For sale by owner! Need help!!

[sdrealtor]

Thanks for the update and that is good news. Hope you got a good net proceeds result out of it all. It sounds like it was well played.

[CA renter]

Very nice job, treehugger! Best of luck on the rest of the transaction.

[Clifford]

[quote=SD Realtor]A few comments….

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)

[/quote]

Can someone elaborate on why “there is a serious liability incurred by the brokerage when the other side of the transaction is not represented” ?

[Geedup]

It would be because the broker who will do the paper work increases their liability 2x for a potential lawsuit because both the seller and the buyer could complain about something . If you want someone to just guide you through the process and give you the forms I’ll be happy with $1000 as a consulting fee to help you do a for sale by owner . I”m a licensed realtor , loan officer and active flipper . I’ll give you the standard forms and tell you what to do. Pretty easy really

[Author]

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