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What if I Like a Home That
is "For Sale By Owner"?
You are aware that your Agent is a service
provider and is not paid until after the transaction is
completed. Buyer Agents are typically paid by sellers through an
agreement made between them and their Broker in which they offer
to share in the brokerage fee if we bring them a ready, willing
and able buyer.
And you are aware that it is in your best interest to be
represented by a “Buyer’s Agent” in order to be in a stronger
negotiating position on a home purchase. But the home you like
is "For Sale By Owner," you have options:
A Seller who is selling their home without the help of a Real
Estate Agent is typically trying to save some of the Brokerage
Fee they might have otherwise incurred. (Read more about what
our responsibilities are to our sellers at "Why choose our Team
to List Your Home"...) Remember that a Brokerage Fee is
typically divided into fees to market the home as well as those
to bring buyers to the home. It is not uncommon for a "For Sale
By Owner" to be willing to work with an Agent who brings them a
ready, willing and able buyer. Give your Agent the
opportunity to approach the Seller to negotiate in your best
interest if the Seller is willing to cooperate with a Buyer's
Agent. It will work out to your advantage to have an Agent
working for you.
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