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Updated over 6 years ago on . Most recent reply

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Devin Otway
  • Oakland, CA
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Etiquette - Turning Down a Buyers Agent

Devin Otway
  • Oakland, CA
Posted

Hi BP!

My GF and I are currently working on our first deal which happens to be out of state. We are currently in the process of reaching out to real estate agents in the area based on research, recommendations, etc. We have identified a handful of agents that seem like they would be a great fit.

My questions are: 

- When it comes time to 'choose' an agent, what is the best way to kindly turn down other agents that we have communicated with?

- Do agents assume that we are likely in conversation with other agents, but are hopeful they get our business?

- When is the best time to turn down an agent (after initial call, or later in the process)? i.e. If we have two agents sending us listings, have we gone too far without turning one of them down?

- @Agents - how would you prefer to be respectfully informed that the buyer has decided to work with someone else?

I want the agents I have connected with feel that I have been respectful of their time and guidance, even if I decide to work with someone else. Thanks!

Most Popular Reply

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Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
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Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
ModeratorReplied

"I've found another agent who is a better fit for my needs." No need to go into details.

However, if an agent has shown you a property, and you're interested in buying that property, you should buy through them or if they are super unresponsive and terrible, go through their broker to find an agent who can be more of what you need. It's not good form to have one agent show you a property and then buy with another agent.

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