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Real Estate
Reply to "For Sale By Owner?"
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[quote=Anonymous]Because I hate the thought of giving 3% to the buyer's agent, try this instead. Offer a $5,000 buyer's credit. Give that money as cash to the buyer and tell them they can use it for anything they want: as part of a down payment, for closing costs, EVEN to pay a realtor to help them fill out paperwork. Be sure to tell them there is no other money set aside for the buyer's agent. And be sure to put that message in public places like the flyer you hand out at the open house and on Zillow in the home description area. This does 2 things: it potentially increases the number of buyers for your home AND it gets them negotiating with their agent to lower their fee because they want their $5,000 to go as far as possible. I assume that $5,000 is less than 3% of your home. Good luck.[/quote]
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