Question to all your real estate agents out there

[Jacob Bindler]

I am planning to sell FSBO and have an agent who for a small fee will take me through the process by advising me on what to do and how to go about it. He will not represent me in any negotiations, put his name anywhere or such, just make sure I am doing right things.

Questions: 

• Is that would be a regulated activity, so he would need to obtain a permission from his broker to do that? Does he need to share any of my payments with the broker?
• What about if he conducts an open house for me? 
• How about if he put together a valuation report? 

Your views are appreciated.

[Mindy Jensen]

@Jacob Bindler , I'm with Mike here. While it's state by state, advising you implies agency. He should discuss this with his broker, and I'm sure he will discover this is not a good idea for him. I think if he gives you bad advice, you could sue him. His broker will not approve of this, I can pretty much guarantee that.