It's definitely worth a shot since buyers' agents represent over three quarters of all home buyers. If you want to engage them I would definitely offer a commission in your local inter-broker database (in NYC it's called the RLS - REBNY Listing Service).
Why? Because that's the standard and most efficient way for buyers' agents to get paid for bringing a buyer. Any listing in RLS is automatically co-broked. Meaning it's already contractual just by being in the database that the buyer agent will get paid by the listing agent.
If you don't do this and just go via a traditional FSBO, then how will the buyer agent get paid? A custom commission agreement form? How many buyers' agents will bother to do that?
SO make sure you do a flat fee RLS listing if you choose to engage the three quarters of buyers represented by agents!
Why? Because that's the standard and most efficient way for buyers' agents to get paid for bringing a buyer. Any listing in RLS is automatically co-broked. Meaning it's already contractual just by being in the database that the buyer agent will get paid by the listing agent.
If you don't do this and just go via a traditional FSBO, then how will the buyer agent get paid? A custom commission agreement form? How many buyers' agents will bother to do that?
SO make sure you do a flat fee RLS listing if you choose to engage the three quarters of buyers represented by agents!