The Real Estate Encyclopedia
What Is A For Sale By Owner (FSBO)?
Category - Home Selling Questions - General Home Selling FAQ's
Many homeowners make the decision to try to sell their home themselves to save the sales commission. They are generally referred to as a For Sale By Owner or FSBO; pronounced Fiz-bows. Often FSBOs are unable to complete the sale because the property does not receive sufficient exposure.

Real estate professionals generally provide a valuable service for the commission they earn. They will guide you through the sales process, tell you what the weaknesses in your property are, run both print and online ads for you, place your property in the Multiple Listing Service, handle the paperwork and negotiate a price. Sellers should remember that real estate commissions are negotiable and discuss the options with a real estate professional before deciding to sell on their own. Most agents interested in the listing will be open to discuss an acceptable solution.

 
Category(s)
Home Selling Questions - Listing & Agreements FAQ's
Home Buying Questions - General Home Buying FAQ's
Home Selling Questions - General Home Selling FAQ's
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