- Find a Real Estate Professional
- Realtors®
- Mortgage Lenders
- Home Improvement Pros
- Other Real Estate Services
- Review an Agent, Lender or Pro
- Marketing on Zillow
- Real Estate Agent Advertising
- Join the Professional Directory
- Popular
- Real Estate Market Reports
- More
Answers (12)
- Nicholas Ribeiro, "NicholasRibeiro"
- Contributions:1807
Any commissions must be agreed upon in writing
- Monique Fields, "MoniqueSells"
- Contributions:48
Only if you agree to it in writing. I use an Authorization To Show Unlisted Property form. It lists the buyers name and the amount to be paid at the time of closing. If the contract nets you the amount you need to sell, I would recommend cooperating with the agent. Best of luck!
- Meena Gujral, "meena.gujral"
- Contributions:390
When we list a property and a seller chooses only the flat fee option and a buyer's agent brings in an offer, the seller can choose to pay the realtor the commission which does not have to be the standard commission since it was not listed in the MLS.
If you are getting your bottom line on the price and can still give the commission, by all means do so. You don't have to give the commission but do you want to lose the offer if it is a good one? Plus you will have peace of mind that all the disclosures needed for the transaction will be taken care of by the buyer's agent.
If you are getting your bottom line on the price and can still give the commission, by all means do so. You don't have to give the commission but do you want to lose the offer if it is a good one? Plus you will have peace of mind that all the disclosures needed for the transaction will be taken care of by the buyer's agent.
- David Hood, "AdoreRealty"
- Contributions:28
You can add a note in your zillow listing stating you work with Buyer agents or not. That should help you with the calls you get form agents. Most agents will have you sign something before they show your home.
- sunnyview
- Contributions:25139
Strange board glitch looks like a double post under the same profile 30 minutes apart...
- Steven Porzio, "Steven Porzio"
- Contributions:16
If you have your home for sale, and a buyers agent wants to show your home, they would have you sign a "buyers agreement". This will indicate your agreement to a commission if that person buys your home, and the agent was the procurring cause. I have done this in the past, and it was worked out well for both the seller, buyer and the agent. Good luck.
- Sharon Lewis, "Sharon Lewis"
- Contributions:3923
Yes.....otherwise, they can create an agreement between themselves and their buyer.
- Dale Weir, "YourSTLHome"
- Contributions:20
Most agents will check with you first to see if you are willing to work with them if they bring you a buyer and if you are willing to pay them a commission if they bring you a buyer. They will ask you to sign a form before they show the home to their client as a result to prevent any legal issues later on. If you tell them they can't show your home or that you won't work with them, or you won't pay them a commission, they legally can't show your home to their client. Keep in mind that the majority of buyers are working with agents, so if you don't work with them, you will lose that potential pool of buyers.
The statistics show that when someone who doesn't have a realtor is a buyer for a fsbo, the first thing they do is subtract the cost of the commissions (figuring that you are keeping that for yourself) from your list price, then make an offer based on their new calculated price.
Most agents don't want to have their clients buy a fsbo, because 9 times out of 10, the fsbo isn't aware of the required documents (sellers disclosures, lead based paint, subdivision or condo docs, etc), they don't know the timelines that everything has to be done by, and the agent for the buyer ends up having to "handle" both sides in order to get the deal to close, but is only paid for doing one side
The statistics show that when someone who doesn't have a realtor is a buyer for a fsbo, the first thing they do is subtract the cost of the commissions (figuring that you are keeping that for yourself) from your list price, then make an offer based on their new calculated price.
Most agents don't want to have their clients buy a fsbo, because 9 times out of 10, the fsbo isn't aware of the required documents (sellers disclosures, lead based paint, subdivision or condo docs, etc), they don't know the timelines that everything has to be done by, and the agent for the buyer ends up having to "handle" both sides in order to get the deal to close, but is only paid for doing one side
- Jim Bishop, "JimBishopTV"
- Contributions:165
A potential Buyer for your home is a good thing! Unless commission has been promised to them, you would not owe them. However, you need to decide if you are "cooperating" with the agent (i.e. paying them a commission). If not, the agent may have a "Buyer/Broker" agreement where the Buyer pays the comission to the Broker in the scenario where the Seller is not paying them. Either way, as stated, a Buyer is a good thing!
- Bert Pope, "bertpope"
- Contributions:66
At the end of the day you dont need to care where the buyer comes from, just what you will net.
Just remember to be a good host and dont negotiate before you have an offer.
Just remember to be a good host and dont negotiate before you have an offer.
- Claire Kenna, "Claire Kenna"
- Contributions:2
That's actually a good thing. The buyer's agent will help you sell your home. Just remember the buyer's agent is working strictly for the buyer. Unless you have sold a home on your own before, it can be somewhat complicated. Try it on your own, and see how it goes. If your property sits for a while with no offers, I would strongly suggest you find a sellers agent to list and sell your home. Best of luck.
- David Bemis, "David Bemis"
- Contributions:3
If an agent what to show your home you don't owe them a commission. A professional agent if their client is interested will submit for your approval a commission agreement. At that point you can accept or reject the offer. Figure out what you will end up with at the end of the transaction. The agent could easily get you a net sheet. If it is worth it for the agent to bring a qualified buyer to your home and the net sheet looks good then you can accept the For Sale By Owner agreement for that buyer only.
What if a buyers agent wants to show customer my FSBO home?
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.