FSBO's are a little different. If the seller agrees to pay a Realtor a commission who brings him a buyer, then a listing agreement is not required as long as the Realtor is only representing the buyer. Instead, Realtors typically get the seller to sign a 1-time showing agreement which specifies at the minimum the seller, the property, the buyer, and the amount of compensation the seller will pay the Realtor if his buyer client closes on the property within a certain time-frame.
There are obviously more possible scenarios, but these are routine.
Other Realtor's may have something different. As Michael stated it is all negotiable.
I would be happy to help and if you would like to look up properties that are current you can use this link and of course call or email me with any questions.
Brand Name Realty
Let's assume you are the seller, and if the Realtor contacted you to show your land and talked to
you making the appointment he or she should also have asked you if you are cooperating with
Realtors, which Sellers usually do if a Realtor brings them a buyer and they buy the property, and
it is usually a smaller commission than the seller would pay to a listing brokerage, if on the other
hand the Realtor did not agree and put it in writing that YOU the seller will pay the Realtor a said
% of the sale price in commission, then hopefully that Realtor has a buyer representation agreement
with the buyer that will state if that was their agreement if their is a for sale by owner who is not cooperating with Realtors that then the buyer pays a said amount commission to his or her
And this can still be arranged before writing an offer if the parties agree to it.
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