As a realtor can I do a for sale by owner on my LLC owned flip?

[Nicole Glass]

Hi All, 

I am at the tail end of my 7th flip here in New Jersey and a friend of mine recently shared with me that she listed her multi-family on Zillow without using a realtor and immediately saw a wave of interested buyers with no representing agents . My friend wanted to test the market to see if they could sell the house on their own to avoid paying realtor fees. Turns out the real estate market is so hot right now that they received multi offers in a matter of 48 hours directly from multiple buyers. This moved saved them $18,000 + in real estate fees. 

Typically I represent myself on my flips but I always end up paying the standard 3% for the buyer's realtors fee. Now I would like to use this strategy of "for sale by owner" to skip out on buying agent fees and just use a transaction agent to generate all the paperwork of just $500-$1,000 but a small part of me wonders if this could potentially be a liability as I am a real estate agent and I also own the LLC of a flip where we will turn a profit over $100,000 in a matter of 4 months .

What should I do ? Continue to list my property with the MLS and use buyer agents or sell the property on my own and save $9,000 ?! Any suggestions/words of advice would be helpful. Thanks in advanced :)

[Jonathan Greene]

You should work for a different company then. I can do three personal deals a year at just the MLS fee and then all the rest at a very reduced cost. It's true that sellers are doing better with FSBO because the market is so hot, but aren't you downgrading your profession if you won't even put your own house on the market and on the MLS? You definitely will have more of the good agents (and their clients) in your property on the MLS and not as a FSBO. All the FSBO sales probably would have done even better on the market and the transactions would go smoother that way as well.