As a "For Sale by Owner" seller, your plan to rely on your buyer's agent solely for the paperwork may not be the most prudent decision. Selling a home is a significant financial transaction and should be treated with utmost care and attention to detail. It's important to approach the sale process with a full understanding of the legal and financial implications involved, which may require the expertise of a professional, such as a real estate attorney or a listing agent.
It's generally not recommended for a "For Sale by Owner" seller to use a buyer's agent to facilitate their transaction.
Why Use a Real Estate Transaction Agent?
It's generally not recommended for a "For Sale by Owner" seller to use a buyer's agent to facilitate their transaction. This is because the buyer's agent represents the buyer's best interests, while the seller should have their own representation to ensure their interests are protected as well. Using a buyer's agent in this situation is akin to both the plaintiff and defendant using the same attorney in a lawsuit, which is generally not advisable. To ensure a fair and successful transaction, it's best for both the buyer and seller to have separate representation.
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