Re: For sale by owner
Well since you have the buyer I have to assume you explained to them that you don’t work for free!!!! On dealing with FSBO I inform the clients I am going to add my commission that I would get on other homes in the area on the purchase agreement so that all parties understand and make it binding. We offer buyers 1% cash back on all homes that we receive 3% commission but in order to get enrolled on the program we have all buyers sign a buyer agency agreement letting them know who what and where.
If you lose your client to the Sellers direct you never had them. Sorry don’t want to sound negative but most agents don’t perform the paperwork to protect themselves and the company.
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