Signed Exclusive Buyers Agency

1 Reply

Hi. I have been in real estate for about 1.5 years now. I am currently on a team as a buyers agent and have been since January. I am taking all the necessary step of getting buyers appt., preaproval letter and then exclusive agency signed. I have had a fair amount of successful closing and happy relationships with my buyers. But I do have a few clients that will go through all 3 steps and then I will show them houses, send them listings and even prospect but yet they  go silent and disappear. Is this just part of the business? At what point do I stop wasting energy on them and move on? Does anybody know percentages of clients that disappear vs actually buy? I just want to make sure that if I need to change something I do or maybe it's not me. I feel like these particular clients are the type that are not first time home buyers and just do all the steps so you set them up to receive listings and drive them to the homes that particular day. Any suggestions or experiences would be greatly appreciated. Thanks so much!

Interesting to hear your side of it. My experience has been that agents tend to flake out and disappear. I'm not an agent myself, but you could always attempt to gather feedback from your clients as a way to gauge how you're doing things. Or cut off their lists after so many days of no contact (and put it in your contract)? Just a thought. Part of me thinks this is just part of the game.

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

Lock We hate spam just as much as you

Create Lasting Wealth Through Real Estate

Join the millions of people achieving financial freedom through the power of real estate investing

Start here