Representing Buyers of “For Sale by Owner” Properties
We recently helped buyers purchase a home listed in the popular 27606 area of Raleigh and would love to help you do the same – or in any area code for that matter! Did you know there are over 70 properties currently available with prices from $95,000 to $800,000 just in that area code alone? There is literally something for everyone! This particular listing was actually a “for sale by owner” property, proving that we look high and low for our clients to find the right home, even those that are not marketed for sale by a traditional seller’s agent.
Did You Know You Can Be Represented in a “For Sale by Owner” Transaction?
Homes that are not listed for sale with a REALTOR® may not appear on the MLS and, most of the time, they do not show up on other home sites, either. “MLS” stands for “multiple listing service” and is a computerized listing of the homes for sale in an area listed with a REALTOR®. Only REALTORS® are granted access to their local MLS and while this is usually a great resource to find homes in a certain price range, it is not the only way we search for a home for you.
Our team has in-depth knowledge of the entire Triangle area and we look everywhere possible to find a home that will fit your needs. Most “FSBOs” (for sale by owner properties) use yard signs, social media, and word of mouth to let people know their home is for sale. This can make it difficult for you to find out about them but if we find one that’s a good fit for you, we’ll be sure to include it in your next home search.
Even though the seller is choosing not to use an agent in a FSBO listing this does not mean that you cannot use an agent. When we act as a buyer’s agent, we do our best to limit your costs of representation. While most FSBO sellers are willing to work with a buyer’s agent in terms of compensation, we are happy to work with you as the buyer to devise a structure that allows you to still benefit from representation without having to pay out of pocket directly in the rare case that the seller isn’t agreeable.
Much like the weather, the market is hot right now and homes are going quick. You need an agent that will do everything they can to find exactly what you are looking for and negotiate on your behalf. Are you ready to get your home search started? Give us a call today at 919-877-6708.