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Most "For Sale by Owners" (FSBO's) will cooperate in the sale of their property with a real estate agent.
Their goal in marketing the property without an agent's help
is usually to avoid paying the typical listing agent's 5% or
6% commission rate.
After placing their "For Sale by Owner" sign on the lawn, sellers may receive several calls from agents claiming to
have interested buyers. However, the agent usually asks the
seller to sign a listing agreement, securing a commission,
before presenting
any offer.
Since we never list properties, our goal in contacting
a FSBO is simply to find the best property for our buyer.
We do ask
sellers to pay us a commission of 3%. Most sellers agree
that our commission rate is fair, and by cooperating with us,
they
are assured that all legally required disclosures and requirements
are met.
We have enjoyed tremendous success in representing
our clients on "For Sale By Owner" properties. We work for our standard 3% commission and we ensure that all the
necessary legal documentation is handled properly for the
buyer's and seller's protection.
If you are selling as a
FSBO, we will gladly share that information with our buyer
clients. |
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