Working With A Real Estate Broker

I own several properties out of my area, so decided to list them with another broker. I don’t feel comfortable working outside my area of expertise.

I have received quite an education……I’m thinking it should be mandatory for real estate agents/brokers to actually have a working relationship with another broker where they are the client. This certainly gives a new perspective on the broker/client relationship.

First of all, I have always been reluctant to contact my client(s) unless I have something specific, either negative or positive to tell them.

I have discovered I like hearing from my agent, even if it just to say hello. The personal contact is important. Of the three agents I hired, only one responded without my having to make an inquiry.

I have always found it awkward to relay to clients what I have been doing for them, especially when it didn’t produce the results I was hoping for. I never want to appear as if I’m bragging.

I found I liked hearing “what they were doing”. At least I knew they were trying new things and actively working to sell my property.

Two of the three agents I listed with never provided any information or contacted me after the initial agreement was consummated. Each time I had to be the initiating party for any communication.

Never Assume Anything! One of my listing agents told a potential buyer that the AITD loan I was suggesting was illegal and might be a criminal act! An AITD (all inclusive trust deed) is explained in detail in the Real Estate Finance Class that licensees are required to take.

I will never in the future worry about having too much communication with clients.