Working with my first Buyer/ Friend any advice?

Question

A Friend of mine (who's an investor) gave me a call and offered me the job of being his agent. He's not in the same state (he's in SoCal I'm in Florida) but we are able to communicate effectively. Since this is my first customer and my coaches in the offices are not answering, I would like some advice on what steps should be taken to ensure everything is done the right way.

We found a property we're interested in but the realtor doesn't answer my emails or phone calls. I don't have Supra yet, so. I can't see the house on my own. Since my Buyer is not in Florida should I make a Showing Agreement? What would be the right contracts to make for this situation?

Ed S. · Answer

@Frank R. As of yesterday, I will eat, sleep and breathe everything Real Estate related, no matter the cost.

Persistence is key...

Gregory Emmer · Answer

See you tomorrow @Eduardo Suarez we'll be there with the big yellow sign.

Ed S. · Answer

@Gregory Emmer I will make sure to check it out. I also read your reply about DREIA on my other post and, well, I just signed up... I'm going with my notebook and three pens to get all the info I can. I hope too you there.

Gregory Emmer · Answer

@Eduardo Suarez If you are a Realtor, you can log into www.floridarealtors.org/ and find a buyer/brokerage agreement to ensure there is no competition between him and other agents.  Frankly, this should be in place regardless of whether your clients live near or far.  Just to make sure that your hard work is all for nothing.

Jacqueline Carrington · Answer

Oh gotcha, makes sense! I thought he was buying in FL. Then yes, get an exclusive buyer agreement signed with him before doing any work.

Ed S. · Answer

Im sorry, I forgot to mention a few things. Yes, he's in California but he's investing in Florida. Any transaction we do, will be done here.

Jacqueline Carrington · Answer

Are you licensed in California as well? Can't you do a referral?

Ed S. · Answer

@Maggie Lalor Thank you, just went to the store and bought some stuff that may help me get organized and ready for all future leads. And as for the Supra... on it right away.

Cheri Dressel · Answer

First you need to get a buyers agreement signed with your friend. This is a business. You need to get Supra access asap, it's only $15/month. With that access you can preview properties without needing to have contact with the listing agent. GOOD LUCK!

Working with my first Buyer/ Friend any advice?

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