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FSBO translates to train wreck

By
Services for Real Estate Pros with Warren Home Inspections

I keep threatening to do it. Now I think it's time to do something. How about an extra $100-$150 fee for inspecting a FSBO. It seems fair to me. Someone should pay me for the aggravation.

We tend to forget the work that a Realtor does until they are missing from the equation. Simple things maybe, but important. Like unlocking a door to get me in. This week I had to wait for 45 minutes to get in because the seller was busy and didn't show up. And how about the other little things that were missing from this encounter; who's going to arrange the smoke detector inspection (a requirement in Massachusetts)? Not me. Who's going to help the buyer find a mortgage, an appraiser, an attorney? That's what the agents do, at least in my world. Sure I can recommend some to help them. I have access to a great team of Real Estate Resources; but the one referral this buyer needs is a good Realtor.

Now how about the big things the agents do? Who will assist the buyer in their negotiations once the inspection report is delivered? They'll ask me for help but it's not my job. I can't advise them even if I want to. Sounds like a job for a Realtor. What do the buyers do if the radon levels are high? Their Realtor (if they had one) would know.

I'm sure you get my point.  Everyone involved in a real estate transaction is important and needed. When you try to cut the corners to save a few dollars it usually backfires and it may end up costing you more in the long run, a lot more.

Bottom line? Hire a pro. In fact hire as many pros as is needed to get the job done correctly. It's the smart way to do it.

Show All Comments Sort:
Malcolm Johnston
Century 21 Lanthorn Real Estate LTD., Trenton, Ontario - Trenton, ON
Trenton Real Estate

Thank you for the vote of confidence Warren. That's a very good way of putting things, "we tend to forget the work a realtor does until they are missing from the equation".

Jan 22, 2010 04:40 AM
Krista Barnes
Carolina One Real Estate; Realtor, SFR,ABR,CIAS - Mount Pleasant, SC

I'm going to keep this in my arsenal when a buyer asks my why they really need my help! Thanks for posting~!

Jan 22, 2010 04:41 AM
Rory Warren
Warren Home Inspections - Hopkinton, MA

Malcolm, It's always easier with an agent involved.

Krista, My pleasure! I call them as I see them.

Jan 22, 2010 08:32 AM
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

No arguement here Rory! How many deals never even happen because the seller thinks he can do it on his own...the statistics say over 80% end up listing with an agent.

Jan 22, 2010 09:56 AM
Rory Warren
Warren Home Inspections - Hopkinton, MA

Bill, they should just start with an agent. It would be better for everyone involved.

Jan 22, 2010 02:38 PM
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Aug 15, 2011 11:31 PM
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