Expert answers from Michigan's trusted cash home buyers. Questions? Call (269) 389-9961 anytime.
Absolutely — Michigan has no law requiring real estate agent involvement. You handle marketing, negotiations, contracts, and disclosure. You'll still need: a Michigan-licensed title company to handle closing, the Seller Disclosure Statement (Form 765), and a valid purchase agreement (Michigan Association of Realtors forms are available or an attorney can draft one).
Research: look at 3-5 recent sold comparable properties within 1 mile with similar size, age, and condition. Use county tax records, Realtor.com, and Zillow for sold prices. Be honest about your home's condition relative to comparables. Overpricing is the #1 FSBO mistake — you waste time and end up discounting more than if you'd priced right initially.
NAR data shows FSBO homes sell for less than agent-listed homes on average — but this partly reflects that FSBOs tend to be priced to a buyer the seller already knows. When comparing similar homes, the agent commission savings often make FSBO net proceeds comparable or better. The real risk is pricing error and legal missteps.
Required: Seller Disclosure Statement (Form 765), purchase agreement, lead paint disclosure (pre-1978 homes), deed prepared by title company, transfer tax forms. Optional but advisable: title commitment, survey (if boundaries are unclear), seller closing statement. A real estate attorney can review your documents for $500-$1,000.
Not exactly — when you sell to a cash buyer like 7 Lakes Properties, you skip the agent but you work directly with us. We handle all paperwork, coordinate the title company, and guide you through closing. You get FSBO savings (no buyer's agent commission either) plus the expertise of a professional buyer. Call (269) 389-9961 to see what we'd offer.
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