When I first entered the real estate profession back in 1994 I was told that in order to survive in this business you must become a listing agent. You must go after the listing; a listing is like money in the bank. So that is what all of us newbie's did, we went after the listing. Then one day I was asked to help out at a new construction development, which really meant "we need a warm body" to sit an open house. Being the new agent that I was I felt honored that they wanted me to sit the open house. I had so much fun interacting with potential buyers that buyers became my new obsession.
I (gasp) became a buyer's agent! Sure I still listed homes and was successful at it but buyers were my passion, my obsession, my addition. It was like being on a scavenger hunt or a treasure hunt when working with buyers. We "hung out" on the weekends or on weekday evenings, hung out getting our fix of homes on the market.
You don't spend that much time with sellers - buyers get to become part of your family. They know you and you know them. You know they like lemonade in their coke, you know they don't want pickles on a sandwich, you chat about neighborhoods and schools.
Buyers are fun!
In the State of Washington real estate professionals are bound by "The Law of Real Estate Agency". Please see section five ::
"Duties of a Buyer's Agent." Prescribes the additional duties of a licensee representing the buyer or tenant only.
DUTIES OF A BUYER'S AGENT.
(1) Unless additional duties are agreed to in writing
signed by a buyer's agent, the duties of a buyer's agent
are limited to those set forth in section 3 of this act
and the following, which may not be waived except
as expressly set forth in (e) of this subsection:
(a) To be loyal to the buyer by taking no action
that is adverse or detrimental to the buyer's interest
in a transaction;
(b) To timely disclose to the buyer any conflicts of
interest;
(c) To advise the buyer to seek expert advice on
matters relating to the transaction that are beyond
the agent's expertise;
(d) Not to disclose any confidential information
from or about the buyer, except under subpoena
or court order, even after termination of the agency
relationship; and
(e) Unless otherwise agreed to in writing after the
buyer's agent has complied with section 3(1)(f) of
this act, to make a good faith and continuous effort
to find a property for the buyer; except that a
buyer's agent is not obligated to:
(i) seek additional properties to purchase while
the buyer is a party to an existing contract to
purchase; or
(ii) show properties as to which there is no
written agreement to pay compensation to the
buyer's agent.
(2) (a) The showing of property in which a buyer is
interested to other prospective buyers by a buyer's
agent does not in and of itself breach the duty of
loyalty to the buyer or create a conflict of interest.
(b) The representation of more than one buyer by
different licensees affiliated with the same broker
in competing transactions involving the same
property does not in and of itself breach the duty of
loyalty to the buyers or create a conflict of interest.
In the current market buyers are gold! All those real estate agents that wouldn't work with buyers before sure are working with them now. The reason is it's a BUYER'S MARKET here in Kitsap County! You the buyer, the person in the driver's seat want to make sure you are working with a Buyer's Agent that is looking our for your best interest.
I want my buyers to be my best piece of marketing so I make sure that it is all about them - the buyer! What better marketing plan can you have then lots and lots of buyers running around town telling all their friends about "their Buyer's Agent"!
My buyers are my friends, they are my neighbors, they are my neighbor's friends and family and all receive total quality service from me.
