510,964
Working with FSBOs can be like walking a tightrope. You have to be very clear about your Agency and the fact that they are unrepresented. Be careful not to advise them or you will become their agent inadvertantly.
I just recently closed one while represeting a buyer. I had the escrow agent handle all paperwork and most communications. Even though we had no issues, it was important to avoid any implied agency.
-
Michael Jacobs
Pasadena, CA
-
Kris Collis, Associate...
East Stroudsburg, PA
-
Debe Maxwell, CRS
Charlotte, NC
-
Steve Higgins
Kelowna, BC
-
Georgie Hunter R(S) 58089
Haiku, HI
-
Susie Kay
Plano, TX
-
Pete Xavier
Pacific Palisades, CA
-
Diana Dahlberg
Pleasant Prairie, WI
2,401,675
Depends on what you consider going out of your way Peter Mohylsky, SoWal Is HOME. . If I saw a FSBO sign in a yard I would immeadiately drop them a letter in the mail that day. That's taking action but I would not call it going out of the way.
-
Michael Jacobs
Pasadena, CA
-
Kevin J. May
Hobe Sound, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Steve Higgins
Kelowna, BC
-
Susie Kay
Plano, TX
-
Pete Xavier
Pacific Palisades, CA
-
Diana Dahlberg
Pleasant Prairie, WI
6,422,418
Explain the importance of Agency, then sign a listing with him.
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Steve Higgins
Kelowna, BC
-
Susie Kay
Plano, TX
-
Peter Mohylsky, Destin...
Miramar Beach, FL
-
Doug Dawes
Topsfield, MA
-
Bob Crane
Stevens Point, WI
5,115,152
I stay away from FSBO's as much as possible.
-
Michael Jacobs
Pasadena, CA
-
Steve Higgins
Kelowna, BC
-
Susie Kay
Plano, TX
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Bob "RealMan" Timm
Minot, ND
-
Peter Mohylsky, Destin...
Miramar Beach, FL
-
Doug Dawes
Topsfield, MA
1,325,114
Will the seller pay you a commission if you bring in a buyer? Get it in writing. If so, why not? Sure, you will most likely do extra work to get the transaction closed. If it is worth your time and effort, go for it.
-
Michael Jacobs
Pasadena, CA
-
Kris Collis, Associate...
East Stroudsburg, PA
-
Debe Maxwell, CRS
Charlotte, NC
-
Susie Kay
Plano, TX
-
Diana Dahlberg
Pleasant Prairie, WI
-
Doug Dawes
Topsfield, MA
-
Nina Hollander, Broker
Charlotte, NC
2,221,927
I do not Peter.
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Susie Kay
Plano, TX
-
Peter Mohylsky, Destin...
Miramar Beach, FL
-
Doug Dawes
Topsfield, MA
-
Nina Hollander, Broker
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
2,189,272
No. If they want to be a FSBO that is their right. If they wanted my help they needed to sign a listing agreement.
-
Michael Jacobs
Pasadena, CA
-
Kris Collis, Associate...
East Stroudsburg, PA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Pete Xavier
Pacific Palisades, CA
-
Diana Dahlberg
Pleasant Prairie, WI
962,883
I work with them all the time. My wife owns an FSBO marketing company so they often contact me if they are having issues or need some guidance. I offer them choices. The last choice I offer them is to pay me a commission after closing. I want to be paid for my time, knowledge and expertise, period. I will do a short no-cost consultation, then they need to start paying me for my services. I offer them an hourly fee for services option, flat fee engagements, or real estate consulting. Listening to their needs then customizing a solution is my differentiating niche. During the consultation, I provide them a Needs Analysis tool to help them determine what they really need or want. I typically never shut down their questions as I want to build a relationship with them. If they do not have the cash to pay for my services, I will refer them to a traditional real estate compensation broker/agent.
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Susie Kay
Plano, TX
-
Pete Xavier
Pacific Palisades, CA
-
Diana Dahlberg
Pleasant Prairie, WI
1,202,247
Not unless I have an agreement with him for a 3% commission for bringing the buyer
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Steve Higgins
Kelowna, BC
-
Susie Kay
Plano, TX
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
4,272,934
We have an addendum that covers that and also justifies consulting fees if necessary. ..
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Steve Higgins
Kelowna, BC
-
Susie Kay
Plano, TX
-
Mel Ahrens, MBA, Kelly...
Hood River, OR
-
Doug Dawes
Topsfield, MA
679,404
I treat all people ... buyers, sellers, FSBO as I would want to be treated. I also explain how I get paid.
-
Michael Jacobs
Pasadena, CA
-
Kris Collis, Associate...
East Stroudsburg, PA
-
Debe Maxwell, CRS
Charlotte, NC
-
Steve Higgins
Kelowna, BC
-
Bob "RealMan" Timm
Minot, ND
2,194,706
It may be a sign that he is FAILING
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Bob Crane
Stevens Point, WI
536,943
List his home then sell it and he will be much happier.
-
Michael Jacobs
Pasadena, CA
-
Kevin J. May
Hobe Sound, FL
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
4,583,484
Why would you want to work with anyone who " slightly frustrates" you?
-
Kevin J. May
Hobe Sound, FL
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Steve Higgins
Kelowna, BC
3,590,091
Peter I recently had a client ask me to check into a FISBO. The only way to contact hin was via a hotmail email address. I'm still waiting 3 weeks later. And of course, the guy is way overpriced anyway. My client moved on.....
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Susie Kay
Plano, TX
921,504
My only response to a FSBO who CALLS me is "I need you to sign my compensation agreement FIRST. Yes, the compensation reflects my need to manage both sides.
"Do you have a buyer?" they respond.
"Of course I do. However there are ISSUES."
"Well what are they?"
"Knowing and fixing those things is why an agent is paid."
Yep, I do go out of my way.
-
Kris Collis, Associate...
East Stroudsburg, PA
-
Bob "RealMan" Timm
Minot, ND
-
Pete Xavier
Pacific Palisades, CA
-
Diana Dahlberg
Pleasant Prairie, WI
1,153,794
I'm confused, wasn't that the reason you contacted him in the 1st place?
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Diana Dahlberg
Pleasant Prairie, WI
1,506,613
I don't work with them.
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Ron and Alexandra Seigel
Carpinteria, CA
5,256,911
I won't help with his listing unless he hires me but, I sure have found a gold mine in scoping out FSBOs for my buyers! They pay me 100% of the time and 9 times out of 10, I am able to negotiate a fantastic price for the buyers.
Those who won't budge on price, well, we'll just find one who will!
-
Kris Collis, Associate...
East Stroudsburg, PA
-
Kevin J. May
Hobe Sound, FL
-
Bob "RealMan" Timm
Minot, ND
808,679
No I don't. If I show a FSBO I tell them up front I will be writing my commission into the offer if there is one.
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
1,554,227
I have not seen a FSBO in over 11 years here. I don't seek them out and I have not happened by one. But, I spoke to FSBO's very, very farnkly when I did market to them.
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
1,749,014
If he is calling you, then he should consider listing with you.
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
509,449
I've sold FSBO a few times as I had the buyers. Some can be unreasonable so it just depends.
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
5,243,218
Nope, unless he wants to list with me!
-
Michael Jacobs
Pasadena, CA
-
Pete Xavier
Pacific Palisades, CA
-
Bob "RealMan" Timm
Minot, ND
913,818
I don't go out of my way to deal with them, but I'll work with some of them now and then. Just depends how realistic they sound.
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
3,350,289
I do not work with FSBOs.
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
1,728,556
Something always for nothing. The guy sounds deperate. Lowball him, buy it yourself, then flip it.
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
7,869,102
5,772,593
We would not. Good luck. A
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
4,964,641