With buyer lined up, who needs an agent?

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

DEAR BENNY: I plan to sell my house and have already found a buyer and believe we can come to agreeable terms. Do I need a real estate agent or should I just retain an attorney? --Katherine DEAR KATHERINE: I know that the real estate industry will send me letters objecting to my response, but because you have already found a buyer, I see no reason to spend 6 percent, 4 percent or even 3 percent of the sales price on a real estate commission. Any real estate attorney can assist you with the negotiations with your potential buyer, and can easily -- and clearly at a much lower cost -- prepare the purchase and sales contract. The attorney can also give you guidance throughout the entire process. If you did not already have a potential buyer, my answer would be different. There, a real estate agent will be able to help you market and hopefully sell your house. Talk with a couple of attorneys, and find out exactly what their fee will be. Some lawyers charge on an hourly basis and...