Home Selling in Gravesend>Question Details

NYCBrowser, Home Owner in Brooklyn, NY

On a FSBO (for sale by owner), what is financial obligation, if any, to sell to client with buyer agent?

Asked by NYCBrowser, Brooklyn, NY Thu Jan 24, 2013

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Bill Eckler-Florida,’s answer
BEST ANSWER
Interesting question.....

You must ask yourself if you really want to sell this property. An agent with a buyer that is ready, willing, and able to buy your home is one that WILL require compensation. This amount is one that they will have to negotiate with you as the owner. But if you are unwilling to recognize a fair compendation(3% of purchase price) you should probably not allow the home to be shown by an agent.

It would be most helpful to have a figure established in your mind prior to encountering this opportunity so that any agent witha buyer wishing to show your property would know your expectations up front.

Good luck,

Bill
1 vote Thank Flag Link Sat Jan 26, 2013
If you are dealing with buyers agents, who is protecting you as a seller? Asking questions on a real estate website is not enough. You need to contact an agent in your area to help you with this sale. In a FSBO situation both parties (buyer & seller) can't save the same dollar.
0 votes Thank Flag Link Sat Jan 26, 2013
It's best to make the agent earn their commission. Get yourself a sellers agent.
Fajardo Delacruz
Licensed Real Estate Agent
Century Homes Realty Group llc
Direct Line: 347-932-0609
0 votes Thank Flag Link Thu Jan 24, 2013
Dear NYCBrowser:

In order to answer this question properly, we need more details. Repost the question with more details or contact me direct and I would be more than happy to advise/assist.

Sincerely,
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com
0 votes Thank Flag Link Thu Jan 24, 2013
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