Can You Buy a FSBO With a REALTOR®?
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.
3289 St. Charles Street Jasper, Indiana
4 Beds 4 Baths 3,906 SqFt 0.595 Acres
Listing courtesy of Brenda Welsh from SELL4FREE-WELSH REALTY CORPORATION.
282 Kaywood Lane Jasper, Indiana
4 Beds 4 Baths 3,627 SqFt 0.8 Acres
Listing courtesy of RyanCraig from RE/MAX Local.
1869 Gregory Lane Jasper, Indiana
5 Beds 4 Baths 3,084 SqFt 1.25 Acres
Listing courtesy of Andrew Welsh from SELL4FREE-WELSH REALTY CORPORATION.
1479 Martha Drive Jasper, Indiana
3 Beds 4 Baths 3,087 SqFt 0.46 Acres
Listing courtesy of Gary Schnell from SELL4FREE-WELSH REALTY CORPORATION.
905 Spruce Drive Jasper, Indiana
3 Beds 2 Baths 1,580 SqFt 0.34 Acres
Listing courtesy of Brenda Welsh from SELL4FREE-WELSH REALTY CORPORATION.
1822 W 5th Street Jasper, Indiana
3 Beds 3 Baths 2,964 SqFt 0.96 Acres
Listing courtesy of Brenda Welsh from SELL4FREE-WELSH REALTY CORPORATION.
464 Kluemper Road Jasper, Indiana
3 Beds 2 Baths 1,851 SqFt
Listing courtesy of Brenda Welsh from SELL4FREE-WELSH REALTY CORPORATION.
186 Macy Court Jasper, Indiana
3 Beds 2 Baths 1,605 SqFt 0.51 Acres
Listing courtesy of Brenda Welsh from SELL4FREE-WELSH REALTY CORPORATION.
775 S Crestwood Drive Jasper, Indiana
3 Beds 3 Baths 2,964 SqFt 0.54 Acres
Listing courtesy of Brenda Welsh from SELL4FREE-WELSH REALTY CORPORATION.
822 W 9th Street Jasper, Indiana
3 Beds 3 Baths 2,244 SqFt 0.23 Acres
Listing courtesy of Gary Schnell from SELL4FREE-WELSH REALTY CORPORATION.
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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View the newest homes listed in Dubois County in the last 10 days:
112 W Raider Court Huntingburg, Indiana
4 Beds 3 Baths 2,152 SqFt 0.18 Acres
Listing courtesy of Opal Sermersheim from SELL4FREE-WELSH REALTY CORPORATION.
822 W 9th Street Jasper, Indiana
3 Beds 3 Baths 2,244 SqFt 0.23 Acres
Listing courtesy of Gary Schnell from SELL4FREE-WELSH REALTY CORPORATION.
4178 Westfall Court Jasper, Indiana
3 Beds 2 Baths 1,213 SqFt 0.27 Acres
Listing courtesy of Gary Schnell from SELL4FREE-WELSH REALTY CORPORATION.