In fair exchange for this service, ask the agent for a stack of business cards, and hand them out with a recommendation to any lookers who come to your house.
As for the pitfalls of going FSBO, I cover that extensively on my Web site.
For Sale By Owners, typically sell for much less than homes listed by a realtor.
It also helps you to limit your liability and gives you access to so much knowledge and resources that you as a non-realtor just don't have that can make or break the deal or make it a winner vs a loser for you.
Just a couple of easy questions that almost all realtors know, but sellers aren't always familiar with are:
Which type of financing nets you more money---FHA, VA, Conventional or a Cash buyer or does it make a difference? If the buyer wants to use FHA financing, will your home qualifiy? If you've signed the contract for the buyer to use FHA financing and your home doesn't qualify how do you cancel the contract? Which lenders in your area are known for closing on time and which never close on time? How can you tell if the lender is working on the financing? These are just a few of hundreds of questions a Realtor likely knows the answer to or has lots of resources to call upon at a moments notice to clarify, but you as a typical seller don't. Each business has it's own resources, knowledge and details. You probably are an expert at your industry and know lots of things we don't....but the same is true for our business. Could you wire your own home? Could you build a brick your own home? Could you roof your own home? Yes you probably could, but is Home Depot the cheapest place to get shingles or brick? What's the standard overlap, what's the difference between a 20-30-40 year shingle? Get the picture?
I am a local REALTOR and would be happy to sit down with you and discuss the pros and cons with you of going either way. I am familiar with the Weslaco area and the current market, so I believe that I can give you some helpful advise.
RE/MAX In The Valley
2) If anything should happen you are covered under the brokers e & o insurance policy therefore it would be the broker getting sued not you.
3) All homes for sale by owner as busy realtors go direct to the MLS, do you realize as a busy agent how many qualified buyers I have in my car that could possibly buy a for sale by owner property while we are in the area however we continue and drive past your home we don't have the time to make the calls, schedule and appointment convenient with the seller, and then try to due a contract with a seller that knows nothing about pricing a home, terms and conditions for the contract and etc.
4) Real estate agents qualify there buyers prior to showing a property, are you willing to open your door up to a total stranager allow them to walk thru your home. Many robbers see this is a GREAT way to get into your home determine what they can return for later when you are not there.
Just a few minor issues, look for a seller flat fee listing agents therefore it home is posted in MLS, you have the broker e & o insurance, listing agent has to represent you.