2,684,009
That sign says a whole lot more than "I won't pay a commission".
That sign says,
"I will be hard to deal with. I don't care what your lender or your lawyer or your title person or anyone else says, everything will be done exactly my way. I won't budge on the price. I won't allow any inspections. I will use forms that I got from an internet 'legal forms website'. I will only show the house during these limited hours; no exceptions. And I will be present while you, the Buyer, look at the house. I will follow you from room to room."
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Anthony Kirlew
Gilbert, AZ
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Richard Bazinet /MBA, ...
Scottsdale, AZ
-
Candice A. Donofrio
Fort Mohave, AZ
-
Doug Dawes
Topsfield, MA
-
David M. Dwares
Fort Lauderdale, FL
-
Wayne Martin
Chicago, IL
-
Carla Freund
Raleigh, NC
-
Bob Crane
Stevens Point, WI
-
Kat Palmiotti
Kalispell, MT
-
Sharon Altier
Elmhurst, IL
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Don Baker
Eatonton, GA
-
Nina Hollander, Broker
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Michael Jacobs
Pasadena, CA
-
Carol Williams
Wenatchee, WA
-
Peter Mohylsky, Beach ...
Miramar Beach, FL
-
Greg Large
Grove City, OH
-
Kathleen Daniels, Prob...
San Jose, CA
-
John Juarez
Fremont, CA
5,104,931
I don't think you can interpret that sign so literally. I think the sign simply says the seller isn't going out of pocket for commissions. At the end of the day, I would guess as long as the commission isn't "costing" them anything they will pay it, whether it's by increasing sale price or the buyer paying it.
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Lorrie Semler, REALTOR...
Addison, TX
-
Jeff Pearl
Lovettsville, VA
-
Karen Climer
Orlando, FL
-
Doug Dawes
Topsfield, MA
-
Carla Freund
Raleigh, NC
-
Richie Alan Naggar
Riverside, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Susan Emo
Kingston, ON
-
Carol Williams
Wenatchee, WA
-
Peter Mohylsky, Beach ...
Miramar Beach, FL
-
Kathleen Daniels, Prob...
San Jose, CA
-
John Juarez
Fremont, CA
-
Fred Griffin Florida R...
Tallahassee, FL
821,101
Hardheaded sellers not seeing the big picture and the ease of utilizing a real estate professional who may have no idea of the skillsets that they are turning away. They will allow perfect strangers who are not yet qualified to enter their home. Not safe - indeed.
-
Candice A. Donofrio
Fort Mohave, AZ
-
Doug Dawes
Topsfield, MA
-
Carla Freund
Raleigh, NC
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Richie Alan Naggar
Riverside, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Carol Williams
Wenatchee, WA
-
Ray Henson
Elk Grove, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
John Juarez
Fremont, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Lyn Sims
Schaumburg, IL
1,502,998
Because:
1) They strongly dislike real estate agents
2) They don't realize that it takes money to make money
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Candice A. Donofrio
Fort Mohave, AZ
-
Doug Dawes
Topsfield, MA
-
Carla Freund
Raleigh, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Kat Palmiotti
Kalispell, MT
-
Nina Hollander, Broker
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Michael Jacobs
Pasadena, CA
-
Carol Williams
Wenatchee, WA
-
John Juarez
Fremont, CA
-
Fred Griffin Florida R...
Tallahassee, FL
693,775
I purchased a home once (the one I just sold) and paid for all costs in the transaction, including the commission for the seller's agent. The escrow officer even questioned if I could pay some of the costs I had offered to pay. I could and I did pay them all. It was all reflected in the great price I was able to negotiate. It was one of the best purchases I ever made. In the case outlined above, I would do it only if the price was right. Do I think the seller is making a good move? Heck no!
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Jeff Pearl
Lovettsville, VA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Doug Dawes
Topsfield, MA
-
Carla Freund
Raleigh, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Margaret Rome Baltimor...
Pikesville, MD
-
Nina Hollander, Broker
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
-
Michael Jacobs
Pasadena, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Fred Griffin Florida R...
Tallahassee, FL
3,345,091
I read "ignorance" which can be cured where stupidity cannot.
My sense is the seller does not know what the seller does not know. They will learn if they are open to learning.
Otherwise, the home won't sell and perhaps ultimately they will hire a discount broker. (said with humor).
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Doug Dawes
Topsfield, MA
-
Carla Freund
Raleigh, NC
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Michael Jacobs
Pasadena, CA
-
Carol Williams
Wenatchee, WA
-
John Juarez
Fremont, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Kathleen Daniels, Prob...
San Jose, CA
3,125,819
Well, bless that fizzbo's heart! Seller probably knows more than everyone in that market too...🙄
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Carol Williams
Wenatchee, WA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Doug Dawes
Topsfield, MA
-
Carla Freund
Raleigh, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Margaret Rome Baltimor...
Pikesville, MD
-
Fred Griffin Florida R...
Tallahassee, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
2,178,603
I see a seller who is looking for an unsuspecting buyer who thinks they're saving money by buying direct.... safety and legal ramifications be damned.
The problem with commissions is they can be measured in tangible dollars and that is all some people see. Safety and legal ramifications are not considered and often far exceed tangible dollars emotionally and financially.
Sadly, the seller has no clue what agents actually do and how it benefits them. I told someone the other day, that if I ever sell my house I would hire an agent if for no other reason than the legal protection.
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Bruce Walter
West Lafayette, IN
-
Candice A. Donofrio
Fort Mohave, AZ
-
Doug Dawes
Topsfield, MA
-
Carla Freund
Raleigh, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
-
Michael Jacobs
Pasadena, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
911,338
I've seen that before. Usually seller is overpriced, but if not, if i had an interested buyer, I'd just let seller know that buyer is paying my commission, or if price is right, add commission to sellers asking price. A lot will depend on the attitude of the seller.
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Carol Williams
Wenatchee, WA
-
Doug Dawes
Topsfield, MA
-
Carla Freund
Raleigh, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Margaret Rome Baltimor...
Pikesville, MD
-
Nina Hollander, Broker
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
-
Michael Jacobs
Pasadena, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Fred Griffin Florida R...
Tallahassee, FL
1,311,397
If you have a buyer, the buyer can pay your commission. You may be able to negotiate a deal that benefits a buyer and satisfies the seller. Seller can be asked to pay closing costs to offset the buyers out of pocket expenses.
The longer the house sits with the sign in the lawn, the more flexible the seller may become.
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Jeff Pearl
Lovettsville, VA
-
Doug Dawes
Topsfield, MA
-
Carla Freund
Raleigh, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
-
Michael Jacobs
Pasadena, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Carol Williams
Wenatchee, WA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Kathleen Daniels, Prob...
San Jose, CA
644,025
The Seller is paying commission to themselves and losing thousands in equity.
-
Candice A. Donofrio
Fort Mohave, AZ
-
Doug Dawes
Topsfield, MA
-
Carla Freund
Raleigh, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Fred Griffin Florida R...
Tallahassee, FL
-
Margaret Rome Baltimor...
Pikesville, MD
-
Nina Hollander, Broker
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
3,587,960
I would suggest a buyer walk away from even thinking about it. Know-it-all hard heads are just that.
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Carol Williams
Wenatchee, WA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Candice A. Donofrio
Fort Mohave, AZ
-
Doug Dawes
Topsfield, MA
-
Carla Freund
Raleigh, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Richie Alan Naggar
Riverside, CA
-
Fred Griffin Florida R...
Tallahassee, FL
1,197,097
Don't sweat the small stuff. If you have a buyer. It can be worked out but hang on. It will be interesting.
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Doug Dawes
Topsfield, MA
-
Carla Freund
Raleigh, NC
-
Margaret Rome Baltimor...
Pikesville, MD
-
Nina Hollander, Broker
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Fred Griffin Florida R...
Tallahassee, FL
-
Peter Mohylsky, Beach ...
Miramar Beach, FL
1,844,291
Someone just got thru a real estate course. I'm not paying - let the buyer pay. I'd skip them even though inventory is tight.
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Candice A. Donofrio
Fort Mohave, AZ
-
Doug Dawes
Topsfield, MA
-
Richie Alan Naggar
Riverside, CA
-
Michael Jacobs
Pasadena, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Carol Williams
Wenatchee, WA
-
John Juarez
Fremont, CA
-
Fred Griffin Florida R...
Tallahassee, FL
378,517
A buyer I worked with not long after I had my license went and bought herself one of those.... 8 years later it's now worth what she paid for it then. Buyer beware of crazy sellers.
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Carol Williams
Wenatchee, WA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Doug Dawes
Topsfield, MA
-
Carla Freund
Raleigh, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Richie Alan Naggar
Riverside, CA
-
Fred Griffin Florida R...
Tallahassee, FL
3,854,898
This may be a little different...but
I recently got a fabulous deal for a buyer when the FSBO did not want to list.
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Jeff Pearl
Lovettsville, VA
-
Carol Williams
Wenatchee, WA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Doug Dawes
Topsfield, MA
-
Carla Freund
Raleigh, NC
-
Richie Alan Naggar
Riverside, CA
-
Fred Griffin Florida R...
Tallahassee, FL
2,436,099
The FSBO doesn't want agents involved. Which doesn't mean they can't/won't be. He just doesn't want them. I'd love to know why.
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Carol Williams
Wenatchee, WA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Candice A. Donofrio
Fort Mohave, AZ
-
Doug Dawes
Topsfield, MA
-
Carla Freund
Raleigh, NC
-
Fred Griffin Florida R...
Tallahassee, FL
2,061,792
Inflating the sales price to include commission isn't the answer. They are basically saying "we will not cooperate with brokers".
FSBO's don't believe that will turn purchasers away, in fact they believe that selling their home should/will be as simple as sticking a sign in the ground.
Best of luck with that.
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Doug Dawes
Topsfield, MA
-
Carla Freund
Raleigh, NC
-
Richie Alan Naggar
Riverside, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Fred Griffin Florida R...
Tallahassee, FL
-
Don Baker
Eatonton, GA
900,128
Our Buyer Agency agreement stipulates that buyers pay in case there is no commission forthcoming from the sellers. Your approach also works. There's more than one way to skin a cat, as they say (don't know why we pick on poor kitties in this saying...).
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Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Margaret Rome Baltimor...
Pikesville, MD
-
Nina Hollander, Broker
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
1,452,819
The writing has been on the wall for quite some time. Sellers hate to pay someone to negotiate against them! I've had an ongoing battle with my sellers for years now and it takes a good long discussion to convince them. Buyers need to start paying their own agents for the work they do. It's coming folks. If they need to shop in a lower price range to be able to afford it, so be it.
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Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
-
Michael Jacobs
Pasadena, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
901,535
I've found one side or the other is getting a raw deal. I sold happily helped my buyer get a house at the beginning of this crazy market. My buyer got a good deal because the seller didn't want an agent. I've found these sellers can be very unrealistic, hiding something, or they think they're saving when in fact they could have gotten more. Bottom line, they don't know what they're doing. Buyer beware for sure.
I had a listing appointment a year or so ago with a guy who never intended on using an agent. He just wanted to get opinions from a lot of agents, took their advice, then sold his house. I'm pretty sure he covered some things up that I pointed out. I may never know.
-
Carol Williams
Wenatchee, WA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Doug Dawes
Topsfield, MA
5,216,398
Fred Griffin Florida Real Estate nailed it. Life is too short, "NEXT"!
-
Fred Griffin Florida R...
Tallahassee, FL
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Candice A. Donofrio
Fort Mohave, AZ
-
Doug Dawes
Topsfield, MA
1,196,798
They are not pushing away buyers just agents
-
Karen Climer
Orlando, FL
-
Fred Griffin Florida R...
Tallahassee, FL
-
Wanda Kubat-Nerdin - W...
St. George, UT
6,393,179
Fred makes a good point here, some folks are going to be more difficult than others, I may want to offer this guy a higher commission rate.
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Doug Dawes
Topsfield, MA
-
Fred Griffin Florida R...
Tallahassee, FL
921,504
Seems like the seller is saying, "I will pay my agent (if I have one) and you will pay your agent." Seems like a good idea to me.
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Doug Dawes
Topsfield, MA
-
Richie Alan Naggar
Riverside, CA
195,422
The house I currently live in was bought from a FSBO. No one paid commissions. Somehow all parties survived and actually did better because of it. My parents bought a house from a FSBO with no agents involved. Worked out well for all parties.
Similarly, some people can fix their own pipes and don't hire a plumber. Others choose to hire a plumber. Both options work well or can be costly depending on the situation.
Real estate agents aren't the only people who know about real estate.
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Jeff Pearl
Lovettsville, VA
-
Karen Climer
Orlando, FL
1,052,211
Seller does not want to deal with a real estate broker. This may mean the seller doesn't want to make honest/full disclosures. The buyer can pay their own agent, and discount their offer. Or Mister Difficult can keep his house.
-
Fred Griffin Florida R...
Tallahassee, FL
-
Wanda Kubat-Nerdin - W...
St. George, UT
763,883
Richie Alan Naggar We learned how to handle FSBO's our first year in real estate. They are always unrealistic and it's our goal to educate them and possibly bring a buyer that is willing to make an offer that includes our commission. At the very least we can try to get the sell to pay for us to take care of all of the disclosures. In this day of the internet people will find these places on their own and an escrow company can get them through to the closing.
-
Karen Climer
Orlando, FL
-
Doug Dawes
Topsfield, MA
716,049
Why bother with this seller....
-
Fred Griffin Florida R...
Tallahassee, FL
155,337
Thankfully inventory is growing, so there is no need to try to pursue a seller who is starting out "anti-agent." That said, there is a good chance they will realize they need help, and hopefully before they are in a contract with a more savvy buyer.
1,422,296
They just don't want a Buyers Realtor involved, which tells me the buyer better beware of the contract, condition of the house and everything else having to do with that Seller if they are going it alone.