers are made aware of the investment of time and knowledge their REALTOR® extends to them.
Buyers benefit greatly from having focused attention from one REALTOR®. Buyers who share their business with more than one at a time are likely not getting the attention they deserve.
If buying a home is in your future, consider talking to your REALTOR® of choice about working together on a Buyers-Broker Agreement.
When buying or selling your next home, choose a REALTOR® . There is a difference and you can benefit. For more information, contact Bob Seitz, CEO, the Ventura County Coastal Assn of REALTORS® at 981.2100. Our website is http://www.vc-realtors.com