What’s the etiquette?

What’s the etiquette?

Member since 2019 · 10 posts · 1 vote

I found a multi family house on a broker's site... but then, in researching, found it listed (more cheaply) on Zillow as FSBO. Any idea what the etiquette is here? I've emailed with the broker a couple of times now. Should I keep talking with the broker but try to get the cheaper price? Or go straight to the owner through Zillow and cut off contact with the broker? This feels like kind of an odd situation but maybe it's more common than I think?

Im very green and could use all the advice you’ve got. 

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  • Realtor · Southeast Michigan · Member since 2017 · 232 posts · 180 votes
    7y

    Well, if the owner has a listing agreement with broker, trying to cut him out completely is tort.

    If you have been taking up the brokers time inquiring about that specific property, its kinda crummy to try to cut him out of the buy side regardless. Remember that agents, like yourself, dont usually enjoy working for free.

    Youll burn some bridges in the long run trying to do what you want to do. 

  • Lender · Troy, MI · Member since 2019 · 432 posts · 147 votes
    7y

    @Mike Alber It is unusual when the seller has a contractual agreement with a broker; trying to sell for cheaper price outside the listing agreement.  Unless; the seller put that before entering the contract and forgot to remove it.  If the seller still wanted to sell for a cheaper price; be transparent to your agent (if they spent time with you already on this property or given your access to see the lists), and settle for agreeable compensation.  

  • Kenosha, WI · Member since 2015 · 89 posts · 81 votes
    7y

    Even if you and the  seller reached an agreement without using the broker a commission would be due because you discovered the property on the broker's site.  Per your post above the broker was the proximate cause of bringing you and the seller together.

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