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Rick Lee Rick Lee is online now
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Join Date: Jul 2001
Location: Cave Creek, AZ USA
Posts: 44,726
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Quote:
Originally Posted by fireant911 View Post
Just for my education, how can realtor hurt an FSBO?
Realtors hate nothing in the world more than FSBO's. Some FSBO's say in their listing that they'll pay 3% to a buyer's agent, so then some realtors will show the property. But a real FSBO, one that refuses to pay any commission, will be avoided like the plague by all realtors. Why would they show a house they make nothing on? In those cases, technically, the buyer is supposed to pay the realtor's commission. But how many buyers have ever done that? Realtors also hate FSBO's because they mooch off the realtor's advertising in the same neighborhood. When the market was really hot here and a realtor held an open house, the FSBO's also held open houses on the same day to capture some of the foot traffic that was already in the neighborhood.
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Old 01-20-2008, 08:56 AM
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