Talk of The Villages Florida - View Single Post - I am a bit wary of new buyer's agent forms when looking at homes in TV.
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Old 08-16-2024, 01:34 AM
margaretmattson margaretmattson is offline
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Quote:
Originally Posted by jmac1031 View Post
You stipulate the dates - the properties you identifyto the agent area, price, county, etc.(&whether FSBO etc) and area, a county, whether the seller is paying the compensation and not you, and the amount of the compensation! Be wary of boiler plate contract already filled in for you They wishful thinking on the part of the broker who create the forms. The point of the settlement everything is negoiatable. A form is required to see any properties in MLS. All agents will require it. No exceptions! Do some looking at open houses and feel out different agents for their requirements. A form is not required to attend an open house unless you start to negoiate on the home. Remember Realtors will not and should not have to work for free.
A listing agent is not working for free. The contract between the listing agent and the seller stipulates how much the agent will receive. Buyers agents must negotiate with their client or the listing agent /seller for compensation. If all are unwilling to pay, you cannot force them. Walk away and find someone who is willing to compensate you for your professional expertise. Selling real estate has changed. Those who are unwilling to accept the new way to do business should seek other employment

The OP is wary of signing the paperwork needed to simply view homes. If he is coerced to do so, (by agents refusing to show him homes he has interest in) his signature on the documents mean nothing. He can walk away from the deal at any time. Forcing anyone to sign something against their will is illegal. The seller, agent, or broker can try to sue but they will most likely lose.

IMO, there are many things in the new "required" buyer documents that seem sketchy. I expect someone to take the brokerage firms to court faster than you can say Jiminy Cricket.

Last edited by margaretmattson; 08-16-2024 at 02:30 AM.