Scheduling Showings When You're Getting a Commission Rebate (2019) | Hauseit®
Scheduling Showings When You're Getting a Commission Rebate: https://www.hauseit.com/tips-for-seeing-a-home-without-an-agent/
Calculate Buyer Closing Costs in NYC: https://www.hauseit.com/closing-cost-calculator-for-buyer-nyc/
Many discount rebate brokers will expect you to do your own scheduling and to view properties by yourself, especially if you’re getting a significant chunk of the buyer’s agent’s commission. However, you’ll want to be very careful in doing this, even if you’re not getting a rebate and are simply trying to save your buyer’s agent some time.
Stop by open houses which don’t require an appointment. Open houses are by far the most preferred method to view properties. There is very little pressure from any party, and most actively marketed properties will host an open house for at least a couple of hours every Sunday. When you stop by, you can even list your buyer’s agents contact information instead of your own on the sign in sheet. This way, listing agents won’t be able to solicit you and add you to newsletters and mailing lists.
Schedule directly without immediately revealing that you’re represented. This is a bit sneaky of a tactic, but highly effective. You essentially contact the listing agent directly without discussing the status of your representation, if possible. If you don’t like the property once you’ve seen it, then there’s nothing to do anyway. If however, you do like the property and want to make an offer, you can introduce your buyer’s agent to the listing agent by email after the showing. In fact, there’s no harm in telling that listing agent that your buyer’s agent will be in touch during or at the end of the showing!
Ask your buyer’s agent to schedule on your behalf. This is the most time consuming (for the agent) but most traditional method. Since you’re already getting part of the commission that your buyer’s agent would normally earn, you should try to save your buyer’s agent some time by only asking for help scheduling listings that absolutely do not have an upcoming open house and which you really are interested in. Ideally, you should only ask for help scheduling second showings for properties you’re serious about after you’ve already seen it once by yourself.
Be discreet about your rebate arrangement. The last thing you’ll want to do is to tell the listing agent about your grand commission rebate plan. The listing agent will be furious to find out that not only is the buyer’s agent not doing any work (so far), that he or she is finding clients by offering what they view as a kickback scheme. Often times this can’t be avoided, especially if you are working with a broker who openly discounts or who offers rebates as their public business model.
Reduce Your Buyer Closing Costs in NYC: https://www.hauseit.com/hauseit-buyer-closing-credit-nyc/
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