Process for buying a Sale By Owner home? - Zillow Real Estate ...

Why not share where you are located, and then perhaps you can get a more specific answer that will prove more useful.

I wish Zillow, like Trulia does , showed the person's location so agents?in that state or area could know when to jump in and be helpful.

Your question, as it now stands, will get answers specific to an agent's area...so they may or may not work for your location.

In my part of NJ, we - even with agents involved - ?routinely use real estate attorneys to handle our closings - so if you're in NJ, I'd suggest finding one, and let? him or her represent you.

Now, if you don't have a clue about home values, then you could/should use the input of a local agent to make sure your offer fall in line with area comps..

As far as how the commissions would be paid - that is negotiable, and may depend on where you are in the process.

Have you already been in contact with the sellers?
Have you already engaged in negotiating - have you agreed to a price yet?

If you're already engaged with the seller, and now, at this point, ?decide you want an agent involved - ?then discuss?this with the seller.

If none of the above has taken place as yet, and you want to work with an agent right from the start?- you can let the agent reach out and see if the sellers would be receptive, and would allow the commission to be factored into your offer.
Either way - you're paying the commission, and it's all negotiable!

Good luck!

Best wishes.....

Source: http://www.zillow.com/advice-thread/Process-for-buying-a-Sale-By-Owner-home/475028/

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