for sale by owner

"For sale by owner" (FSBO) means that the person or entity selling a property is doing so without involving a real estate agent or broker. The owner handles all aspects of the sale, including marketing, negotiations, and paperwork. This approach can save on commission costs, but requires the owner to be knowledgeable about the selling process and local regulations. FSBO is common among experienced sellers who want more control over the sale and potentially a higher final price, though it can also be more time-consuming and demanding.