Purchasing (For Sale by Owner)

[Zach Falbo]

I have recently come across a property that I am very interested in buying, and it is for sale by owner. I have a realtor, but did not use her to look at this property and have only spoken with the Owner about the property.

What are the advantages of not using my realestate agent vs. using her?

Will I still be paying the same in fees if he has an agent?

[Mindy Jensen]

@Zach Falbo (Disclosure, I'm an agent.)

You are free to use or not use your agent when purchasing a property they did not bring to your attention. @Account Closed brings up a good point, if you signed a buyer's agency agreement with your agent, you may be required to pay them a commission regardless of if they help you or not, so if you signed anything, go back and read the fine print.

If you do not use an agent, and you are relatively new to the process, at the very least, you should have an attorney review the contract. I've found that certain words in English mean something very different in Legalese.