Are You a BUBBA?
March 28, 2006 Everyone has heard of FSBOs (or Fizzbos or Fisbos - the spellings vary). A FSBO is a seller who is selling without a real estate agent. First, let me remark that the term ?FSBO? is just plain stupid. All houses are for sale by owner, aren?t they? It isn?t the neighbor selling the house, it?s the owner! So it is a better description to say that the seller is selling without representation.
So what do we call a buyer who is buying without representation? Well, there really isn?t term for them, but some of us call them BUBBAs ? Buyer Unrepresented By Buyer?s Agent.
How do you get to be a BUBBA? Visit a builder?s model home without your real estate agent in tow. Most builders will not pay your agent?s commission unless your agent goes with you on your first visit. You can still hire an agent to look out for your interests, but you?ll have to pay him or her out of your own pocket.
The same thing can happen if you go into an open house on a Sunday afternoon or if you call the listing agent directly to see a property.
So, if you don?t want to be a BUBBA, choose an agent before you start looking at houses.
It?s one thing to choose to be a BUBBA, but to end up one by accident is just a shame.
(C) 2006 Susan Pruden.
A lifetime Maryland resident, Susan Pruden has the ideal foundation for selling and buying homes. After 8 years working in just about every facet of the mortgage industry, and several years with her own company specializing in marketing for real estate agents, Susan got her real estate license in 1994. Susan has earned several industry awards. The CENTURY 21 Quality Service Pinnacle Award is based on reviews from Susan's clients and is earned by a very small percentage of agents. She has earned that coveted recognition since 2012
Two others were awarded by the Prince George's Association of REALTORS®. The Distinguished Sales Associate of the Year Award is based on a mixture of community involvement, association involvement and real estate education and designations. The other, the Distinguished Service Award, is for "exceptional meritorious service."
Susan is involved in her local community. She was named Cheverly Volunteer of the Year in 2018, even having June 25th designated "Susan Pruden Day" in the Town of Cheverly. She is also a Commissioner on the Prince George's County Historic Preservation Commission and President of the Cheverly American Legion Auxiliary.
Susan Pruden has lived in Cheverly lived with her husband, Joseph, for almost 30 years.
