Thanks to Lenn Harley for a typically cogent point:
You should be talking to your broker, not hanging out at the AR coffeeshop, or over on Trulia, or etc for brokerage practice advice.
I would add: If you think you can't talk to your broker. Find a broker you CAN talk to. Or BE the broker.
Then read all of the comments. By the time this hits the dashboard, there should be about 200 comments. (There are 202.) Now I know that Bryant's posts generate and deserve a large number of comments. However, when I read the comments to his post, a few things were clear and a bit disturbing.
What I observed in so many posts and comments to Bryant's article is that many, far too many agents operate their business based on:
- what they think,
- how they feel about something,
- what someone said.
WHERE IS THE BROKER? What I see throughout this thread of comments is the sad lack of oversight and supervision on the part of brokers and/or managing brokers or office managers.
WHERE IS THE TRAINING? The matter of taking a post dated listing isn't new. Unless it violates a state license law, how to handle contacts from consumers with active listing contracts should be covered in post license training. This is training that every agent should receive from their broker within the first month of obtaining a license to practice real estate sales.
Most questions about real estate practices are covered by:
- 1. License law in your state.
- 2. Code of Ethics.
- 3. Brokerage Policies and Procedures.
Serious problems are avoided when agents are trained and supervised. Of course if there is a question, agents should be trained to ask their broker.
I would hate to think that an agent for whom I have supervisory responsibility and for whom I have the risk associated with their acts would get opinions of how to respond to any real estate situation from members of a real estate online network (no matter how good), friends, relatives, other agents in the company or real estate acquaintances.
BROKERS. ARE YOU ACCESSIBLE? Brokers who are not accessible run the risk that their agents will obtain advice from others who may or may not be knowledgeable.