Hey Buyers...Is your Realtor Trying to Hold you hostage? "

Join me as we talk about how Agents are Holding Buyers Hostage, without the Buyers even knowing about it...If you've signed a Offer to Purchase a Home in the Last 12 Months with a Real Estate Agent... You'll definite want to see this.,. Don't get Caught hostage!Hey, what's up everybody, Sean channels, 10 X real estatemarketing and coaching. Just want to reach out to you today. You know we weretalking to a customer that we helped over the weekend and we really sawsomething that really was a little shifty. And, you know, I don't know if youwould call it unethical. I just call it unprofessional. But I think it'simportant for a buyers out there to know about it. And it's really what'shappening is that there's so many people that are trying to make offers onproperties. Like we've been saying is that when we list a property for sale, weusually have 8, 10, 15 people that are interested in our property and we'll gettwo or three offers. So buyers have actually got a condition to figure out thatif they don't get their offering right away.And if they don't put a strong offer and they're just noteven going to go look at, so there are some agents out there and some agenciesthat are traditionally making practices of using what's called the buyer agencyagreement. And traditionally a buyer agency agreement is basically like alisting agreement in reverse. It's when you're actually hiring an agentspecifically one particular agent in specifically, and you're saying, Hey,whether you find me a house or I find a house on my own, I'm willing to pay youa commission because I feel as though you're going to do the right thing forme, and you're going to get out there and bust your home and try to find theperfect house for me in reality. That's may not be your best interest in amarket like this because in a market like this many times, the agents that arecontrolling inventory are the agents that are, are the agents you want to workwith.And in some cases, those properties are being held as anexclusive. And you're, you know, if your agent goes to go over there andrepresent you in many cases, they may not get access to it until it goes to amultiple offer situation, which inherently is going to cost you more money. Sohow, how did this pan out and how did, what did this look like? And why am Isaying, be careful you don't get taken hostage. So when you do a contract inthe state of New Jersey, at least we actually may contracts. We, we create acontract for the buyer in order to make the offer. And we actually do theactual contract as a realtor. And when you get that information, it used to be,I would go sit with you and I'll go through each document with you and youwould sign it.Now we're actually using electronic signing services,which I'm sure most people are aware of. And when the customer gets it, it's apacket of, let's say 30 documents that are actually saying, yes, I want tosell. I want to make an offer on this house. I want to make an offer. And oneof those documents is actually going to be in there and it's not always inthere, but this is what we saw and I'm not pointing fingers. I'm just sayingthat, you know what? I thought this was a little bit of an unethical practice.They actually had buried in the co in the contract, a buyer agency agreement.That was, that was actually set out for six months. So that we're agreement.That actually, it's a one page document that says from this date to this date,you're my hostage. And if you find a house or I find you a house, or somebodyelse finds your house, I still get paid.And the funny thing that when the buyer questioned it,because on this actual contract, the dates on...