NAR Settlement: Buyer Broker Value Presentation for Real Estate Agents

Поділитися
Вставка
  • Опубліковано 21 лис 2024

КОМЕНТАРІ • 287

  • @JimmyBurgess
    @JimmyBurgess  4 місяці тому +48

    I hope you like this week's video! What's one thing you currently do to communicate your value to buyer clients?
    PS: If you want to see Andrew's recorded video of his 8-step process, you can download it right here: jimmyburgessfreeresources.lpages.co/communicate-value-but-how-a-step-by-step-buyer-broker-presentation/

    • @GloriaBenaroch
      @GloriaBenaroch 4 місяці тому +1

      this was aboslutley fantastic.

    • @andrewundem2237
      @andrewundem2237 4 місяці тому +1

      Thanks for having my JB

    • @andrewundem2237
      @andrewundem2237 4 місяці тому +1

      @@GloriaBenarochthank you!

    • @Delcorealtor1
      @Delcorealtor1 3 місяці тому

      Great video! Tons of information. I would love to see Andrew's recorded video of his 8 step process. Did he share a picture of that paper he wrote out? Thanks for all you do Jimmy.

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      @@Delcorealtor1 Thanks for the kind words! I'm glad you found the video helpful.
      Please email me at jimmyburgessrealtor@gmail.com and I'll send it to you.

  • @raisingdax
    @raisingdax 3 місяці тому +7

    One of the best videos I've seen to prepare Buyer Real Estate Agents post NAR Settlement. Excellent information.

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thanks Brian! I truly appreciate the feedback.

    • @raisingdax
      @raisingdax 3 місяці тому +1

      @JimmyBurgess My pleasure Jimmy. I subscribed to your channel on the strength of that video. Looking forward to more great content.

  • @MonicaTsai-h4l
    @MonicaTsai-h4l 3 місяці тому +9

    This video is exactly what I am looking for. Thank you.

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Glad it was helpful. Thanks for watching!

  • @mtark1
    @mtark1 3 місяці тому +5

    Love this! Every realtor needs this NOW!!

  • @normasaenzrealtor3291
    @normasaenzrealtor3291 3 місяці тому +4

    Great content! Thank you both for taking time to record and share this video!

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      You're so welcome! Thanks for the feedback, Norma.

  • @UDNLordzz00
    @UDNLordzz00 3 місяці тому +5

    I will be taking this and modifying it to suit my niche in the market. Thank you so much for sharing.

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      That's great! Let me know how it works for your niche. Thanks!

  • @lailafazli7316
    @lailafazli7316 24 дні тому

    One of the BEST explanations I've heard! Thank you for this!

    • @JimmyBurgess
      @JimmyBurgess  23 дні тому

      Thanks Laila! Let me know if I can ever help in any way.

  • @felecia7307
    @felecia7307 2 місяці тому +1

    This video is so on point. I am sending this to other Agents. This is truly valuable information.

    • @JimmyBurgess
      @JimmyBurgess  2 місяці тому +1

      Thanks Felicia! Let me know if I can ever help you in any way.

  • @georgeterodrigues9175
    @georgeterodrigues9175 3 місяці тому +1

    This is gold. Thank you all for this valuable information. I'm tired of wasting my time on other videos that don't bring any value to me.

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thanks Georgete! I really do appreciate the feedback.

  • @Veteran_Nerd
    @Veteran_Nerd 4 місяці тому +4

    Amazing video!! NAR should hire this guy. This is one to watch multiple times haha

    • @JimmyBurgess
      @JimmyBurgess  4 місяці тому +1

      Thanks for the feedback Spencer!

    • @andrewundem2237
      @andrewundem2237 4 місяці тому +2

      I’m a practitioner not a politician! They can make the rules I’ll play the game (for my clients benefit of course)

  • @MasoudpourRealEstate
    @MasoudpourRealEstate 4 місяці тому +3

    FANTASTIC content, Jimmy & Andrew. Thank you for sharing. 👍 I keep preaching to the agents I mentor, work on your "Buyer Consultation", just like you work on your Listing Presentation.

    • @JimmyBurgess
      @JimmyBurgess  4 місяці тому +1

      I couldn't agree more Robert!

  • @Andromeda2976
    @Andromeda2976 3 місяці тому +3

    Always have the consumer in mind, so true. Thankyou!

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому +1

      You're so welcome! Thanks for the comment.

  • @jennalee6988
    @jennalee6988 2 місяці тому

    This is concise information with regards to the NAR settlement. Everything said can only help agents earn a client's trust. Thank you!

    • @JimmyBurgess
      @JimmyBurgess  2 місяці тому

      Thanks Jenna! I truly appreciate the feedback.

  • @Chris_Sells
    @Chris_Sells 2 місяці тому

    This is the best buyer presentation I have learned! Thank you.

    • @JimmyBurgess
      @JimmyBurgess  2 місяці тому

      Thanks for the feedback, Chris!

  • @maurodemello2824
    @maurodemello2824 3 місяці тому +4

    Guys you made an amazing video... Loved all the valuable pillars. Real life mature communication...

  • @aileenie888
    @aileenie888 3 місяці тому +1

    I took notes on every second of this thank you for pouring into us! ❤

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      You're welcome and thanks for the feedback.

  • @RICHHYY
    @RICHHYY 4 місяці тому +9

    It’s bitter sweet that this has under 2k views. You deserve more views! But at the same time, I don’t want my competitors to watch this haha

  • @RenzoM4
    @RenzoM4 3 місяці тому +1

    Amazing value, thank you for this video!!

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thanks Renzo! Glad you found it helpful.

  • @marytison6898
    @marytison6898 4 місяці тому +3

    This was fantastic y’all! Thank you!

    • @Selvaven
      @Selvaven 4 місяці тому +1

      Great. Thanks

    • @JimmyBurgess
      @JimmyBurgess  4 місяці тому +1

      You're so welcome! Thanks for the feedback Mary.

  • @LivingHoustonLife
    @LivingHoustonLife 3 місяці тому

    Lots of gems 💎 here! Thanks for sharing your knowledge, tips, and suggestions.

  • @GreenvilleSouthCarolinaRealtor
    @GreenvilleSouthCarolinaRealtor 4 місяці тому +2

    So good!! I’ve studied NLP. I love how he touched on it. Also, the title piece. Never thought of that…adding that today!

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thanks for the feedback Rebekah!

  • @AlisonCreamerandCo.
    @AlisonCreamerandCo. 3 місяці тому

    Bought the book referenced, listened 3 times already

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Great to hear you’re getting a lot from the book!

  • @detricejohnson8286
    @detricejohnson8286 3 місяці тому

    This video crystalized my bbvp. Thank you Jimmy & Andrew!

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Glad to hear it. Thanks for the feedback, Detrice!

  • @fasteddierocs
    @fasteddierocs 3 місяці тому +2

    Awesome every good agent has value. 1.5 %

  • @JohnPansini
    @JohnPansini 3 місяці тому

    So many great quotes will definitely have to rewatch once or twice

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thank you John! Glad you enjoyed it.

  • @mariaguild2024
    @mariaguild2024 3 місяці тому +1

    Thanks, I feel like I'll really be able to shine bright like a diamond now :)

  • @BonnieFischoff
    @BonnieFischoff 3 місяці тому

    Great information! So helpful. Thank you!!

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thanks, Bonnie! Glad you found it helpful.

  • @deborahcharron1521
    @deborahcharron1521 3 місяці тому

    This was exactly what I was looking for. Thank you

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      So glad it helped! Thanks for watching, Deborah.

  • @jonhines1853
    @jonhines1853 3 місяці тому

    Fabulous value proposition. But unless I missed it, what about the buyers who are already tapped out paying the down pmt and closing costs and can't afford to pay a buyer's agent?

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      I can't speak for Andrew but I always had a group of current renters that we had working with lenders and credit repair companies, along with me to prepare them to buy in the future if they were unable to qualify or needed some savings to get to the point where they could stop renting and own a home.

  • @List_It_With_Carrie
    @List_It_With_Carrie 2 місяці тому

    Excellent Video! Thank you!

    • @JimmyBurgess
      @JimmyBurgess  2 місяці тому

      Thanks for the feedback, Carrie!

  • @sc666666
    @sc666666 Місяць тому

    If a buyer broker writes an offer asking for a concession responsibility to be paid by the seller to the buyer broker, and the offer ends in rejection, what prevents the listing agent from contacting The buyer directly ?

    • @JimmyBurgess
      @JimmyBurgess  Місяць тому

      Great question. The Realtor code of ethics is one answer. Also, the buyer broker agreement is signed between the the buyer and the buyer's agent. These do not prevent it from happening but they are in place to protect the buyer agent's relationship with the buyer. I hope that helps.

  • @JesusGomezRealtor
    @JesusGomezRealtor 2 місяці тому

    very good points , thank you..

    • @JimmyBurgess
      @JimmyBurgess  2 місяці тому

      Thanks for the feedback Jesus!

  • @josevillanueva9632
    @josevillanueva9632 3 місяці тому

    I’m impressed I will absolutely subscribe thank you Jimmy and of course Andrew

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thanks Jose! I appreciate the support.

  • @carlossosa729
    @carlossosa729 3 місяці тому

    I loved the video it will defiantly add value to my business. thank you Jimmy,

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thanks for the feedback, Carlos!

  • @michellejenkinsrealtor
    @michellejenkinsrealtor 3 місяці тому

    This was fantastic! Thank you!

  • @tjprice4871
    @tjprice4871 3 місяці тому

    Awesome video and great info! Thanks guys! 😊

  • @russgoodman4112
    @russgoodman4112 3 місяці тому

    Superb boots on the ground dialogues! Thanks Jimmy & Andrew

  • @LaRoccaRealEstateTV
    @LaRoccaRealEstateTV 3 місяці тому

    Great content and video that everyone should use. Nice work Andrew! Where can one get the Alan Dalton book? I don't see it on Amazon or Audible...?

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thanks for the feedback! You can find Buyer Agent Be Aware on Amazon.

  • @marilynmcdonald2279
    @marilynmcdonald2279 3 місяці тому

    I thoroughly enjoyed watching this video! Thank you very much.

  • @RosariaGianilivigni
    @RosariaGianilivigni 2 місяці тому

    I loved this video thank you :)❤

    • @JimmyBurgess
      @JimmyBurgess  2 місяці тому

      Thanks for the feedback, Rosaria!

  • @thevegandiaa
    @thevegandiaa 3 місяці тому

    Love this video guys! What was the name of the buyers agent book that he spoke of??

  • @bigdh2os814
    @bigdh2os814 3 місяці тому

    Great information and insight. Thank you!

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thanks! I appreciate the positive feedback.

  • @tinainnca
    @tinainnca 3 місяці тому +2

    Where do we get the scribed out info and recording Andrew talks about?

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому +1

      Tina, send me an email at jimmyburgessrealtor @ gmail dot com and I will send it over to you.

  • @garydesmond1253
    @garydesmond1253 3 місяці тому +4

    First of all...great video with Andrew Undem! I am sharing the video with my team, but I also would like to ask for Andrew's recorded video of his 8-step process as well. I sent an email to you requesting the video, but haven't heard back and just want to make sure you got my email. Please let me know...thanks!

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Gary, if you haven't received it I guess I didn't get an email from you. My email address is jimmyburgessrealtor@gmail.com

  • @DavidKirstenMyers
    @DavidKirstenMyers 3 місяці тому

    Well done, guys! Thank you.

  • @alexanderarguedas2210
    @alexanderarguedas2210 3 місяці тому

    Thank you for your great work and insides comments are fantastic; have a blessed day.

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thanks Alexander for the feedback. I truly do appreciate it.

  • @RMF-w6t
    @RMF-w6t 2 місяці тому

    Seems to me that buyers will now simply find their own properties via internet and Open Houses and deal with listing agents only. Thoughts?

    • @JimmyBurgess
      @JimmyBurgess  2 місяці тому

      They've always had the ability to do that. It will be interesting to see how everything shakes out over the next few months.

  • @ne1uno
    @ne1uno 3 місяці тому

    Will the Buyer's bank finance a Buyer commission or does the Buyer have to come to the closing table with extra cash to pay the commission?........since in the past, the Seller pays the commissions so it's not an issue??

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      This is one of the details that is still being worked out and dependent upon the loan product the buyer is using. Sorry for murky answer, but there isn't a catch-all, clear answer yet.

  • @madamenoire6830
    @madamenoire6830 3 місяці тому +1

    What value you open the door. With online you can look at the house through that. Do the math people if you pay them 2-3 percent of the sale amount?

    • @ShelleyHawaii808
      @ShelleyHawaii808 3 місяці тому

      You might overpay for a home. Many times sellers ask too much. Agents also negotiate the price down sometimes 3 times more throughout escrow process. We’ve negotiated 300+ sales it takes time to learn these skills just as you’ve learned in your own career. I work 12 hours a day to learn my market.

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому +1

      Buyers have been able to represent themselves, especially on the seller side via FSBO, forever. There will always be a portion of the market that is experienced enough or believes they are that will choose to represent themselves. I will be interested to see how all of this shakes out over the next 3-6 months. Thanks for your thoughts.

  • @reneedamon1628
    @reneedamon1628 3 місяці тому

    Do you have a seller presentation to share? This is awesome thank you

  • @MarilynG769
    @MarilynG769 3 місяці тому

    Hello, I would love to get the notes of the points that Andrew made. TY!

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Absolutely! Email me at jimmyburgessrealtor @ gmail dot com and I will send it over to you

  • @josevillanueva9632
    @josevillanueva9632 3 місяці тому +1

    Awesome but I would love to see him doing a cold calling and a listing presentation

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Great idea! We’ll consider that for future videos.

  • @BEYONDTHECLOSINGTABLE-qp7eg
    @BEYONDTHECLOSINGTABLE-qp7eg 3 місяці тому

    OMG this was amazing

  • @RealtorLubin
    @RealtorLubin 4 місяці тому

    Great job going over the buyer presentation.

    • @JimmyBurgess
      @JimmyBurgess  4 місяці тому

      Thanks for the feedback Lubin!

  • @katielucierealestate
    @katielucierealestate 3 місяці тому

    This is an excellent! Thanks Jimmy & Andrew!

  • @arturocruzrealestate
    @arturocruzrealestate 3 місяці тому

    As buyer agents, WAS VALUE something we effectively started doing on August 17th?

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому +1

      Arturo, this is a great point. I think the pros have always provided value and the settlement effectively made it harder for the agents that don't provide value to go unnoticed. Thanks for your question and great point.

    • @ArturoCruzrealtor
      @ArturoCruzrealtor 3 місяці тому

      Thanks for all you do

  • @Homes_For_Sale_By_Ray
    @Homes_For_Sale_By_Ray 3 місяці тому

    This was phenomenal. Thank you for sharing

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      You're welcome, Ray! I'm glad you found it valuable.

  • @myrtlebeachrelocations
    @myrtlebeachrelocations 3 місяці тому +1

    Where can I find the chart of the 6 Pillars that Andrew came up with for this podcast?

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      If you email me at jimmyburgessrealtor@gmail.com, I'll send it over to you!

  • @SandraSanchez-ds7cy
    @SandraSanchez-ds7cy 3 місяці тому

    Great content. I love it . Can I get the name of the book ??

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thanks, Sandra! The book is Buyer Agent Beware by Alan Dalton.

  • @mikecastain
    @mikecastain 3 місяці тому

    Great content and information. Very valuable. Thanks to both of you!

  • @maafa21MustSee
    @maafa21MustSee 3 місяці тому

    You mentioned you would share the "pillars/stages" breakdown document. Where can we get that?

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому +1

      If you email me at jimmyburgessrealtor @ gmail dot com I can email it over to you.

    • @maafa21MustSee
      @maafa21MustSee 3 місяці тому

      Just did thanks ​@@JimmyBurgess

  • @stevelocklin7793
    @stevelocklin7793 2 місяці тому

    I believe the Reissue rate for title insurance benefits the seller, not the buyer. Reduction in cost for new title insurance. And home would need to be purchased within five years of the resale. Is this the case that Andrew was talking about? I may be wrong.

    • @JimmyBurgess
      @JimmyBurgess  2 місяці тому

      That is correct in most states. Thanks!

  • @abenovy-realtor
    @abenovy-realtor 3 місяці тому +1

    I love this. And I also love seeing all the butthurt lenders who dont understand that, ideally, the client signs a contract with us BEFORE they contact a lender. Because, as a reminder, LENDERS DO NOT SIGN EMPLOYMENT CONTRACTS WITH BUYERS AND ACT AS THEIR FIDUCIARY.
    My literal job once we sign the Rep Agreement is to help them save money. I introduce my clients to 3 lenders and let them all compete for the business. If the client decides to shop more, that is their choice. And guess what? Not a single lender i have worked with every got as butthurt as the lenders in these comments.
    Great work here Jimmy and Andrew!

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому +1

      Thanks Abe. I think the lenders commenting are taking it a little different than it was intended as well. We all have lenders we prefer to work with and over my career I've had lenders send me referrals that were interviewing other agents. I personally appreciated any opportunities, and I've found most lenders do as well.

  • @jojogriffo
    @jojogriffo 2 місяці тому

    Are the above speakers two gentlemen live here in Texas?

    • @JimmyBurgess
      @JimmyBurgess  2 місяці тому

      JoJo, thanks for reaching out. I am from NW Florida in the 30A area and Andrew serves the Baltimore Metro area.

  • @AndrewAcevedo-k5b
    @AndrewAcevedo-k5b 3 місяці тому +9

    I don't love that Andrew leads with promising they get the lowest interest rate. Not all lenders are equal with knowledge and/or experience. It is good to give your clients options but shopping lowest interest rate will not always lead to satisfaction.

    • @russalan9859
      @russalan9859 3 місяці тому +3

      I agree. That could easily set a false expectation.

    • @LivingHoustonLife
      @LivingHoustonLife 3 місяці тому +2

      I agree either way Andrew and here’s why. You most certainly can promise to get your clients the lowest interest. I’d the buyer is open to new builds that’s one way. Agents should have a list of builders who’s offering lower interest rates as one incentive along with closing cost. On resale, there are lenders with different products one being a lower interest rate and lastly there are banks that offer owner inter rates and 100% financing.

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      I appreciate the feedback

    • @kozmospaces8032
      @kozmospaces8032 2 місяці тому +2

      As a licensed mortgage broker and an an agent I don’t either!! But I do love the video and knowledge dropping. 🎉

    • @kozmospaces8032
      @kozmospaces8032 2 місяці тому

      As a licensed mortgage broker and an an agent I don’t either!! But I do love the video and knowledge dropping. 🎉

  • @dianaholmes7777
    @dianaholmes7777 3 місяці тому

    Great presentation. Thank you.

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thanks Diana! I really do appreciate the feedback.

  • @daqrealestate1
    @daqrealestate1 3 місяці тому

    Great info! Thank you!!!😊

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thanks for the feedback Deanna!

  • @billcunningham634
    @billcunningham634 3 місяці тому

    Great video!

  • @jasonfields302
    @jasonfields302 3 місяці тому

    Great video!!!!

  • @mashrealty
    @mashrealty 3 місяці тому

    Great video with good info. 👍🏻

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thanks for the feedback. I truly do appreciate it.

  • @nata443
    @nata443 Місяць тому

    What does summary means in an offer?

    • @JimmyBurgess
      @JimmyBurgess  Місяць тому

      Nat, I believe what Andrew was talking about is an overview of the offer that summarizes what is in the offer to make it easier for the listing agent to get a quick understanding of the main parts of the offer. Thanks! Jimmy

  • @LivingAlabamaBeachCommunities
    @LivingAlabamaBeachCommunities 3 місяці тому

    I thought you can only get a re-issue rate for title insurance if the seller purchased the home less than 5 years? Is he referring to something else?

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      That is my understanding as well Chad and Jeni. By the way, I love the Eastern Shore. I went to college at The University of Mobile and we played our college golf tournaments at The Grand Hotel.

  • @karensteffes-cedarvalleyre7174
    @karensteffes-cedarvalleyre7174 3 місяці тому

    How can I get the worksheet? Who is Sheronn that you speak about,

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      You can email me at jimmyburgessrealtor @ gmail dot com. Sharran is Sharran Srivatsaa, President of Real Brokerage.

  • @Cgoodgame1
    @Cgoodgame1 4 місяці тому

    Is the new Buyer's Agreement available?

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Every state is different.

    • @s99614
      @s99614 3 місяці тому

      For Maryland.

  • @LivingInTheGoldenIslesOfGA
    @LivingInTheGoldenIslesOfGA 3 місяці тому +1

    Anywhere we can get this written process?

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Cassie, email me at jimmyburgessrealtor @ gmail dot com and I will email it over to you

  • @perplexiglas1
    @perplexiglas1 2 місяці тому

    Love the violent sniper reference. Jesus.

    • @JimmyBurgess
      @JimmyBurgess  2 місяці тому

      Thanks for watching, Andrew. Appreciate your thoughts!

  • @HomesByStrand
    @HomesByStrand 3 місяці тому

    Hello, I am would like a copy of the 8-step process that Andrew went over, and I have emailed you a couple of times not to request it, if you can please let me know?

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому +1

      You can find the 8-step process in the video description. Here’s a direct link for you: jimmyburgessfreeresources.lpages.co/communicate-value-but-how-a-step-by-step-buyer-broker-presentation/

    • @HomesByStrand
      @HomesByStrand 3 місяці тому

      @@JimmyBurgess -Thank you so much! This video was amazing! & exactly what I needed!

  • @andreavandekleut6379
    @andreavandekleut6379 3 місяці тому

    my question is Do we even need a seller or buyers agent ?. sellers do it al the time. before NAR buyers and sellers did it among themselves.

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      That's the question I believe. We've had FSBOs forever and it accounts for about 6% of sales. Will the buyer side be similar or more?

  • @Keepswimmingkeepswimming
    @Keepswimmingkeepswimming 3 місяці тому

    GOLD
    THIS IS GREAT

  • @amynelson6910
    @amynelson6910 3 місяці тому

    Now how do I find a buyers agent like that??

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      When you figure that out, please let me know.

  • @MarilynG769
    @MarilynG769 3 місяці тому

    Thank you so much!

  • @RobSellingSoCal
    @RobSellingSoCal 3 місяці тому

    So good! A lot of great tips on how to communicate your value. Let’s Fucking Go!!

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thanks Rob! I truly appreciate the positive feedback.

  • @reesepurintonrealestateagent
    @reesepurintonrealestateagent 4 місяці тому

    Great information, than you.

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thanks Reese. I emailed over the requested info from Andrew.

  • @maxwellstevensmaxwell.real3218
    @maxwellstevensmaxwell.real3218 4 місяці тому +1

    Phenomenal

  • @OneStopTC
    @OneStopTC 3 місяці тому

    Reminder - even in a training outside of your brokerage - DO NOT USE NUMBERS when talking about how you will be working with clients. Lots of great info, but that is a big one that DOJ is watching for/collecting for their case right now.

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thanks for the feedback.

    • @foreverpeace5951
      @foreverpeace5951 3 місяці тому +1

      Hi, can you explain please what numbers you are talking about that we can’t mention to a client?

    • @OneStopTC
      @OneStopTC 3 місяці тому

      @@foreverpeace5951 in any social media/group outside of your own brokerage you do not want to discuss the numbers you would be negotiating with a client for commission - considered potentially anti-trust. Discussions within your own brokerage/with a client are different.

  • @jc51373
    @jc51373 3 місяці тому +2

    No lender will want to work with you if you're shopping "their" value with every transaction. I get it but in the real world relationships are important to helping your client as well.

  • @Newsinrealestate
    @Newsinrealestate 3 місяці тому +1

    Did I miss something? Where did you talk about the buyer paying you all that money to be represented??????

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      That was not what the focus of this video was on. Sorry for any confusion.

  • @DebbieSagorinRealtor
    @DebbieSagorinRealtor 3 місяці тому

    What is the name of the book he recommended?

    • @andrewundem2237
      @andrewundem2237 3 місяці тому

      Buyer agent be aware by Allan Dalton

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Buyer Agent Be Aware by Allan Dalton

  • @VulcanLogic
    @VulcanLogic Місяць тому

    In my market (SoCal), the suckers who just nod and go with the seller's dual agency (legal in California) are losing on average $50k in sold price on a $1.7 million average list, far more on the higher listings which is in and of itself a deep buyer's market. $50k on $1.7 million is barely 3%, which literally NO ONE charged as a buyer's agent before NAR.

    • @JimmyBurgess
      @JimmyBurgess  Місяць тому

      Thanks for the feedback. I think one of the biggest issues with this is trying to regulate or educate people from such diverse markets.

  • @Rodriguezhomeloans
    @Rodriguezhomeloans 3 місяці тому +1

    To all the agents listening to this. Do not tell a buyer I guarantee to get the lowest interest rate!?? So you’re going to save the customer $12 on their mortgage payment and screw the lender out of feeding their family , but I’m going to charge you 3% or $9000 on a 300k purchase to open a door for you!!??
    Instead , tell the buyer you vet out the best lenders in the market. They have great rates, they’re professional and they will close on time. Because I work with the best.
    If you’re so concerned with saving them $12 on their payment, why don’t you drop your commission to 1% and save them $6000? Learn how to sell.

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Good point and thanks for the feedback.

  • @lapdog4135
    @lapdog4135 3 місяці тому

    If you're forcing buyers to sign agreements for 2%-3% commission fees then the Listing agents will not get 5%-6%, that will be cut in half.

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Lots of moving parts here. The key is to find an agent that clearly shows they are worth the potential commission the buyer will be paying for or decide to represent yourself.

  • @yourmortgageadvisor7684
    @yourmortgageadvisor7684 3 місяці тому +4

    So you want realtors guaranteeing lowest rates and fees, and help the buyer find that lender? How about we tell the buyer to find a cheaper realtor? Stay in your lane.

    • @FirstCommerceFinancial
      @FirstCommerceFinancial 3 місяці тому

      @@yourmortgageadvisor7684 👏👏👏

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      We truly do need each other. Please understand, if you have a buyer prospect I would greatly appreciate you giving me a shot even if I had to compete with other agents. I apologize if it came across in a way that offended you.

    • @yourmortgageadvisor7684
      @yourmortgageadvisor7684 3 місяці тому

      @@JimmyBurgess I am a follower of you and often forward your videos to agents I work with. Your guest was pretty clear that he is vetting out lenders for the best deal. I appreciate the sentiment, but again, how would he feel if his loan officers were sending clients to other realtors, based on price.

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      @@yourmortgageadvisor7684 I completely understand

    • @danisefields8440
      @danisefields8440 3 місяці тому

      @yourmortgageadvisor7684 our preapproved buyers mind you. My clients do not mind paying for good service.

  • @theinvestor_agent
    @theinvestor_agent 3 місяці тому

    Lol yes we listing agents want buyers agents coaching us how to deliver your offer

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Thanks! Glad you found it helpful.

  • @seminole2001
    @seminole2001 3 місяці тому +3

    Hmmm. Waste an LO’s time to make sure you are good to go to buy, then immediately shop that client out to multiple lenders. Hmmm OK. Well then us lenders are going to shop anyone you want us to pre-approve to multiple buyers agents to get them the lowest commission charge that they have to pay as of 8/17/24 as we also have a duty to our borrower. Right? After all 2-3% on 500k, that they may have to pay out of their own pocket is a largest closing cost!
    Also, you can’t guarantee a price on a service you don’t offer.

    • @KathysellsCalifornia
      @KathysellsCalifornia 3 місяці тому +1

      Oh give me a break..... you shop us agents too....

    • @abenovy-realtor
      @abenovy-realtor 3 місяці тому +1

      You have a duty to you borrower? So, you sign an employment contract and follow a code of ethics to act as their fiduciary?
      I'd love to see that employment contract.

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому +3

      I think you're missing the point. I would love for a lender to send me a prospect and I would completely understand if they told me that they would be interviewing other agents. Please don't take this the wrong way. We need each other.

  • @Jorgejimenez-xc8sp
    @Jorgejimenez-xc8sp 3 місяці тому +1

    Much easier to train yourself to get listings. The legal liability just went thru the roof for buyer's agents.

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Jorge, I agree. Listing are still the name of the game if you are looking to build a sustainable business.

  • @chatitacisneros4835
    @chatitacisneros4835 3 місяці тому

    Can you pls send me the recording?

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Absolutely! Email me at jimmyburgessrealtor @ gmail dot com and I will send it over to you

  • @ronb8052
    @ronb8052 3 місяці тому +2

    These are wonderful points, but the changes on August 17 will throw a monkey wrench into the whole industry. We'll see how many agents survive.

    • @JimmyBurgess
      @JimmyBurgess  3 місяці тому

      Definitely going to be an interesting time to see who adjusts. As with all change, some will struggle to survive and others will thrive.

  • @RomaSF
    @RomaSF Місяць тому

    With all the listings online there is no value to pay buyers agent.

    • @JimmyBurgess
      @JimmyBurgess  Місяць тому

      Have to agree to disagree, but I do believe there is a portion of the buying population that are capable of buying on their own, especially if they do not have a professional agent that is bringing experience, value, and negotiation skills.

    • @RomaSF
      @RomaSF Місяць тому

      @@JimmyBurgess I would agree on negotiation skills and add deep market understanding. I can correct my statement : "no value in average agent." And good one is hard to find of course.

  • @fasteddierocs
    @fasteddierocs 3 місяці тому

    Next

  • @aquaxd_fx_alt
    @aquaxd_fx_alt 3 місяці тому +1

    Do you need a thumbnail designer at your budget rate
    That you can easily afford