In Minnetonka, homes for sale by the owner, FSBO, is the procedure of selling real estate with being represented by a real estate broker. One of the most popular reasons why homeowners choose not to ask for the help of an agent is to avoid paying a commission. The agent typically will ask for 6% of the selling price of the property.
However, if a buyer is involved in a FBSO home, that buyer’s agent may ask for a commission from the seller for bringing the buyer. The seller is not compelled to pay this commission. If an agreement is not settled between the seller and buyer in any Minnetonka home for sale, then the buyer’s agent may not be compensated in the transaction. Homeowners may employ the services of marketing or online listing companies or market individual property.For more information please Visit : www.jimbergteam.com
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