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You Be The Judge: Should This Real Estate Agent Be Paid?
 
You Be the Judge: Should This Real Estate Agent Be Paid? 
 
The Case Before the Court:
A “For Sale By Owner” seller spent time and money advertising his property, holding 

open houses, and doing everything he could think of to attract a buyer to his property.   Several area real estate agents stopped by and asked him if he would co-op. Knowing that the customary co-op rate in the area was 3%, the seller replied that he would pay the Realtors 3% if they brought him a buyer. 
Realizing that he could increase his chances of selling his home faster with some professional help, he put that he would co-op with real estate agents on his flyers and in his ads at 3%. 
Eventually, at an open house, the seller shows the home to someone driving by and ends up selling the home all by himself.  Several days later, a real estate agent shows up at his door and demands the 3% commission since he had been working with that prospect for some time. 
Now then, the question before the court:
Should the For Sale By Owner seller pay the real estate agent?
 
 
 
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