If you’ve spent more than a few days looking at homes for sale in Jasper and the surrounding communities, you’ve most likely seen at least a handful of houses listed as FSBO (that’s short for For Sale By Owner). But what if you’re working with a REALTOR® and you find a FSBO you really like – can you still buy it? This guide explains.
Can You Buy a FSBO With a REALTOR®?
Before you read any farther, you should know that you should never buy a home without working with a buyer’s agent. Your REALTOR will be there to help you every step of the way – and they’ll save you a lot of time and money. That’s true whether you’re buying a FSBO home or one that’s on the conventional real estate market.
- 5 Bedrooms
- 5 Bathrooms
- 5,596 Sq Ft
- 0.890 Acres
3265 Foxridge Drive Jasper, Indiana
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Listing courtesy of Brenda Krempp from RE/MAX Local.
- 3 Bedrooms
- 4 Bathrooms
- 4,319 Sq Ft
- 1.600 Acres
1015 W 15th Street Jasper, Indiana
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Listing courtesy of Caroline Gobert from ERA FIRST ADVANTAGE REALTY, INC.
- 3 Bedrooms
- 2 Bathrooms
- 2,940 Sq Ft
- 14.820 Acres
1089 N 400W Jasper, Indiana
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Listing courtesy of Zach Holt from Whitetail Properties Real Estate.
- 4 Bedrooms
- 4 Bathrooms
- 3,906 Sq Ft
- 0.595 Acres
3289 St Charles Street Jasper, Indiana
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Listing courtesy of Annette Wigand from ERA FIRST ADVANTAGE REALTY, INC.
- 3 Bedrooms
- 2 Bathrooms
- 3,076 Sq Ft
- 1 Acres
3515 Villa Drive Jasper, Indiana
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Listing courtesy of Leanna Graves from RE/MAX REVOLUTION.
- 3 Bedrooms
- 3 Bathrooms
- 2,650 Sq Ft
- 0.780 Acres
3264 Lakeside Dr. Jasper, Indiana
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Listing courtesy of Larry Carpenter III from Carpenter Realty LLC.
- 4 Bedrooms
- 2 Bathrooms
- 3,490 Sq Ft
- 0.371 Acres
307 Newton Street Jasper, Indiana
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Listing courtesy of Tama Stemle from RE/MAX Local.
- 4 Bedrooms
- 4 Bathrooms
- 2,961 Sq Ft
- 0.294 Acres
333 Daisy Lane Jasper, Indiana
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Listing courtesy of Linda Schroering from CENTURY 21 SCHROERING REALTY.
- 3 Bedrooms
- 2 Bathrooms
- 1,650 Sq Ft
- 0 Acres
614 W 34th Street Jasper, Indiana
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Listing courtesy of Daniel Hoffman from HOFFMAN & MULLEN REALTY INC.
- 5 Bedrooms
- 3 Bathrooms
- 2,377 Sq Ft
- 0.346 Acres
1780 Sweet Gum Drive Jasper, Indiana
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Listing courtesy of Amanda Childers from Hawkins & Root Real Estate.
- 3 Bedrooms
- 2 Bathrooms
- 3,232 Sq Ft
- 0.520 Acres
3508 N 600 W Road Jasper, Indiana
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Listing courtesy of Caroline Gobert from ERA FIRST ADVANTAGE REALTY, INC.
- 5 Bedrooms
- 3 Bathrooms
- 2,730 Sq Ft
- 0.680 Acres
580 Riverside Drive Jasper, Indiana
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Listing courtesy of Jud Collett from Key Associates Signature Realty.
- 3 Bedrooms
- 2 Bathrooms
- 1,648 Sq Ft
- 0.340 Acres
4130 N Portersville Road Jasper, Indiana
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Listing courtesy of Gina Mehringer from F.C. TUCKER EMGE.
- 3 Bedrooms
- 3 Bathrooms
- 2,172 Sq Ft
- 0.460 Acres
1244 W 14th Street Jasper, Indiana
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Listing courtesy of Steve Lukemeyer from F.C. TUCKER EMGE.
- 4 Bedrooms
- 2 Bathrooms
- 2,168 Sq Ft
- 0.200 Acres
319 E 5th Street Jasper, Indiana
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Listing courtesy of Seth Yates from Key Associates Signature Realty.
You have nothing to lose by working with a REALTOR to buy a FSBO home (or any home, for that matter). Sellers typically pay real estate agents’ commissions; buyers don’t. That means someone’s in your corner, helping you without costing you a dime.
Related: Common house-flipping mistakes you should avoid
But when it comes to FSBO homes, you need to know that many sellers take that route so that they don’t have to pay a real estate agent’s commission. And some REALTORS don’t want to work with FSBO sellers, because they often end up doing the work the seller’s agent would have done (if the seller had hired an agent, that is) as well as their own work.
Though some FSBO sellers don’t want to pay real estate commissions, some are happy to pay buyers’ agents for bringing them a sale. You should talk to the seller and find out whether they’re willing to pay your agent’s commission (or you can let your REALTOR handle it for you).
Related: 5 easy ways to update your house before you sell
One thing to remember, though, is that you and the seller are liable for anything that goes wrong with the transaction. One of the main reasons people hire REALTORS is that there are so many legal forms that need to be filled out properly and filed; there are also precautions that agents take to protect their clients from unscrupulous parties and bad deals. If you’re going to buy a FSBO without a real estate agent on your side, you should hire a real estate attorney to help protect your interests. That way, you can at least keep yourself on the right side of the law.
Are You Thinking of Buying a Home in Dubois County?
Use our site to search homes for sale in Jasper, Dubois, Spencer, Martin and Davis counties, as well as all the surrounding communities. Unlike the “big name” sites out there, at Sell 4 Free Welsh Realty, our site is directly connected to our local MLS. We update it with new homes every hour.
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1919 Irvine Court Huntingburg, Indiana
3 Beds 2 Baths 1,562 SqFt 0.270 Acres
Listing courtesy of Carson Lowry from RE/MAX REVOLUTION.
3391 N Cedar Gap Lane Birdseye, Indiana
2 Beds 2 Baths 1,000 SqFt 1 Acres
Listing courtesy of Tony Bowes from RE/MAX REVOLUTION.
E CR 1075 S Road Holland, Indiana
4 Baths 39 Acres
Listing courtesy of William Daily from Midwest Land & Lifestyle LLC.