Allan,
It is true that many agents do not ask their buyers to sign a Business Relationship Agreement. And that is wrong. As professional agents, we are directed to present this document to you before we even show you homes on the market. I actually just wrote a blog about this last week, you should check it out by going to my profile and looking at my most recent blogs.
A Business Relationship Agreement states your rights as a consumer when working with an agent. It actually spells out how we represent you. I am certain that as a serious buyer, you are looking for a serious agent, correct?
If you do not want to sign this agreement then there should be only two reasons why...perhaps the agent presenting the agreement is not explaining it so that you understand it or you may not feel comfortable with this particular agent and would rather interview others until you have a good fit. Both are acceptable, however until you as the consumer sign this agreement, the agent should definitely not present any offers on your behalf. And the reason for this is because that agent will technically not yet be working for you.
If you have any more questions or need more clarification, please feel free to contact me at any time.
Carmel & Dale Archdekin
REALTORS
Coldwell Banker Preferred
223-225 Market Street
Philadelphia PA 19106
Office: 215.923.7600
Cell: 215.680.5998
EFax: 215.940.8207
http://www.cbpref.com
WINNER OF 2008 COLDWELL BANKER ACHIEVERS SOCIETY AWARD
- Wed Nov 11 2009, 08:32