How to USE and PRESENT a buyer's agency agreement
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- Опубліковано 29 вер 2024
- Now more than ever, Buyer's Agency Agreements are IMPORTANT. Do you use them?
In this session, we'll go over how to use them AND how to present them to your buyers. Are you nervous that they won't agree to work with you? Afraid to lose a potential client? The alternative can be much, much worse!
In fact, pending class action lawsuits could dramatically change the compensation structure for real estate agents. Tune in NEXT week when we discuss that (here's a good summary: www.t360.com/c...)
Register for our live Zoom here: bit.ly/3r9Lw2c
Join Tony Geraci and Mike Ferrante every Tuesday from 11:30-11:50 AM EST for FREE training and info on all things real estate.
If you miss it, watch on Facebook / 21miketeam or on the Podcast FREE Beer and Real Estate: www.buzzsprout...
Mike Ferrante from the 21 Mike Team and Century 21 Homestar is one of the top agents in Cleveland, Ohio, with about 500 transactions estimated for 2023. One of the top listing agents in Cleveland, Ohio, with a dominant presence on social media plus traditional marketing methods, the 21 Mike Team covers all of Ohio, expanding into Akron, Medina, Lorain, Columbus, Ohio. Mike also donates his time to provide education and training for other real estate agents, including State of Ohio-approved continuing education classes. Mike's focus is now on helping other agents grow their business by leveraging the assets of the 21 Mike Team, such as leads, admin support, training, branding, business planning, and more. Mike is a lifelong Ohio resident, earning a Bachelor's in Science from Heidelberg University in Tiffin, Ohio, and an MBA with a marketing concentration from the Weatherhead School of Management at Case Western Reserve University. In addition, Mike has experience in new construction, renovations, and property management.
Want to schedule a free, confidential appointment with Mike? ("Click here to schedule a 15-minute consultation with Mike: calendly.com/c...")
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The buyers will not want to pay a commission they will want to negotiate with the listing agent instead for a lower compensation. Also sellers will no longer obligated to pay the buyers agent's compensation so because of this it's going to make it harder for the buyer's agent to try to negotiate this agreement. 😢
I was looking for a video that explained this. Thank you!.
Thank you very much for this presentation. It was very helpful.
Glad you found it useful!
@@clevelandrealestate Hello, I was going to your channel. I enjoyed watching the videos on your channel. But very few people are watching those videos. If the viewers and subscribers aren't high, then your channel will not be nominated for monetization. There are many videos on your channel, but not many viewers have seen them because they are very far in the search rankings. As a result, the audience doesn't find it. If your video is SEO optimized, it will be at the top of the search engine. So, viewers will see SEO in your video, and you will understand the difference. Your videos do not have copyright protection; anyone can download them and upload them to their channel. so you need to protect your videos.
Do you have an updated video about this? What would be great an example of the consultation.
Hi Emma, SO many videos on this topic! I don't have one specifically on our updated presentation, but maybe consider subscribing and checking out these: ua-cam.com/video/C_V0_2AZfyQ/v-deo.htmlsi=JQhQj0-ss8oeK49U
ua-cam.com/video/lrA42PQ8CWs/v-deo.htmlsi=g-Nu0JDc3A4mADNh
ua-cam.com/video/PmYwglddA10/v-deo.htmlsi=2l-jwo6O-eQeGLKN
ua-cam.com/video/Syk1v3hCDAU/v-deo.htmlsi=cS397tG0PW7eGN_B
@@clevelandrealestate Thank you! Going to look at it now.
1. Explain they can cancel anytime if they are not happy with the way things are going.
2. Explain your value.
3. Explain how it is that you get paid exp, we pay for gas, time, etc. We are commison only. The one I like is, I am not guranteed anything. I have a booklet on what we do. I printed it and put it on a binder.
Hi Emma, our presentation is always evolving. We're now hyper-focused on the benefits to the BUYER of working with us. We certainly want to explain HOW we get paid, because many people just don't understand it, but we also realize that many don't really care. So we focus on how we help them, why we're valuable to them.
@@clevelandrealestate Right!
Thank you, I am learning a lot from your videos. This change is nerve wracking when you are not used to having to explain how you get compensated. .
Great info, thanks!
Im glad i didnt fall for this
What do you mean?