Tuesday, April 12, 2016

Can I Write a Purchase Contract on a FSBO Property?

A seller is advertising that his home is for sale without the assistant of a real estate agent. This is known in the real estate community as a property that is For Sale By Owner or FSBO. As a real estate agent, you have been showing a buyer several properties on the market but cannot find the right one. You learn of this property and determine that it may meet your buyer’s needs. How can you show this property and possibly write an offer on it if it is not listed by another real estate agent?

Inform Buyer
It is possible to sell a FSBO property but the first step is to talk with your client and explain the process. Let your buyer know that the seller has to approve the showing and agree to sign an agreement to work with us before we can show the property.

Contact Seller
The next step is to call the seller and let him know that you are a real estate agent and you represent a buyer who may be interested in purchasing the home. Ask if....Read More

Today's New Listings!

34645 Willow Creek Pl, Willoughby  - $399,000 1331 Bennett Rd, Madison - $329,900 7165 Hawthorne Dr, Mentor - $274,900 4423 Ashwood Ave...