Exclusive Buyer Agents are able to provide homebuyers with a higher level of service, which includes access to information about ‘For Sale by Owner’ (FSBO) properties.
For a buyer considering a FSBO purchase, having your own agent remains an invaluable asset for a number of reasons…
> Your agent will research the history of the property in MLS. Often, a FSBO property was previously listed in MLS and didn’t sell. If this was the case, your agent can give you the details to help you evaluate the property.
> Your agent will evaluate whether the asking price is fair based on an analysis of recent sales of comparable properties and will help you prepare the Offer to Purchase and will negotiate on your behalf.
> Your agent will see that the Seller is fulfilling his/her legal obligations to you, i.e., disclosure of material defects with the property, and will make sure that your rights as a buyer are protected.
> Your agent will monitor every step of the home buying process for you right up to closing.
As you search the FSBO links listed below, please be aware that going it alone on a FSBO purchase can be risky and potentially costly for the home buyer.