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Updated over 6 years ago on . Most recent reply

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David W.
  • Investor
  • Los Angeles
117
Votes |
134
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Buy Side Rep Agreement - Should I Sign?

David W.
  • Investor
  • Los Angeles
Posted

So I am starting my search to help my gf find a medical office. I met with Marcus and Millichap and they have asked me if I can sign a buy side rep agreement. My first thought was NO as it is not fair for me to assume they are going to give me EVERY opportunity and possibility in the books in LA. 

I get that they don't want their potential buyers to go behind their backs but I then go up to the first point which to me is more important. You bring me the deal and I will take it but if the deal comes from somewhere else I'm not turning it down. 

What do you all think? Do you sign these? 

Most Popular Reply

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17,536
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30,322
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,322
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17,536
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Im speaking from an agents perspective.  I dont have buyers sign these (except in the states where Im legally required to do so), however if you are shopping around to get the deal from another source, Im also not going to work with you.  My time is valuable. I dont work for free. I only take on clients that Im 99% Im closing a deal with. You are likely going to find that any agent worth working with, is only going to work with you if they are getting paid. People who work for free, do so because their time isnt valuable.

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