FSBO and Co-Broker

Not an expert, but sounds like BS to me. I don't see why a FSBO seller shouldn't agree to pay a buyer's broker that brings him/ her a buyer.

It is not a law, but I think there are some companies out there(maybe Elliman actually tho I could be wrong) that as a policy don't permit their brokers/agents to work with fsbo's on that basis. I don't know why either.

I am not an expert either but I think it has more to do with FSBO's not wanting to give any commission to a broker (hense they are selling the place themselves and not using a realtor) than a rule of a broker not being able to show a FSBO. I think it varies for each listing.

Sounds weird. I worked with a broker to buy my place and she showed me a couple of FSBO's. It's extra revenue for the agent & the firm.

Maybe they have this policy because working with another agent makes the process easier? Or they want to encourage more people to use agents. Regardless I think it sounds fishy for a RE firm to have this policy ....like a violation of anti-trust laws. An if a buyer's agent earned commission from an FSBO, would their firm care?

Any brokers out there have insight?

i have seen an elliman listing co brokered with corcoran.

#6--that is not we are referring to. What the Op was talking about was a situation wherein an owner does not want to hire a selling broker and tries to sell it themselves, however to get more traffic they offer brokers 2.5 or 3% (what they would get on a normal cobroke) if they bring their buyers and do the deal. I think there are companies that do not permit their agents to do it, but many that do. Also it might make a difference if the seller is an attorney as that becomes a more "legitimate" cobroke.

Bullshit. no such rule would apply only to Manhattan. Rules governing r.e. agents are promulgated under State Law and would be applicable to the entire State, not just Manhattan.

#8, what-EVER. The point is whether there is ANY law or rule prohibiting agents from co-brokering with an FSBO.

#8-- Listen, dick. The answer is no.

No, there's not such prohibition. A co-worker of mine just sold his own place without a sell-side broker, and negoitated 2.5% with the buyer's broker. This is done all the time.

Again--there is NO law or rule, but I think it is against some companies individual company POLICY