3 ms·
It's true that there's scope for an alternate MLS that's just for sale by owner listings. But as someone else mentioned, the buyer often uses an agent (I refuse
by cgh 3y ago
It's true that there's scope for an alternate MLS that's just for sale by owner listings. But as someone else mentioned, the buyer often uses an agent (I refuse to use the made-up word "realtor") and you'll have to pay that fee anyway. Unless, that is, your listings site provided handholding to do away with the buying agent. To handle the paperwork, a notary and/or a lawyer is necessary but the site could either provide those services for cheap or detailed instructions on how to proceed if you want to use your own notary/lawyer. It's simple enough. It turns out that the main function of a real estate agent is to simply ferry paperwork back and forth between the clients and the lawyers. You can just as easily do this yourself (we did and saved a lot).
- lelanthran 3y ago> It's true that there's scope for an alternate MLS that's just for sale by owner listings. But as someone else mentioned, the buyer often uses an agent (I refuse to use the made-up word "realtor") and you'll have to pay that fee anyway. Maybe I'm misunderstanding how this works. With (often) the seller holding a lot of the cards, they could simply insist that any buyer pay their own agent, or buy elsewhere. If the demand is even minimally high it wouldn't take a lot of sellers to cause people looking to buy to avoid signing on with an agent just to find a house.