Agents & FiSBO®
Everyone needs to make money.
We are all adults here. If you (a real estate sales person) have a legitimate buyer that only wants to work with you, you are most welcome to bring them to any property under a "Buyers Agency Agreement". This means that you will charge the buyer a fee if they are the successful purchaser of a FiSBO® property. The REAA 2008 allows you to work this way and you are able to recoup the expenses incurred from your buyer under this method.
The other benefits to you is that you can show or vet any suitable property listed with any agency or marketing company without impacting the vendor or need to seek a conjunctional agreement with other agencies or need vendors agency agreement.
Your fiduciary obligation is also not compromised as it sits firmly with your client and not the vendor.
The vendor does not need to do any AML or sign an agency agreement or is liable to pay you a commission if your buyer actually purchases the property.
You may need to check with your sales manager or principal agent to make sure they are onboard with buyers agency agreements.
The only thing you need to do is disclose the buyer's details before visiting the property by email so the details may be added to the register for the vendors information.
That's fair isn't it.
Can agents advertise on FiSBO®
Short answer is yes.
We cant see any reason why we would want to exclude you from paying to advertise your listings and use FiSBO® to make your life easier. We want to be as opensource as possible, who knows where the future will take us. FiSBO® could be the next Trade Me, lol.
Can agents buy a FiSBO® Franchise?
Of course.
If you are truly looking for a USP and think the traditional model is on the way out give me a call as we have franchises available nationwide with non exclusive areas from just $40,000+GST
Why would we want to give up what we are doing to join FiSBO®?
There is so much uncertainty in the world right now and people are starting to wake up to what real estate salespeople actually do for the money they get paid. With so much competition between agents everyone is looking for the edge and to keep food on the table at the same time. Consumers are always looking for the best possible deal and FiSBO® is one of those deals that makes sense to them as they save thousands in fees per listing. You can choose to stay where you are and slog it out with the thousands of other agents doing the exact same thing or be part of change and focus on the fun stuff which is marketing. And be paid for your time and effort even if the house doesn't sell. There are things we don't do and automation does the rest.
Since you don't have to do cold calling as most of your leads are inbound calls, because people actually want to go to market with you, now might be a good time to make your next move and join FiSBO®
