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Dog-faced pony soldier
Join Date: Feb 2004
Location: A Rock Surrounded by a Whole lot of Water
Posts: 34,187
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I smell a trap. I'm guessing he'll either expect compensation or he'll use the "service" of providing you with the comps to try and guilt you into signing an agreement with him.
Comps are simply comparisons of other properties in the area with similar features which are used as a rough basis of valuation. As long as you make it clear up front and you're adamant that you WILL sell this house FSBO, you have no interest in paying an agent's commission and he's wasting his time if that's what he's after and the comps will be solely at his expense with no strings attached, then there's probably no harm in it. I'd have it put in writing too. Yes, seriously.
This is common sense and I'm sure you'd be smart enough to not, but obviously sign nothing otherwise he could trap you into an exclusivity agreement with him (usually for 6 months).
If he wants to make an offer you can always tell him he's welcome to do so like everyone else, but you'll evaluate it on the basis of your own research, comps and pricing thank you very much. That's probably the way I'd handle it.
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A car, a 911, a motorbike and a few surfboards
Black Cars Matter
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