Purchasing a For Sale by Owner property has a number of unique benefits that all buyers should be aware of.    Too often, buyers don’t consider fsbo listings because they are working with a real estate agent.  They are unaware that most builders and owners are willing to work with buyer’s agents and many advertise their homes on the local MLS.  If you are in the market for a home and you are not considering “by owner” listings…you could be missing out on some great deals.  

Save Thousands on Commissions and Fee’s

When purchasing a home listed by a traditional listing broker, a 6 percent commission is factored into the seller’s asking price.  Buyers often think they aren’t paying the listing commission…but in fact…the agents $6000 cut is included in every $100,000 of the asking price.   When a homeowner or builder sells their own property, they pay no commission or a much smaller 3 percent to the buyers agent.  This substantial savings can be passed onto the buyer, who can now afford more home or get the same home for less money.

Easy Appointments to View

If you want to look a home listed by a full service broker, you have to schedule all appointments through the listing broker.  The listing broker then contacts the owner and the buyer agent to schedule a time to look inside the home.  This process can often be inconvenient, or sometimes aggravating, depending on the time lapse in getting everyone on board.   When dealing directly with the seller, there is no need to go through a line of people to schedule a tour.  The seller will look at his schedule and immediately give you the date and time, making the entire buying process much simplier.

Negotiating the Offer

When purchasing directly from the property owner, negotiating the offer can be much easier, too.  Typically, the buyers agent presents all offers to the listing agent…then, the listing agent makes an appointment to relay the offer to the seller.   If the seller makes a counteroffer, the whole procedure is reversed, making the whole process take much longer than it should.   When making an offer directly with the seller, the middle men are eliminated, which increases the odds of putting together a deal that works for both parties in record time.

Why6Percent.com encourages all buyers to seriously consider the many benefits of fsbo properties, whether you are working with an agent or not.  Dealing directly with the owner has many distinct advantages and benefits, with none of the drawbacks.    Check out InfoTube.net    The website has over 20,000 properties listed directly by owner or by builder, many offering fantastic deals!!!