there are many homes sold by owner for various reasons. When shopping for home remember that Realtors are here to protect buyers and sellers during the home buying transaction. Many sellers feel they can save money by going without paying a Realtor. This sounds like a good idea for the sellers wallet but can lead to some heart ache during and after the transaction for both parties. Realtors sell homes on a regular basis and are required to maintain a consistent level of real estate education on a constant basis. This education allows Realtors to represent buyers and seller with confidence in eliminating time consuming and costly mistakes by both parties. Further if you are the victim of a mistake or error on the part of your agent you have protection by the Real Estate Recovery trust Account. This fund is not available to you without a Realtor on your side. This does not mean you can not purchase a home FSBO, if you are represented by a Realtor. A seasoned Realtor can negotiate getting his or her commission from the seller for you. Be sure to ask a Realtor if they are comfortable with this option before shopping for a home. Source: National Association of Realtors |
| Buying a for sale by owner home. |
