Quote:
Originally Posted by Jmiller176
I am about to buy a FSBO. I saw it advertised in the paper and went to the open house alone. However, I did have a Villages agent and MLS agent looking for houses for me. What is my responsibility to those agents as far as fees? Also how do I handle the closing? Title search, etc. Do I use The sellers lawyer or hire my own? Any advice greatly appreciated.
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Did you sign any agreements with the agents? If not, there is no fee. If you did, review the agreement you signed. I don’t know about here, but in Iowa a standard clause in the agents agreement requires the buyer to pay a fee even if they find the house themselves or through another channel. We always had that struck out, or used a different agent if they wouldn’t.