One of the reasons brokerages do not enter into contracts with FSBO (buyers/sellers) is because there is a serious liability incurred by the brokerage when the other side of the transaction is not represented. I say this because you mentioned that the other party does actually have an agent. (I will return to that point in a minute)
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Can someone elaborate on why “there is a serious liability incurred by the brokerage when the other side of the transaction is not represented” ?
