FAQ - REAL ESTATE
We noticed some Indy area real estate companies have FSBO sounding names but they charge commissions and a lot of money upfront - what's up with this?You are correct. Unfortunately, due to our customer's success of selling FSBO properties, many start-up real estate companies have named their business with FSBO sounding names... trying to mooch off our customer's success. From them, you can expect very high pressure and forceful "salespeople" trying to get you to list immediately (they get a fat commission when they "sign" you). They boast of selling by owner, yet charge high fees upfront fees and/or high commissions to simply slap you up on the MLS. If they convince you to go on the MLS, you are agreeing to pay a buyer's agent commission in addition to the upfront fees. They may also 'forget' to tell you that they do not advertise your property and they have many hidden fees like charging extra to do your paperwork. Do not assume that all buyers have agents - in fact, 9 out of 10 people who shop our magazine and Internet site are NOT working with an agent. Back to FAQ
|