FSBO Realtor fees and closing costs?

[Zach Yonek]

We have been looking for properties for a while now with our realtor, but just recently found one through a family friend who is selling it FSBO. I'm just wondering if the process functions any different on our end with our realtor since we are communicating/negotiating directly with the sellers on price? Are the Realtor fees relatively similar to a normal real estate deal? Our realtor said she can put together the FSBO paperwork, but are there different fees (or cheaper?) involved that we would owe our realtor compared to a normal real estate transaction? Are closing costs any different? Thanks all!

[Luke Carl]

Not sure how you picked this forum?

FSBO sellers are generally against realtors. That’s why they’re selling it themselves. They don’t want to pay a realtor. And I find in this market they are asking more than an MLS house.

Basically.... they’re the cheapest of the cheap.

Contact the seller and see what they’re thinking. I would do this directly not through your agent unless you’ve signed a buyers rep agreement.

If you decide to pursue I would offer 3% higher than what your top dollar is in order to pay your agent and still have them do the paperwork so you are protected. If your agent is any good that is. Sounds like they didn’t find you this property anyway so many that could try a bit harder.

Again. Contact them directly so they think they’re not dealing with an agent. You’ll know pretty quick if it’s worth perusing or a waste of time.

Again. Wrong forum. Even if it’s a VR. Contact us when you need to know which towels. Lol