FOR SALE BY OWNER

A "For Sale By Owner" (FSBO) property is a real estate listing in which the homeowner opts to sell their property without the representation of a real estate agent or broker. Instead of hiring a professional to handle the sale, the homeowner takes on the responsibility of marketing, negotiating, and completing the transaction themselves.

In an FSBO transaction, the homeowner typically assumes the role of the seller's agent, handling tasks such as pricing the property, creating marketing materials, scheduling showings, and negotiating with potential buyers. Without the assistance of a real estate agent, the homeowner may save on commission fees but also takes on the full responsibility of managing the sale process.

FSBO properties are often listed on various platforms such as online listing websites, social media, or classified ads. While selling a home without an agent can potentially save money, it requires a significant investment of time, effort, and expertise on the part of the homeowner to navigate the complexities of the real estate market and ensure a successful sale.