What is For Sale By Owner Real Estate?
For Sale By Owner (FSBO) is a term that is used to refer to real estate, usually residential homes, which are being sold by the owner without the help of a real estate agent or broker. The allure of the “For Sale By Owner” method is the opportunity for the home seller to save money by not having to pay a commission to a real estate agent upon the sale of their property. The home seller takes on the role of the real estate agent for their property and essentially “earns” the commission for the sale. The earnings from an FSBO real estate sale can either be kept by the home seller as increased profit or passed on to the real estate buyer by offering the home for sale at a lower price. While the financial gains from an FSBO transaction can amount to quite a tidy sum, if you are interested in selling your own home privately be prepared to work for this money. Real estate agents are licensed professionals who do offer a valuable service. For some home owners the security of a professional ha
