Well Stinky, your friend might wind up thnking what you did was kind of "stinky" (sorry, I just couldn't resist). Seriously, you are under no obligation to work with your friend on a for sale by owner (fsbo).
Now, the fsbo might not want any involvement from an agent, so it might not even be an option for your friend to be involved. You might want to find that out, and then make your decision on how to proceed.
If you have some guilt about this (if your frieind has spent a lot of time working with you already), you can always ask your friend to help handle this for you, for a smaller commission, which can be factored into your offer. You won't be sorry that you had the guidance. And, as the process continues, I am sure you will be happy for the support and professional help.
If you really want to do it on your own, I am sure your friend will understand. If you were my friend, and you told me you found a fsbo, I'd give you a big smile ( while crying hysterically on the inside!) and wish you all the best !!!
And.... truthfully..... I'd mean it (once I got over the shock of the news). Life would go on, and I'd still be your friend.
The only thing I wouldn't forgive in a friend, is if they went and bought a house, out of the blue, from a different Realtor.
Good luck Stinky - hope all works out well for everyone involved.
Prudential NJ Properties