A couple of months ago I was approached by an agent at a different brokerage about including a listing I had on a list that could be given to buyer’s who attend all of the Sunday Open House’s so that we would all make sure that the buyer’s who came to each of our Open House ‘s would know about all of the other Open Houses that day.
I declined because I felt that I was there to sell my client’s property, that is my fiduciary responsibility. I was not there to sell the listings of other agents. This was not a question of not cooperating, this was not a question of not being friendly and this was not a question of not wanting to participate with everyone. This was a question that I was there to sell the listing I had to the buyer’s who came to my Open House. It does not help my seller to have a list of other Open Houses available to hand out.
I now read that the Real Estate Commissions in Maryland and DC have laws and that a real estate agent when doing an Open House for one of their sellers must pay 100% attention to that Open House and honor their obligations to their client. The Real Estate Commission in Louisiana has not addressed this.
Perhaps if a buyer comes to an Open House and makes a statement that they are not interested in that particular property it might be okay to then give them a list of other properties…. if I have a conversation with my homeowner and ask them if they have a problem with me giving a list of competing properties to the buyer’s that come to their Open House and if they have no problem it would be okay.
Selling real estate can be complicated at times.