Posted on March 24, 2010 by Rogue Agent

Definition:

Agents cutting other agents out of commissions and not representing their clients as they should.

Beware of these agents! Their numbers are small; however, the ones that do practice this are nothing but trouble. You will not be able to tell who they are by looking at them or by any specific mannerism; however, you will know them by their actions.

These agents are more interested in maintaining the entire commission than selling your home. If they happen to show their listed home to a buyer that comes without an agent, this agent believes they are the procuring cause and will demand referral fees from the absent buyer agent. Now, this agent does not realize or simply ignores the fact that the reason the buyer came to the house is due to the fact that the buyer’s agent has provided the buyer with home notification updates for that particular area. If the referral fee, is not relinquished the Cannibalistic Agent will then ignore the potential buyer. IGNORE THE AGENT OF THE BUYER. Read that again. IGNORE THE AGENT OF THE BUYER. Who is the agent helping the seller or himself?

As a seller its hard to determine if your agent is operating in this manner. However, the suggestion here by the Rogue Agent is for you to demand that the Selling agent provide a weekly list of everyone who has seen your home. Then demand that the seller agent provide written feedback from each potential buyer or buyer agent. If the cannibal is stupid enough to ask for feedback from the offended parties then the cannibal will be exposed. But that is highly unlikely, the cannibal is not that stupid. However, these simple steps at a minimum will force the cannibal to work a bit harder and may force it to think twice about screwing you or other agents.