Is buying a For Sale By Owner (FSBO) home different than buying a home listed with a real estate agent? Is the process easier or harder?
3 THINGS YOU CAN EXPECT WHEN YOU BUY A FOR SALE BY OWNER HOME
1. THE SELLER WILL WORK WITH YOUR AGENT
A majority of sellers know you’ve worked with your agent closely for weeks (months?) before coming across their FSBO home and will gladly compensate your agent as any other seller would do.
2. BE PREPARED TO MEET THE OWNERS FACE-TO-FACE
The biggest difference between an FSBO home and one listed by an agent is that you’ll get to meet the owners face-to-face rather than meet with an agent when looking at the home.
3. FSBO SELLERS MUST STILL ABIDE BY THE LAW
As with any other home sale, there are laws the FSBO sellers must abide by. If the law says a seller has to inspect the home, make repairs, or disclose any problems, then the FSBO seller must oblige.
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