Episode 5: No One Can Work for Free: Let's Educate Buyers

Written By Rebecca Green

Episode Summary

In this conversation, Rebecca Green and Kim Borcherding discuss buyer agency agreements and the changes that will be rolling out in the near future. They share personal stories and insights about buyer trepidation and the importance of having clear communication and understanding between buyers and agents. They emphasize the need for buyers to be educated about the buyer broker agreement and the role of the agent in the transaction. They also discuss the importance of experience, local expertise, and trust when choosing a buyer's agent.

"Clear communication and understanding between buyers and agents is crucial."

Key Takeaways

  • Buyers should be educated about buyer agency agreements and the role of the agent in the transaction.

  • Clear communication and understanding between buyers and agents is crucial.

  • Experience and local expertise are important factors to consider when choosing a buyer's agent.

  • Trust and a good fit in terms of communication style are also key considerations.

  • Buyers should interview potential agents and ask about their experience, understanding of the area, and their process for managing the transaction.

Timestamps

00:00 Introduction and Discussion of Buyer Agency Agreements
02:45 The Importance of Clear Communication and Understanding
09:46 Choosing a Buyer's Agent: Experience and Local Expertise
11:35 Building Trust and Finding a Good Fit
25:01 Interviewing Potential Agents: Questions to Ask

Rebecca Green
Next

Episode 4: How Was Your Q1 and What Are You Doing About It?