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.
What is for-sale by-owner (FSBO)?
What is For-Sale-By-Owner (FSBO)? For-sale-by-owner refers to a home that the owner is selling without the services of a licensed real estate agent. In the industry, a for-sale-by-owner home is known as a FSBO (pronounced FIZZ-BO).
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.