At a recent BICs meeting, the lack of professionalism in the marketplace was a common complaint.

#1. Listing agents not acknowledging receipt of offers for extended periods of time (e.g., 1 week, 3 weeks) was a common complaint.

Professionalism is a two way street so some listing brokerages recommended that buyer agents also increase their professionalism with communications (e.g., buyer agent telephones the listing agent to let the listing agent know the offer is coming and to discuss any potential delays by parties for issues such as deployment, medical/family delays, or even discuss that a party has been slow or difficult to communicate with easily).

Picking up a telephone for a conversation between agents and BICs and team leaders can help prevent upset parties and licensees. Upset people can lead to escalation into lawsuits, ethics complaints, and license law complaints. Solving problems can increase future repeat business and referrals.

Posted by: Byron King on 08/25/22 (This information is only accurate as of 08/25/22. You must contact SCR for updates and changes to this information after 08/25/22 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org)

This information is not legal advice. This information is intended only to provide general information and may not be relied upon as specific legal guidance. Legal counsel should always be consulted before acting in reliance on this information.