01-31-2007, 03:55 AM
"not cost you anything"???? Where do you think the money for the realtor comes from? It might be included in the price, but it's still coming from the buyer. And if the home is sold fsbo, the percentage won't be included.
I personally like have someone else do all the complicated paperwork, but it's hardly a bargain!
Stef, if someone is trying to sell FSBO (we call them "Unrepresented Seller"
in a Buyers market, 99% of the time it means that house is overpriced and it will cost the unsuspecting buyers more. Have you ever thought of how the seller determined the asking price without being able to access sold data? Have you ever thought of how the buyer would know what to offer without being able to access the sold data and other comps? How about later surfaced problems? The seller is long gone, who is the buyer going to go after? The truth is that there are many unqualified real estate agents who should not even be in the business, but if you have a good one representing you your life will be much easier before, during and after the transaction. The same is about the attorneys. I was in court last week when a client represented by an attorney lost a case against a real estate agent!
Aloha,
John S. Rabi, ABR,CM,CRB,FHS,PB
http://www.JohnRabi.com
Typically Tropical Properties
75-5870 Walua Road, Suite 101
Kailua-Kona, HI 96740
(808)327-3185
Edited by - John S. Rabi on 01/31/2007 08:12:02
I personally like have someone else do all the complicated paperwork, but it's hardly a bargain!
Stef, if someone is trying to sell FSBO (we call them "Unrepresented Seller"
in a Buyers market, 99% of the time it means that house is overpriced and it will cost the unsuspecting buyers more. Have you ever thought of how the seller determined the asking price without being able to access sold data? Have you ever thought of how the buyer would know what to offer without being able to access the sold data and other comps? How about later surfaced problems? The seller is long gone, who is the buyer going to go after? The truth is that there are many unqualified real estate agents who should not even be in the business, but if you have a good one representing you your life will be much easier before, during and after the transaction. The same is about the attorneys. I was in court last week when a client represented by an attorney lost a case against a real estate agent!Aloha,
John S. Rabi, ABR,CM,CRB,FHS,PB
http://www.JohnRabi.com
Typically Tropical Properties
75-5870 Walua Road, Suite 101
Kailua-Kona, HI 96740
(808)327-3185
Edited by - John S. Rabi on 01/31/2007 08:12:02