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
- 6 Bathrooms
- 5,748 Sq Ft
- 8.870 Acres
1700 N Newton St. Jasper, Indiana
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Listing courtesy of Larry Carpenter III from Carpenter Realty LLC.
- 4 Bedrooms
- 4 Bathrooms
- 5,029 Sq Ft
- 2.295 Acres
515 N Weisheit Drive W Jasper, Indiana
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Listing courtesy of Stacey Thieman-Wright from THIEMAN REALTY.
- 4 Bedrooms
- 5 Bathrooms
- 3,849 Sq Ft
- 0.557 Acres
4288 W Anya Court Jasper, Indiana
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Listing courtesy of Linda Schroering from CENTURY 21 SCHROERING REALTY.
- 6 Bedrooms
- 4 Bathrooms
- 3,780 Sq Ft
- 0.570 Acres
4807 Killarney Court Jasper, Indiana
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Listing courtesy of Jake Mauntel from American Dream Mauntel Realty.
- 4 Bedrooms
- 2 Bathrooms
- 3,490 Sq Ft
- 0.353 Acres
307 Newton Street Jasper, Indiana
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Listing courtesy of Tama Stemle from RE/MAX Local.
- 3 Bedrooms
- 5 Bathrooms
- 2,867 Sq Ft
- 0.800 Acres
4180 Timberpoint Court Jasper, Indiana
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Listing courtesy of Melody Faulk from RE/MAX Local.
- 3 Bedrooms
- 2 Bathrooms
- 1,365 Sq Ft
- 0.490 Acres
1443 Dexter Court Jasper, Indiana
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Listing courtesy of Adam Boyd from BOYD REALTY & DEVELOPMENT LLC.
- 3 Bedrooms
- 3 Bathrooms
- 2,564 Sq Ft
- 0.440 Acres
3422 Lakeside Dr Drive Jasper, Indiana
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Listing courtesy of Diana Feuerbach from Key Associates of Rockport IN.
- 4 Bedrooms
- 3 Bathrooms
- 2,577 Sq Ft
- 0.900 Acres
1486 3rd Avenue Jasper, Indiana
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Listing courtesy of Steve Lukemeyer from F.C. TUCKER EMGE.
- 4 Bedrooms
- 2 Bathrooms
- 2,100 Sq Ft
- 0.110 Acres
214 W 9th Street Jasper, Indiana
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Listing courtesy of Ruger Kerstiens from F.C. TUCKER EMGE.
- 2 Bedrooms
- 2 Bathrooms
- 1,266 Sq Ft
903-3 Reyling Drive Jasper, Indiana
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Listing courtesy of Kara Hinshaw from Key Associates Signature Realty.
- 4 Bedrooms
- 2 Bathrooms
- 2,280 Sq Ft
- 0.130 Acres
610 E Fourteenth Street Jasper, Indiana
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Listing courtesy of Ryan Craig from RE/MAX Local.
- 2 Bedrooms
- 3 Bathrooms
- 2,568 Sq Ft
- 0.190 Acres
1031 DORBETT Street Jasper, Indiana
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Listing courtesy of Connie Thewes from HOFFMAN & MULLEN REALTY INC.
- 3 Bedrooms
- 2 Bathrooms
- 2,440 Sq Ft
- 0.920 Acres
1766 W State Road 56 Highway Jasper, Indiana
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Listing courtesy of Linda Schroering from CENTURY 21 SCHROERING REALTY.
- 2 Bedrooms
- 1 Bathrooms
- 1,146 Sq Ft
- 1.130 Acres
6142 N Old Rd. 45 Jasper, Indiana
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Listing courtesy of Larry Carpenter III from Carpenter Realty LLC.
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?
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Newest Homes for Sale in Dubois County
View the newest homes listed in Dubois County in the last 10 days:
221 W Stellar Way Huntingburg, Indiana
4 Beds 3 Baths 2,152 SqFt 0.170 Acres
Listing courtesy of Trae Dauby from Dauby Real Estate.
1443 Dexter Court Jasper, Indiana
3 Beds 2 Baths 1,365 SqFt 0.490 Acres
Listing courtesy of Adam Boyd from BOYD REALTY & DEVELOPMENT LLC.
4807 Killarney Court Jasper, Indiana
6 Beds 4 Baths 3,780 SqFt 0.570 Acres
Listing courtesy of Jake Mauntel from American Dream Mauntel Realty.