For Sale by Owners - Buyers Beware

I recently had the unpleasant experience of dealing with a "For Sale by Owner" seller. My buyer decided that we should look at a house that was listed in Longmont, Colorado. The Sellers representing themselves, paid a fee to have an agent enter the listing on the MLS system. After viewing this home, my buyer decided she wanted to make an offer since the home appeared to be what she was looking for. I cringed knowing that I would now be interacting directly with the Seller, although this shouldn't be an issue, it was. I prepared the offer and submitted it to the Sellers, who then had tons of questions and their own opinions of Real Estate contracts and Real Estate Law. Click here to read the rest of the story