Talk of The Villages Florida - View Single Post - FSBO question
Thread: FSBO question
View Single Post
 
Old 02-12-2011, 04:27 PM
logdog's Avatar
logdog logdog is offline
Veteran member
Join Date: Aug 2007
Location: The Village of Hacienda East
Posts: 948
Thanks: 0
Thanked 54 Times in 19 Posts
Default
Quote:
Originally Posted by taylor111947 View Post
I will be listing my house with a realtor by the end of the month. Meanwhile a friend of a friend would like to see the house today so I guess at this point it is a FSBO situation. How does it work if she brings a realtor? Although I can't imagine that she would, I just want a better understanding of the 'rules'.
We did a FSBO in New Mexico. Since we were listed in the MLS, we were obligated to pay 3% to the buyer's agent. Still a good deal since they did all the paperwork and handled the closing. Since you're not MLS, you could negotiate a "finders fee" below 3%. There are no hard and fast rules.
__________________
Netherlands, California, Quebec, California, Texas, Turkey, Minnesota, Panama Canal, California, Illinois, Turkey, Maryland, Germany, Florida, New Mexico, The Village of Amelia and now The Village of Hacienda East.