Minot Real Estate 101, Can A Realtor Work With A FSBO?
By Bob "RealMan" Timm, Owner of Ward Co Notary Services retired RE Broker
(Ward County Notary Services)
Can A Realtor Work With A For Sale By Owner?Many home buyers today are confused as to how to deal with a For Sale By Owner, also known as a FSBO.Will working with the home owner directly save me money?Can I have my Realtor contact the home owner and continue to work for me?There are a thousand answers to those two questions ranging from a flat out YES to each of them to a more abstract "Heck No" to both questions.Let's cover some very basic ground on each question starting with Will working with the home owner directly save me money?It might if: The home owner is not up to date on the current market like a professional is and the home owner has undervalued their home. This does happen but it is rare. As a rule most listing offices (a listing office is the office that has a contract with...
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