Can you get paid for doing nothing???

By
Real Estate Sales Representative with Long and Foster

Can buyers agents get their commission if they don't work for it?  I had a call over the weekend from someone who is possibly going to purchase my listing that I've had on the market since October2007!  My contract with my seller will be running out on May 31st so I really want to get this one sold!  The issue I have is the buyer is from out of state and can only come down next weekend.  She told me the agent that she will be using has her weekends booked with open houses.  I showed the home yesterday to her mother who was in town on business and I'm sure that this is going to turn into a sale for my seller!  The buyer's agent has yet to call me and I'm just wondering , if this agent is not really helping her client and I'm doing her work, do I have to give the other agent the commission that is stated in the MLS?  I have been an agent for 1 year now and haven't run across this issue until now.  Have you ever had an issue such as this and how did you handle it?

Cheryl the soldier's wife

 

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Rainer
11,028
Cheryl Lewis
Long and Foster

Sam, Like I was telling Kris, I understand what all goes into getting a buyer in the position to purchase a home and how long it may take to find them just what they are looking for.  I at least expect a phone call from this agent!  My main goal is to get this seller a sale!

Cheryl, the soldier's wife

May 19, 2008 07:32 AM
Rainer
11,028
Cheryl Lewis
Long and Foster

Steve, I'm sure it works the same way here and surely don't want to go through all of that!  I'm very grateful to have a buyer come forward! Thanks for the advice!

Cheryl, the soldier's wife

May 19, 2008 07:35 AM
Rainer
11,028
Cheryl Lewis
Long and Foster

Rob, I agree also!  I've already done an extension, but I think I will have a ratified contract next weekend!  Thanks for the support!

Cheryl, the soldier's wife

May 19, 2008 07:37 AM
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Cindy Jones
Pentagon, Fort Belvoir & Quantico Real Estate News
CJ Realty Group, Inc.

Procurring cause is a deep and complicated process in Virginia.  Trust me I know as I had an agent who showed one of my clients a home and when I wrote the contract on the property she filed for procurring cause.  We had a hearing and she lost.  So remember that one showing does not make a committment.  The agent should have a backup who can show the property for her or hold an open house.  Our contracts provide for a time period beyond the listing for us to be covered if someone sees the property and then buys within x number of days.  If she is coming down and viewing the property before the listing expires even if she writes a contract a week later you should be covered.  Good luck!

May 19, 2008 07:41 AM
Rainer
11,028
Cheryl Lewis
Long and Foster

Thank you Cindy!

Cheryl, the soldier's wife

May 19, 2008 12:24 PM
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Rainer
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Cheryl Lewis

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