FSBO- MLS property- 1% buyer commission a big issue

[Aaron N.]

Im selling my personal home and decided to for sale by owner (one week on market) and Ive had some interest just of listing on zillow, postlet. I listed this $235K property for 226K as I wasnt planning on paying listing agent or buyers possibly. Its a great looking house in nice neighborhood so should be easy sale. Just to make sure it sales quickly I put it on MLS for $200 and agreed to pay 1% to buyers agent. I know its quite low but I think it will sale itself at this price in a week and we will be out a head rather that using the agent. Now that we have it on MLS Ive gotten more calls from agents wanting to know what commission will be although it is listed. I figured it would be a quick deal for all parties, easy sale, quick commission although only 1-2% and everyone could have made something. My only worries are that some agents may avoid the house bc they would be getting less than a usual sale(although this is a great deal for their client). Any thought from general folks or agents?

[Wayne Brooks]

You're shooting yourself in the foot. Why do you think it's such a great deal, you only think it's worth $235k.  This will be no easier than any other sale for a buyer's agent, just the opposite.  Since you have no agent, the buyer agent will have to deal with you, and hold your hand too, in addition to their own agent.  Why would they do this for $2,350, when it would be less work to have their buyer buy a different house, where they'd make $7,050?  So, what percentage of buyer's agents do you think will Not be showing your house, maybe 90% ?  So, do you like eliminating 90% of the buyers out there that are working with an agent?  But, that 1% sounds like a deal though, doesn't it?