What are YOUR responsibilities as a Referring Agent ?

Reblogger Gabe Sanders
Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

There's a bit more to a referral than just giving a name and phone number:

Original content by Sally K. & David L. Hanson 57026-90 Broker

  If you refer business to other agents ....make the call or send the email to the first agent who responds to your request...you can stop reading this post now...it's not for you. IF you are the agent who puts thought into who you refer...who follows thru and interviews more than one agent, please continue.  

    referral We are referred AND referring agents...and appreciate that agents we refer TO and WITH  communicate with us.  There are many scenarios that can play out during this long distance process...and we prefer the open, honest and thorough method of communication.

    First there is the...."Do you work in  X area and could work with X" kind of referral that comes to us. Working in eight counties: Kenosha, Racine, Walworth, Waukesha, Milwaukee, Ozaukee, Washington and Jefferson...the answer is often YES..but when it is a kind of property....i.e. a farm that we do not handle, we suggest another agent.   If as it often is, it is the kind of property we would list or BuyerBidder we would work with, we relate our background to the needs of the potential Seller or Buyer and let the agent decide if we are a fit for the person they are referring.  We let them know if it is a Seller, we may not be the "highest bidder"...we list to sell not to sit.  If the conversation continues with..."they have to have..." we are most probably not the right agents.  Or...if the property has been listed before..starting where they left off...at a price the market would not accept..probably not a good way to begin and one we would not opt to take as a referral.

     Communication   Communication is everything in every transaction. Being honest is another ... it should go without saying, as the referring agent...but not always the case.  If the referred client doesn't feel the referred agent is a fit...tell them...thank them for their time and move on and learn more about what IS the right fit.  The "misfit" may have been the price...or suggested changes to the property...while another agent may not suggest any changes and be a more "harmonious fit" which may sometimes matter to the bottom line received by a referred seller. Burning bridges is never a good idea...and not being honest may well kindle that kind of reaction...who knows the next time that agent may be a great fit ! 

     As the referring agent be sure all your paperwork is given to the agent...the form with agreed percentage and W-9 so the payment can be made smoothly upon closing.  

      We appreciate and enjoy referrals ...both giving and getting them in southeastern Wisconsin...open, honest communication and satisfied buyers new to the area or leaving the area for a new location, making the transition as easy as possible is important.

        If you or anyone you know is looking to move to OR from southeastern Wisconsin...call Sally K. & David L. Hanson, 414 525 0563, Broker Associates with Keller Williams Realty and we will be honored to be of assistance for all things real estate. 

Sally K. & David L. Hanson, ABR, CDPE, CSS, e-Pro,ILHM, REDS


home worth iconemail iconhome searchLinked In  facebook

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Best Practices

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
4,552,751
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Thank you very much, Gabe, for sharing this excellent reblog selection.

May 12, 2018 06:55 AM #1
Rainmaker
3,954,205
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for reblogging the post. I hope others will read it too 

May 12, 2018 01:56 PM #2
Rainmaker
241,406
FAJARDO DELACRUZ
Century Homes Realty Group LLC. - Flushing, NY

good post.

May 16, 2018 05:50 PM #3
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
4,197,490

Gabe Sanders

Stuart Florida Real Estate
Ask me about Stuart FL real estate
*
*
*
*
Spam prevention

Additional Information