4 ms·

Cant you just use one of those services that'll sell your home for a flat fee? then you don't need to pay the buyers agent, right?

• URSpider94 8y ago
  In those services, you often end up paying most of the money you pay to the buyer’s agent. Otherwise, the house won’t get listed in MLS, and nobody will see it.
  • jjeaff 8y ago
    You can list on Zillow or Craigslist, maybe redfin, etc. I paid a $250 flat fee to list my fsbo on the MLS. I advertised that I would work with buying agents because I heard that agents will tend to not tell their clients about your house since they may not get a commission. I ended up selling to a buyer without an agent who saw the sign. But my understanding was that if a buyer approached me I could have told them no commission and they could have proceeded as they wish.
    • URSpider94 8y ago
      That's definitely true. The question to ask (and I mean quantitatively, not rhetorically -- economists can gather data on this) is whether paying a Realtor 6% nets you more profit on the sale, e.g. whether a house listed on MLS and marketed well sells for 6% more (or sells significantly faster, such that the cost of capital nets you some gain). I expect that it depends heavily on the local market dynamics.