
08-06-2024, 10:59 PM
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Quote:
Originally Posted by retiredguy123
As I understand it, the buyer's and seller's agents don't get paid to do anything but to negotiate and execute a sales contract. Everything after that is the responsibility of the title company. They have lawyers on staff to make sure the title is clean and is transferred legally. When you sell a house as a FSBO, the title company will provide a FSBO package that has all of the forms needed to execute a sales contract, and they will take over from there.
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You are all wet! The buyer and selling agent do much more than negotiate an offer and execute a contract for sale. They are also responsible for making mortgage arrangements, making inspection arrangements and being there, double checking on insurance, getting repairs taken care of, and the final walk-through. These are a few things agents do! Most homeowners don't know how to do these things and if you place a call to find out any information, as the homeowner, they won't talk to you!
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