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Buyer Beware on For Sale by Owner – Mortgage Loan Rates. – Typically, the buyer’s agent and seller’s agent will split the 6 percent agent’s commission in a regular transaction. However, many buyer’s agents are reluctant to get involved in a FSBO transaction because it means they end up doing all the work the seller’s agent would normally do and still only get the same 3 percent commission.
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In today’s market, as home prices rise and a lack of inventory continues, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO).There are several reasons why this might not be a good idea for most sellers.