Peter Mohylsky.   Broker Associate, THE BEACH IS OPEN AND WAITING FOR YOU (Miramar Beach)

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Rainmaker
348,170
Joseph Domino 480-390-6011
HomeSmart - Scottsdale, AZ
Real Estate Made Easy

Working with FSBOs can be like walking a tightrope. You have to be very clear about your Agency and the fact that they are unrepresented.  Be careful not to advise them or you will become their agent inadvertantly.

I just recently closed one while represeting a buyer. I had the escrow agent handle all paperwork and most communications. Even though we had no issues, it was important to avoid any implied agency.

Mar 25, 2019 10:54 AM
Rainmaker
1,826,276
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Depends on what you consider going out of your way Peter Mohylsky, SoWal Is HOME. . If I saw a FSBO sign in a yard I would immeadiately drop them a letter in the mail that day. That's taking action but I would not call it going out of the way.

Mar 25, 2019 10:49 AM
Ambassador
5,175,471
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Explain the importance of Agency, then sign a listing with him.

Mar 25, 2019 09:50 AM
Rainmaker
3,867,343
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I stay away from FSBO's as much as possible.

Mar 25, 2019 09:32 AM
Rainmaker
862,009
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Will the seller pay you a commission if you bring in a buyer? Get it in writing. If so, why not? Sure, you will most likely do extra work to get the transaction closed. If it is worth your time and effort, go for it.

 

Mar 25, 2019 09:29 AM
Rainmaker
1,706,140
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I do not Peter.

Mar 25, 2019 09:24 AM
Rainmaker
1,654,690
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

No. If they want to be a FSBO that is their right. If they wanted my help they needed to sign a listing agreement. 

Mar 25, 2019 12:10 PM
Rainmaker
873,473
Mel Ahrens, MBA, Kelly Right Real Estate
Kelly Right Real Estate - Hood River, OR
Customized Choices for your Real Estate Needs

I work with them all the time.  My wife owns an FSBO marketing company so they often contact me if they are having issues or need some guidance.  I offer them choices. The last choice I offer them is to pay me a commission after closing.  I want to be paid for my time, knowledge and expertise, period. I will do a short no-cost consultation, then they need to start paying me for my services.  I offer them an hourly fee for services option, flat fee engagements, or real estate consulting. Listening to their needs then customizing a solution is my differentiating niche. During the consultation, I provide them a Needs Analysis tool to help them determine what they really need or want. I typically never shut down their questions as I want to build a relationship with them.  If they do not have the cash to pay for my services, I will refer them to a traditional real estate compensation broker/agent.

Mar 25, 2019 10:53 AM
Rainmaker
962,513
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Not unless I have an agreement with him for a 3% commission for bringing the buyer

Mar 25, 2019 09:56 AM
Ambassador
3,614,899
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

 We have an addendum that covers that and also justifies consulting fees if necessary. ..

Mar 25, 2019 09:50 AM
Rainmaker
513,090
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

I treat all people ... buyers, sellers, FSBO as I would want to be treated. I also explain how I get paid.

Mar 25, 2019 01:10 PM
Rainmaker
2,008,499
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

It may be a sign that he is FAILING

Mar 25, 2019 09:45 AM
Rainmaker
530,445
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

List his home then sell it and he will be much happier.

Mar 25, 2019 06:12 PM
Rainmaker
3,925,850
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Why would you want to work with anyone who " slightly frustrates" you?

Mar 25, 2019 05:11 PM
Ambassador
3,207,487
Anna Banana Kruchten CRS, CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Peter I recently had a client ask me to check into a FISBO. The only way to contact hin was via a hotmail email address.  I'm still waiting 3 weeks later. And of course, the guy is way overpriced anyway. My client moved on.....

Mar 25, 2019 02:38 PM
Rainmaker
865,881
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

My only response to a FSBO who CALLS me is "I need you to sign my compensation agreement FIRST. Yes, the compensation reflects my need to manage both sides.

"Do you have a buyer?" they respond.

"Of course I do. However there are ISSUES."

"Well what are they?"

"Knowing and fixing those things is why an agent is paid."

Yep, I do go out of my way.

Mar 25, 2019 12:33 PM
Rainmaker
1,088,301
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

I'm confused, wasn't that the reason you contacted him in the 1st place?

Mar 25, 2019 12:08 PM
Rainmaker
1,357,243
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I don't work with them.

Mar 25, 2019 11:17 AM
Ambassador
4,056,251
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I won't help with his listing unless he hires me but, I sure have found a gold mine in scoping out FSBOs for my buyers! They pay me 100% of the time and 9 times out of 10, I am able to negotiate a fantastic price for the buyers.

Those who won't budge on price, well, we'll just find one who will! 

Mar 25, 2019 09:51 PM
Rainmaker
677,026
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

No I don't. If I show a FSBO I tell them up front I will be writing my commission into the offer if there is one. 

Mar 25, 2019 06:02 PM
Rainmaker
1,164,311
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

I have not seen a FSBO in over 11 years here. I don't seek them out and I have not happened by one. But, I spoke to FSBO's very, very farnkly when I did market to them.

Mar 25, 2019 05:26 PM
Rainmaker
1,603,601
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

If he is calling you, then he should consider listing with you.

Mar 25, 2019 04:12 PM
Rainmaker
493,639
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

I've sold FSBO a few times as I had the buyers.  Some can be unreasonable so it just depends.

Mar 25, 2019 03:08 PM
Rainer
128,278
Ken Jones
Kenneth J. Jones, Inc. - Rahway, NJ
Commercial Real Estate Broker & Appraiser

Peter Mohylsky, SoWal Is HOME. Unless a seller hires me by contract (listing agreement), I do NOT show their property. PERIOD. NO EXCEPTIONS!

Mar 25, 2019 02:29 PM
Rainmaker
3,982,389
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Nope, unless he wants to list with me!

Mar 25, 2019 12:15 PM
Rainmaker
827,758
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

I don't go out of my way to deal with them, but I'll work with some of them now and then. Just depends how realistic they sound.

Mar 26, 2019 04:28 PM
Ambassador
2,992,691
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I do not work with FSBOs.

Mar 26, 2019 12:05 PM
Rainmaker
1,621,047
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Something always for nothing. The guy sounds deperate. Lowball him, buy it yourself, then flip it.

Mar 26, 2019 06:43 AM
Rainmaker
6,323,020
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Nope.

Mar 25, 2019 04:54 PM
Rainmaker
5,323,182
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

We would not.  Good luck.  A

Mar 25, 2019 12:52 PM
Rainmaker
3,797,625
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I sooner work expires then FSBO

Mar 27, 2019 10:46 AM