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Redfin shows 10 FSBO listings.

So what’s going on?

There's a lot of bullshit involved in selling a home. Sellers desire having a realtor be the go-between between the looky-lous and their privacy and time.

Realtors earn their fees on the sell side not the buy side. Their purpose is very similar to salesmen you find when you shop for a car.

What you can do to submarine the process is monitor when listings go off and such. Sellers have exclusive contracts when the listing is active but after that if the realtor doesn't know who you are you can deal directly with the seller.

6% may sound like a lot of money but so is making a mistake when buying a house.

Troy says

What you can do to submarine the process is monitor when listings go off and such. Sellers have exclusive contracts when the listing is active but after that if the realtor doesn’t know who you are you can deal directly with the seller.

This is an excellent idea. Find a reliable way of seeing when listings go off market, go to county to look up the owner's contact information, and mail them an unsolicited offer for 6% less than what they had it listed at when the listing went off market.

1) It's a huge market that can come from anywhere, Asia, Brazil, Canada, Europe, Russia or 2M+ household locally so the value of pulling in more potential buyer is worth far more than whatever commission saved.

2) San Francisco has a very ethnic population so people who their own style.

3) An Investment banker, lawyer, etc. pulling in $100-$400 bucks an hour is not going to get down and dirty and do these things themselves when time can be better spent elsewhere. It is leveraging someone else's expertise at less cost.

4) You really think the buyer is not going to see FSBO and cut that into the offer as well?

5) Owners are human who has friends who happen to be realtors. I have no problem making it work for both me and the realtor.