FSBO (For Sale By Owner)

FSBO, or For Sale By Owner, refers to when a property owner chooses to sell their home independently, without hiring a real estate agent. This approach allows the owner to save on commission fees but requires them to handle all aspects of the sale, including marketing, pricing, negotiations, and legal paperwork. While it offers more control and potential cost savings, it also demands time, effort, and a good understanding of the real estate process. FSBO is often chosen by experienced sellers or those willing to take on these responsibilities to retain full ownership of the sale process.