Quote:
Originally Posted by pseudoreality
Old bump, but there is some interesting and relevant information in here for me. I am looking at making an offer on a house that is FSBO (Property Guys). The offer will be contingent on me selling my home, but I likely will getting a realtor to assist in my sale for a few reasons (emotional attachment to the house, filtering out non-serious buyers, better advertisement, etc.). Now I'm wondering if there is any benefit in getting the realtor I plan on hiring to sell my house involved in my purchase? I'm thinking not. It might annoy the sellers who trying to avoid paying commission and I just don't see what benefit a realtor can add at this point. We've pretty much already agreed on all the terms and the seller is really good to deal with.
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A couple points (from a realtor so take as you will).
-Your agent may find something about the property or pricing you have not noticed or had full information on. Not that you're not diligent or capable, but some of us are pretty good at pointing out items most people don't consider when not doing this everyday.
It sounds like you are pretty far into the terms and negotiation, so maybe too late for that anyway or you don't feel any benefit is likely.
-Lets assume the realtor will not offer any additional benefit on your purchase. They may agree to a lower listing price on your sale for being part of the purchase(if seller will pay commission that is).
For example: I have 1 listing rate for most properties and another for repeat clients. If I was the agent in your example, I would be offering a reduces listing commission for being involved in the purchase transaction.