Discussion:
Home Buyer Beware...Realtors® Are Secretly Stealing Your Rights -- Public Service Announcement
(too old to reply)
Steve Horrillo
2006-03-29 12:23:50 UTC
Permalink
***************************************************************
Home Buyer Beware...Realtors® Are Secretly Stealing Your Rights
******************Public Service Announcement******************
***************************************************************
Better than 99% of all Realtors® have positioned themselves
to strip you of your right to representation from a buyer's
agent--representation from a specialist which could come at
no additional cost to you--just as a result of your going to
look at homes with them. (THIS IS EVEN TRUE OF OPEN HOUSES.)
You may find it hard to believe, but it's absolutely true.
Even if you live in a state where buyer agency is the default
relationship, your rights are in extreme jeopardy, as your
ability to make your own choices is being stolen from you,
without your knowledge, or consent.
To learn more about this theft...and to aid in protecting
yourself from becoming a victim of organized real estate's
http://www.real-reform.org/pcnonebas.pdf
If you have problems opening the file, you can download the
http://www.adobe.com/products/acrobat/readstep2.html
Soon, you are likely to see messages from Realtors® who will
be wildly spinning lies of omission, or half-truths, in an
attempt to remove your focus from the substance of what you'll
find in the free report.
As you consider their protestations, just keep in mind that the
way to remove all doubt of what is true, is to simply use
the consumer friendly form that you'll find within the report.
That's your ticket to freedom. That's your protection from
the ethically challenged who would silently shackle you
without your knowledge/consent.
Try talking a buyer into exclusive buyers agency. That's when they tell you
they don't want to give up their freedom of choice. I'm all for having a
contract when working with a buyer. In fact I wouldn't handle one without
it. It benefits both of us. Just try getting a buyer to sign a contract. I
don't think demonizing the traditional process is going to get you buyers
for you business but it's an interesting approach. Make them think that
having no contract is bondage and being under contract is freedom. LOL

If you truly were in it to help you would be listing buyer's typical
objections to signing an exclusive buyers agency contract, and teach
realtors how to overcome those objections. In reality far more Realtors get
burned by the buyer because they don't have a contract. Contract or not the
vast majority of agents I know who handle buyers are on the buyers side.

BTW - this in no public service announcement being that at the end you try
to solicit business from these buyers. You make it appear you are trying to
educate but it's clear that it's just a scheme to find buyers. You're on the
right track. Buyer's Agency is a good thing. You're just taking the low
road.
--
Warmest regards,

Steve Horrillo, Realtor / C.Ht. =^..^=
http://BrokerAgentTraining.com http://over100percent.com
Jay Reifert
2006-03-29 14:54:33 UTC
Permalink
As I said in the first message...
Soon, you are likely to see messages from Realtors® who will
be wildly spinning lies of omission, or half-truths, in an
attempt to remove your focus from the substance of what you'll
find in the free report.
That's really all that needs to be said to Steve Horillo. I've
provided all the information and ammunition necessary for
buyers to verify and escape the Silent Contract of Procuring
Cause.

And, if you'd like to know if I'm genuine, or not, just Google
me, Jay Reifert. Google David Barry. And, when you're
checking us both out, be sure and include the word antitrust
in there, too.

Your confusion comes in thinking I'm trying to help YOU, Steve.
I'm not. I'm trying to help buyers.

I won't be responding to many Realtors® in these forums, as
there simply will not be time, once their faithful have been
organized.

Nice attempt at misdirection, Steve.

Here's the web address for the report again:

http://www.real-reform.org/pcnonebas.pdf

Jay Reifert -- Fitchburg/Madison ****** http://www.real-reform.org
http://profiles.yahoo.com/jay_reifert ** http://www.true-agent.com
http://www.madison-real-estate.com

mailto:true-***@12345true-agent.com <-----------Remember to
remove the numbers from
the email address before
hitting send.
***************************************************************
Home Buyer Beware...Realtors® Are Secretly Stealing Your Rights
******************Public Service Announcement******************
***************************************************************
Better than 99% of all Realtors® have positioned themselves
to strip you of your right to representation from a buyer's
agent--representation from a specialist which could come at
no additional cost to you--just as a result of your going to
look at homes with them. (THIS IS EVEN TRUE OF OPEN HOUSES.)
You may find it hard to believe, but it's absolutely true.
Even if you live in a state where buyer agency is the default
relationship, your rights are in extreme jeopardy, as your
ability to make your own choices is being stolen from you,
without your knowledge, or consent.
To learn more about this theft...and to aid in protecting
yourself from becoming a victim of organized real estate's
http://www.real-reform.org/pcnonebas.pdf
If you have problems opening the file, you can download the
http://www.adobe.com/products/acrobat/readstep2.html
Soon, you are likely to see messages from Realtors® who will
be wildly spinning lies of omission, or half-truths, in an
attempt to remove your focus from the substance of what you'll
find in the free report.
As you consider their protestations, just keep in mind that the
way to remove all doubt of what is true, is to simply use
the consumer friendly form that you'll find within the report.
That's your ticket to freedom. That's your protection from
the ethically challenged who would silently shackle you
without your knowledge/consent.
Try talking a buyer into exclusive buyers agency. That's when they
tell you they don't want to give up their freedom of choice. I'm all
for having a contract when working with a buyer. In fact I wouldn't
handle one without it. It benefits both of us. Just try getting a
buyer to sign a contract. I don't think demonizing the traditional
process is going to get you buyers for you business but it's an
interesting approach. Make them think that having no contract is
bondage and being under contract is freedom. LOL
If you truly were in it to help you would be listing buyer's typical
objections to signing an exclusive buyers agency contract, and teach
realtors how to overcome those objections. In reality far more
Realtors get burned by the buyer because they don't have a contract.
Contract or not the vast majority of agents I know who handle buyers
are on the buyers side.
BTW - this in no public service announcement being that at the end
you try to solicit business from these buyers. You make it appear you
are trying to educate but it's clear that it's just a scheme to find
buyers. You're on the right track. Buyer's Agency is a good thing.
You're just taking the low road.
HELMER ZAPATA
2006-03-29 20:17:47 UTC
Permalink
After you explain to your client (buyers) all that, they are still going to
drop you in a minute if another agent gets them to make a deal with them.

Then you will wish you had an exclusive agency agreement.
Post by Jay Reifert
As I said in the first message...
Soon, you are likely to see messages from Realtors® who will
be wildly spinning lies of omission, or half-truths, in an
attempt to remove your focus from the substance of what you'll
find in the free report.
That's really all that needs to be said to Steve Horillo. I've
provided all the information and ammunition necessary for
buyers to verify and escape the Silent Contract of Procuring
Cause.
And, if you'd like to know if I'm genuine, or not, just Google
me, Jay Reifert. Google David Barry. And, when you're
checking us both out, be sure and include the word antitrust
in there, too.
Your confusion comes in thinking I'm trying to help YOU, Steve.
I'm not. I'm trying to help buyers.
I won't be responding to many Realtors® in these forums, as
there simply will not be time, once their faithful have been
organized.
Nice attempt at misdirection, Steve.
http://www.real-reform.org/pcnonebas.pdf
Jay Reifert -- Fitchburg/Madison ****** http://www.real-reform.org
http://profiles.yahoo.com/jay_reifert ** http://www.true-agent.com
http://www.madison-real-estate.com
remove the numbers from
the email address before
hitting send.
***************************************************************
Home Buyer Beware...Realtors® Are Secretly Stealing Your Rights
******************Public Service Announcement******************
***************************************************************
Better than 99% of all Realtors® have positioned themselves
to strip you of your right to representation from a buyer's
agent--representation from a specialist which could come at
no additional cost to you--just as a result of your going to
look at homes with them. (THIS IS EVEN TRUE OF OPEN HOUSES.)
You may find it hard to believe, but it's absolutely true.
Even if you live in a state where buyer agency is the default
relationship, your rights are in extreme jeopardy, as your
ability to make your own choices is being stolen from you,
without your knowledge, or consent.
To learn more about this theft...and to aid in protecting
yourself from becoming a victim of organized real estate's
http://www.real-reform.org/pcnonebas.pdf
If you have problems opening the file, you can download the
http://www.adobe.com/products/acrobat/readstep2.html
Soon, you are likely to see messages from Realtors® who will
be wildly spinning lies of omission, or half-truths, in an
attempt to remove your focus from the substance of what you'll
find in the free report.
As you consider their protestations, just keep in mind that the
way to remove all doubt of what is true, is to simply use
the consumer friendly form that you'll find within the report.
That's your ticket to freedom. That's your protection from
the ethically challenged who would silently shackle you
without your knowledge/consent.
Try talking a buyer into exclusive buyers agency. That's when they
tell you they don't want to give up their freedom of choice. I'm all
for having a contract when working with a buyer. In fact I wouldn't
handle one without it. It benefits both of us. Just try getting a
buyer to sign a contract. I don't think demonizing the traditional
process is going to get you buyers for you business but it's an
interesting approach. Make them think that having no contract is
bondage and being under contract is freedom. LOL
If you truly were in it to help you would be listing buyer's typical
objections to signing an exclusive buyers agency contract, and teach
realtors how to overcome those objections. In reality far more
Realtors get burned by the buyer because they don't have a contract.
Contract or not the vast majority of agents I know who handle buyers
are on the buyers side.
BTW - this in no public service announcement being that at the end
you try to solicit business from these buyers. You make it appear you
are trying to educate but it's clear that it's just a scheme to find
buyers. You're on the right track. Buyer's Agency is a good thing.
You're just taking the low road.
Jay Reifert
2006-03-29 23:54:12 UTC
Permalink
Helmer,

You're confusing matters. First of all, I never work without
a contract. The difference between me, and those who use
procuring cause to trap home buyers, is that my prospective
clients know from the point of our first contact, that they
are creating a contractual obligation to use me.

Not so with the silent contract created by Realtor® Procuring
Cause. The buyer does not know that the trap exists, until
they later decide to try and get representation. Also, at
least with the buyers that come to me, they are not being told
who represents whom, which further complicates the theft.

I assure you...my clients do not drop me.

Once again, here is the link to the brochure that gives all
the details about the ongoing theft of home buyer rights,
and includes the form that can help to eliminate that threat:

http://www.real-reform.org/pcnonebas.pdf

Thank you for choosing not to personally attack me in your
message, Helmer. Please understand that nothing in the
foregoing was meant to be a personal attack on you, either.

A great deal of what plagues our industry, buyerwise, is
that those who do the educating, have a viewpoint that
they wish to propagate. Seller centric real estate firms
control the Realtor® organizations...and they are the ones
that bend legislatures to their whims, whether with regard
to what gets disclosed...or how they teach rank and file
Realtors® to do things. It's a prime example of how power
corrupts, and absolute power corrupts, absolutely.

Jay Reifert -- Fitchburg/Madison ****** http://www.real-reform.org
http://profiles.yahoo.com/jay_reifert ** http://www.true-agent.com
http://www.madison-real-estate.com

mailto:true-***@12345true-agent.com <-----------Remember to
remove the numbers from
the email address before
hitting send.
Post by HELMER ZAPATA
After you explain to your client (buyers) all that, they are still going
to drop you in a minute if another agent gets them to make a deal with
them.
Then you will wish you had an exclusive agency agreement.
Post by Jay Reifert
As I said in the first message...
Soon, you are likely to see messages from Realtors® who will
be wildly spinning lies of omission, or half-truths, in an
attempt to remove your focus from the substance of what you'll
find in the free report.
That's really all that needs to be said to Steve Horillo. I've
provided all the information and ammunition necessary for
buyers to verify and escape the Silent Contract of Procuring
Cause.
And, if you'd like to know if I'm genuine, or not, just Google
me, Jay Reifert. Google David Barry. And, when you're
checking us both out, be sure and include the word antitrust
in there, too.
Your confusion comes in thinking I'm trying to help YOU, Steve.
I'm not. I'm trying to help buyers.
I won't be responding to many Realtors® in these forums, as
there simply will not be time, once their faithful have been
organized.
Nice attempt at misdirection, Steve.
http://www.real-reform.org/pcnonebas.pdf
Jay Reifert -- Fitchburg/Madison ****** http://www.real-reform.org
http://profiles.yahoo.com/jay_reifert ** http://www.true-agent.com
http://www.madison-real-estate.com
remove the numbers from
the email address before
hitting send.
***************************************************************
Home Buyer Beware...Realtors® Are Secretly Stealing Your Rights
******************Public Service Announcement******************
***************************************************************
Better than 99% of all Realtors® have positioned themselves
to strip you of your right to representation from a buyer's
agent--representation from a specialist which could come at
no additional cost to you--just as a result of your going to
look at homes with them. (THIS IS EVEN TRUE OF OPEN HOUSES.)
You may find it hard to believe, but it's absolutely true.
Even if you live in a state where buyer agency is the default
relationship, your rights are in extreme jeopardy, as your
ability to make your own choices is being stolen from you,
without your knowledge, or consent.
To learn more about this theft...and to aid in protecting
yourself from becoming a victim of organized real estate's
http://www.real-reform.org/pcnonebas.pdf
If you have problems opening the file, you can download the
http://www.adobe.com/products/acrobat/readstep2.html
Soon, you are likely to see messages from Realtors® who will
be wildly spinning lies of omission, or half-truths, in an
attempt to remove your focus from the substance of what you'll
find in the free report.
As you consider their protestations, just keep in mind that the
way to remove all doubt of what is true, is to simply use
the consumer friendly form that you'll find within the report.
That's your ticket to freedom. That's your protection from
the ethically challenged who would silently shackle you
without your knowledge/consent.
Try talking a buyer into exclusive buyers agency. That's when they
tell you they don't want to give up their freedom of choice. I'm all
for having a contract when working with a buyer. In fact I wouldn't
handle one without it. It benefits both of us. Just try getting a
buyer to sign a contract. I don't think demonizing the traditional
process is going to get you buyers for you business but it's an
interesting approach. Make them think that having no contract is
bondage and being under contract is freedom. LOL
If you truly were in it to help you would be listing buyer's typical
objections to signing an exclusive buyers agency contract, and teach
realtors how to overcome those objections. In reality far more
Realtors get burned by the buyer because they don't have a contract.
Contract or not the vast majority of agents I know who handle buyers
are on the buyers side.
BTW - this in no public service announcement being that at the end
you try to solicit business from these buyers. You make it appear you
are trying to educate but it's clear that it's just a scheme to find
buyers. You're on the right track. Buyer's Agency is a good thing.
You're just taking the low road.
Steve Horrillo
2006-03-29 21:41:11 UTC
Permalink
Post by Jay Reifert
That's really all that needs to be said to Steve Horillo. I've
provided all the information and ammunition necessary for
buyers to verify and escape the Silent Contract of Procuring
Cause.
And, if you'd like to know if I'm genuine, or not, just Google
me, Jay Reifert. Google David Barry. And, when you're
checking us both out, be sure and include the word antitrust
in there, too.
Your confusion comes in thinking I'm trying to help YOU, Steve.
I'm not. I'm trying to help buyers.
I won't be responding to many Realtors® in these forums, as
there simply will not be time, once their faithful have been
organized.
I train Realtors. When I practiced I only handled sellers and worked for a
FSBO company because I wanted to put Realtors out of business. It wasn't
until they paid for me to get licensed and I saw how the MLS out performed
the FSBO system that I saw there was something to it. You sound full of
resentment and IMO aren't thinking clearly. You're a Realtor too right? A
Realtor spamming the newsgroups, saying you're there to help buyers, then at
the end of your "public service message" you offer to give them a referral.
Don't you see how that might be perceived as a conflict of interest? At
least leave off the come on. A member of the public trying to selflessly
help buyers is one thing, but a Realtor trying to help buyers find buyer's
agents out of the goodness of your heart? I think you're underestimating
people's intelligence. Give up you license and find an unrelated job if you
want to play politics and be taken seriously.
--
Warmest regards,

Steve Horrillo, Realtor / C.Ht.
http://BrokerAgentTraining.com http://over100percent.com
Steve Horrillo
2006-03-30 11:08:09 UTC
Permalink
has consistently avoided talking about the issue...undisclosed
Procuring Cause
What's to talk about? Procuring cause is just common sense business
practice. It works the same way in any company that employs commissioned
sales people. The one who greets and gets the customer to buy gets the
commission. Simple as that. You're trying to make a big something out of
nothing.
--
Warmest regards,

Steve Horrillo, Realtor / C.Ht. =^..^=
http://BrokerAgentTraining.com http://over100percent.com
Jay Reifert
2006-03-30 15:06:17 UTC
Permalink
Common sense? To whom? Do buyers have any idea that they
are being obligated to use licensees on the basis of a
showing? Licensees who also are often failing to tell
these buyers what kind of choices the buyer has when it
comes to representation...and when they do tell, slant the
information so the buyer thinks it makes no difference?

Based on your comments below, you have ZERO understanding
of Realtor® Procuring Cause, PC. PC is a company to company
issue, not an issue within a company itself.

And, comparing PC to what happens when a buyer is browsing
at, say, a department store, where the buyer probably is
figuring that the salesperson involved is going to be paid
for his/her efforts, is completely different than what
buyers perceive as no obligation property viewings.

The crux of the matter is the undisclosed taking of the
buyer's rights. The only person who would think this is
a non-issue, is the person who benefits from the theft.

I'm quite certain that consumers, when they find out about
the concept, will have a different view than you.

The fact that you "train" Realtors® is perhaps the biggest
travesty of all in this whole discussion. Your mindset
is a perfect example of how, and why, the trap is perpetuated.

Once PC is required to be disclosed, you can rest assured
that the way buyers go about looking at homes--where they
now presume they are keeping their options open, but are
in reality they are losing their rights--will change. Buyers
will begin doing their homework, up front...choosing agents
according to what is best for them, as buyers.

Sure, it'll be a sad day for all you trappers, because it's
going to have a chilling effect on your "sales" but, at
least buyers will finally be getting the truth about the
process and will have the chance to make intelligent, informed
decisions.

The link, again: http://www.real-reform.org/pcnonebas.pdf .

Jay Reifert -- Fitchburg/Madison ****** http://www.real-reform.org
http://profiles.yahoo.com/jay_reifert ** http://www.true-agent.com
http://www.madison-real-estate.com

mailto:true-***@12345true-agent.com <-----------Remember to
remove the numbers from
the email address before
hitting send.
Post by Steve Horrillo
has consistently avoided talking about the issue...undisclosed
Procuring Cause
What's to talk about? Procuring cause is just common sense business
practice. It works the same way in any company that employs
commissioned sales people. The one who greets and gets the customer
to buy gets the commission. Simple as that. You're trying to make a
big something out of nothing.
Steve Horrillo
2006-03-31 01:16:24 UTC
Permalink
Post by Jay Reifert
Common sense? To whom? Do buyers have any idea that they
are being obligated to use licensees on the basis of a
showing? Licensees who also are often failing to tell
these buyers what kind of choices the buyer has when it
comes to representation...and when they do tell, slant the
information so the buyer thinks it makes no difference?
In Florida every agent must have the buyer sign a disclosure. It reads as
follows...

IMPORTANT NOTICE


FLORIDA LAW REQUIRES THAT REAL ESTATE LICENSEES PROVIDE THIS NOTICE TO
POTENTIAL SELLERS AND BUYERS OF REAL ESTATE.

You should not assume that any real estate broker or sales associate
represents you unless you agree to engage a real estate licensee in an
authorized brokerage relationship, either as a single agent or as a
transaction broker. You are advised not to disclose any information you want
to be held in confidence until you make a decision on representation.

FLORIDA LAW REQUIRES THAT REAL ESTATE LICENSEES OPERATING AS SINGLE AGENTS
DISCLOSE TO BUYERS AND SELLERS THEIR DUTIES. As a single agent,
______________ and its associates owe to you the following duties:
Dealing honestly and fairly;
Loyalty;
Confidentiality;
Obedience;
Full disclosure;
Accounting for all funds;
Skill, care, and diligence in the transaction;
Presenting all offers and counteroffers in a timely manner, unless a party
has previously directed the licensee otherwise in writing; and
Disclosing all known facts that materially affect the value of residential
real property and are not readily observable.
--
Warmest regards,

Steve Horrillo, Realtor / C.Ht. =^..^=
http://BrokerAgentTraining.com http://over100percent.com
Jay Reifert
2006-04-01 03:32:39 UTC
Permalink
That form still does not tell the buyer about the theft
created by Procuring Cause. Also, and you probably
didn't think I know this--but I know more about agency
laws than you have any hope of ever knowing--Florida
is actually going to remove the disclosure requirement
in the very near future! (Thank you very much Realtor®
PAC dollars and lobbyists. Sick. Sick. Sick.)

Part of the reason it is being removed, is because of
abysmal compliance rates with disclosure! What a
riot!!!!! Don't want to comply with the law...CHANGE
THE LAW!

Here's that brochure link again:

http://www.real-reform.org/pcnonebas.pdf

Find out how Realtors® are stealing home buyer rights and
also find out how to stop them.

Here's a good quote to end this message, from Laurie Janik,
General Counsel of the National Association of Realtors®,
"Realtors® and Realtor® associations have the right to lobby
for legislative and regulatory action that they support -- even
if the effect of such action would be anticompetitive."

Yep. If you don't like complying with the law, just change
it.

Power corrupts. Absolute power corrupts, absolutely.

Jay Reifert -- Fitchburg/Madison ****** http://www.real-reform.org
http://profiles.yahoo.com/jay_reifert ** http://www.true-agent.com
http://www.madison-real-estate.com

mailto:true-***@12345true-agent.com <-----------Remember to
remove the numbers from
the email address before
hitting send.
Post by Steve Horrillo
Post by Jay Reifert
Common sense? To whom? Do buyers have any idea that they
are being obligated to use licensees on the basis of a
showing? Licensees who also are often failing to tell
these buyers what kind of choices the buyer has when it
comes to representation...and when they do tell, slant the
information so the buyer thinks it makes no difference?
In Florida every agent must have the buyer sign a disclosure. It
reads as follows...
IMPORTANT NOTICE
FLORIDA LAW REQUIRES THAT REAL ESTATE LICENSEES PROVIDE THIS NOTICE TO
POTENTIAL SELLERS AND BUYERS OF REAL ESTATE.
You should not assume that any real estate broker or sales associate
represents you unless you agree to engage a real estate licensee in an
authorized brokerage relationship, either as a single agent or as a
transaction broker. You are advised not to disclose any information
you want to be held in confidence until you make a decision on
representation.
FLORIDA LAW REQUIRES THAT REAL ESTATE LICENSEES OPERATING AS SINGLE
AGENTS DISCLOSE TO BUYERS AND SELLERS THEIR DUTIES. As a single agent,
Dealing honestly and fairly;
Loyalty;
Confidentiality;
Obedience;
Full disclosure;
Accounting for all funds;
Skill, care, and diligence in the transaction;
Presenting all offers and counteroffers in a timely manner, unless a
party has previously directed the licensee otherwise in writing; and
Disclosing all known facts that materially affect the value of
residential real property and are not readily observable.
Steve Horrillo
2006-03-31 01:17:57 UTC
Permalink
Post by Jay Reifert
Do buyers have any idea that they
are being obligated to use licensees on the basis of a
showing?
No, they think they are doing it for the fun of it. Sheesh!!!
--
Warmest regards,

Steve Horrillo, Realtor / C.Ht. =^..^=
http://BrokerAgentTraining.com http://over100percent.com
Steve Horrillo
2006-03-30 11:49:44 UTC
Permalink
Stay on point, Steve. Let's
hear you defend the non-disclosure of procuring cause.
Why not start a thread on procuring cause rather than using buzz words like,
"secret" and "theft?" You're trying to toy with peoples emotions. IMO you
would have a better chance being taken seriously if you start talking like
an expert rather than a Buzz Marketing politician. While I understand you
think you've found gold in this procuring cause angle but it's not as you
are trying to present it.

I agree with you that only exclusive buyer's agency should be allowed. The
buyer's agent does most of the work and should be afforded some protection
beyond the impotent procuring cause rule. Yet this is a one sided view. You
need to understand that any industry in the world ultimately has to respond
to what the consumer wants. You're making it sound like Realtors don't want
their client to be contractually bound to them like the seller is. They
would love it if the buyer had no choice but to sign with someone. Doing all
the work then having another agent get the commission is one of the biggest
heart breaks there is for those that handle buyers. The fact is in practice
if given the choice the potential buyer will choose not to sign a contract
just to be shown some houses.

I understand your reasoning. Taking away procuring cause will take away any
shread of protection the buyer's agent has, in the hopes it will force the
agent to force the public into contractual obligation. All I can tell you is
I've been a consumer far longer than I've been a Realtor and I personally
would never put all my eggs in one basket with regards to finding a home.
Why aren't you telling the public the exclusive agent's "dirty little
secret?" That during the contract period they're stuck with you. That even
if they find a FSBO on their own they will owe you your commisssion.
--
Warmest regards,

Steve Horrillo, Realtor / C.Ht. =^..^=
http://BrokerAgentTraining.com http://over100percent.com
Jay Reifert
2006-03-30 15:17:33 UTC
Permalink
1) I have started a thread on Realtor® Procuring Cause. It's
right here and it will be archived on Google Groups, formerly
known as DejaNews. You are doing quite the job of immortalizing
yourself, Steve.

2) You keep using the words "exclusive buyer agency" in an
inappropriate fashion. If you work for a firm that lists
property, you can never be an "exclusive buyer's agent" ,
EBA.

There are less than 2000 exclusive buyer agents in the United
States of America. They, and their firms, only represent
home buyers. No seller representation. The only licensees
who can enter into "exclusive buyer agency" agreements, are
exclusive buyer agents.

Any other use of the terminology is a corruption, intended to
deceive. Oh, yes...you may lock a buyer into a contract,
with what you call an "exclusive buyer agency" agreement...but
you will also be locking them into a myriad of potential,
and real, conflicts of interest. (Most of which are never
disclosed.)

Not so with exclusive buyer agents who only represent home
buyers and have no loyalty obligations, at any level, to
sellers. We also do not have company created incentives
that benefit those who concentrate on putting together the
in-house transaction. (In other words, where the home that
the buyer's agent sells is also listed by the same firm for
which that agent works. Of course, disclosure of these
incentives are also never made to the buyers who have
chosen buyer agents from firms which also list property.)

That doesn't mean you can't be a buyer's agent. It just
means that there are substantial conflicts of interest,
both real--and potential--when buyers use buyer agents
from firms that list property. (These, of course, are not
usually discussed with buyers by the "buyer agents" in
these listing centric firms.

3) My clients are not trapped into using my service. They
know what they can expect from me, and what I expect from
them. They have the contractual ability to fire me, if I'm
not doing my job. They know, up front, that "for sale by
owner" properties are included, and they understand the
value I bring in that type of transaction, too. (Finding
the property is a VERY small part of what I do.)

The only trapping comes from folks like you who see no
problem with undisclosed Realtor® Procuring Cause stealing
away the home buyer's right to representation.

The link, again: http://www.real-reform.org/pcnonebas.pdf .


Jay Reifert -- Fitchburg/Madison ****** http://www.real-reform.org
http://profiles.yahoo.com/jay_reifert ** http://www.true-agent.com
http://www.madison-real-estate.com

mailto:true-***@12345true-agent.com <-----------Remember to
remove the numbers from
the email address before
hitting send.
Post by Steve Horrillo
Stay on point, Steve. Let's
hear you defend the non-disclosure of procuring cause.
Why not start a thread on procuring cause rather than using buzz
words like, "secret" and "theft?" You're trying to toy with peoples
emotions. IMO you would have a better chance being taken seriously if
you start talking like an expert rather than a Buzz Marketing
politician. While I understand you think you've found gold in this
procuring cause angle but it's not as you are trying to present it.
I agree with you that only exclusive buyer's agency should be
allowed. The buyer's agent does most of the work and should be
afforded some protection beyond the impotent procuring cause rule.
Yet this is a one sided view. You need to understand that any
industry in the world ultimately has to respond to what the consumer
wants. You're making it sound like Realtors don't want their client
to be contractually bound to them like the seller is. They would love
it if the buyer had no choice but to sign with someone. Doing all the
work then having another agent get the commission is one of the
biggest heart breaks there is for those that handle buyers. The fact
is in practice if given the choice the potential buyer will choose
not to sign a contract just to be shown some houses.
I understand your reasoning. Taking away procuring cause will take
away any shread of protection the buyer's agent has, in the hopes it
will force the agent to force the public into contractual obligation.
All I can tell you is I've been a consumer far longer than I've been
a Realtor and I personally would never put all my eggs in one basket
with regards to finding a home. Why aren't you telling the public the
exclusive agent's "dirty little secret?" That during the contract
period they're stuck with you. That even if they find a FSBO on their
own they will owe you your commisssion.
Steve Horrillo
2006-03-31 01:27:04 UTC
Permalink
Post by Jay Reifert
3) My clients are not trapped into using my service. They
know what they can expect from me, and what I expect from
them. They have the contractual ability to fire me,
How about posting a copy of you your contract so we can see what you're
talking about? If you're not willing to do that this is the last time I'm
going to take you seriously enough to reply to.
--
Warmest regards,

Steve Horrillo, Realtor / C.Ht. =^..^=
http://BrokerAgentTraining.com http://over100percent.com
Steve Horrillo
2006-03-31 01:32:29 UTC
Permalink
Post by Jay Reifert
It's
right here and it will be archived on Google Groups, formerly
known as DejaNews. You are doing quite the job of immortalizing
yourself, Steve.
I understand the workings of Usenet very well. You obviously don't, or don't
care. You are spamming newsgroups with a veiled sales pitch and are in
violation of your Terms of Service agreement. But you know that don't you.
Anyone who knows how to read the headers can see you are hiding the name of
your ISP.
--
Warmest regards,

Steve Horrillo, Realtor / C.Ht. =^..^=
http://BrokerAgentTraining.com http://over100percent.com
Steve Horrillo
2006-04-02 14:52:01 UTC
Permalink
You're a riot, Steve. My contract is a proprietary document,
built out of years worth of my research, experience and fine
tuning. Why don't you ask Coca Cola to post their secret
recipe here? I have no intention of putting it out here for
you, and your kind, to copy.
Now you're comparing yourself to Coca Cola. LOL. Every agent that dealt with
you and every buyer has a copy of your contract. It's no big secret. If I
thought you ever had any clients or dealings with agents I would ask them to
post it but that would be a long shot.

I figured you wouldn't let the public see how you try to trap buyers.
Legitimate agents use approved forms not home made ones. You're bad news
dude.
--
Warmest regards,

Steve Horrillo, Realtor / C.Ht. =^..^=
http://BrokerAgentTraining.com http://over100percent.com
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