what is fsbo in real estate
Best answer
渇or sale by owner
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What is an FSBO home?
What is 淔SBO? In the world of real estate, it stands for 渇or sale by owner,?which means that the homeowners haven retained a real estate agent to help them sell their house. FSBO (pronounced 渇izbo? homes aren sold in the same way as agent-sold houses攁nd the process will differ for home buyers, too.
What is a FSBO transaction?
Sellers may go the FSBO route to avoid paying a real estate agent commission, which could be thousands of dollars. In FSBO transactions, the seller assumes all of the responsibilities and legal risks of completing the sale.
How do I find FSBO homes for sale?
If you檙e working with a real estate agent, they can usually arrange showings for you through the multiple listing service (MLS), but most FSBO homes won be listed there. Instead, you and your agent might have to search for open houses or listings by word of mouth or with a different platform.
What does FBO stand for in real estate?
In the world of real estate, it stands for 渇or sale by owner,?which means that the homeowners haven retained a real estate agent to help them sell their house.