If you use your realtor, the private seller is usually willing to increase the price of the home enough to give the realtor their 3% commission.
But if you do decide to make an offer on the house without a realtor, there are forms you can download to make the offer yourself (the purchase contract). I would thoroughly research this avenue first.
Be careful though.....I notice that homes listed for sale by owner are almost always more expensive than homes listed with a realtor. The owners are out to get every penny possible. Plus you are directly dealing with the owner, who is usually very attached to their home and will be greatly offended if you offer a more realistic lower price.
It would fall back on if you have a buyers agent relationship with your realtor. If you do not, then you are not obligated to that agent. If that is the case, I would still recommend being represented.
Good luck !
Others on Trulia will point out that you would still benefit from representation. Finding a property is only one portion of what a Realtor does. Negotiating, coordinating the details, assisting with the transaction are all important.
If you don't use a Realtor, you should have some professional representing you. A lawyer would be another option, though there are things that a Realtor knows how to do that most lawyers don't.
But, to answer your specific question, it depends on the contract.
If you are in an Exclusive Buyer Agency with a Realtor, the Realtor's agency does need to get paid when you purchase a home. I would have your Realtor contact the seller to see if they are willing to pay the buyer commission to your Realtor's company. If not, then it would be your responsbility to pay it at settlement depending on how your Buyer Agency contract is written. As a Buyer, you will still want your agent to represent you in the sale of this home as that's what you hired him to do. The seller has no representation and it would be in your best interest to continue to allow your Realtor to represent you. Your Realtor will be the one to write up the Agreement of Sale and to negotiate for you. I hope you find this information helpful to you. Best wishes :)
Without a signed agreement you can do what ever you want.I still advice you to use the realtor for this transaction and remember commission rates are negociable.
If a home is priced right there is room for a commission to be paid without raising the contract price above the market value. If no commission is being paid, then that home is worth less to the buyer, just as if there were no garage, or no fireplace.
A FSBO is trying to save money; if you buy from a FSBO you are trying to save money. You can't both have the same dollar, so why not let your agent go to work for you and get you the home at a price and with conditions that are in your favor?
Eileen's Green team
It would be in your best interests to continue through this process with the support of your agent. Many FSBO's will entertain a buyer that is represented by an agent. Keep in mind, with out the support of an agent this arrangement could leave you very vulnerable to whatever might happen.
Our advice, don't ditch your agent.....you probably need one more today than ever.
You never "have" to do anything, but you probably took great care in choosing who you would work with, and I'd trust that first instinct. There's so much information available, that you could have opted to go it alone from the very beginning, but you didn't. There's something to be said for that.