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From Wiktionary under the GNU Free Documentation License.
Sun Jan 3 11:49:36 2010

For Sale By Owner, or FSBO (pronounced /ˈfɪzboʊ/), is the process of selling real estate without the representation of a real estate broker or real estate agent. Homeowners may employ the services of marketing or online listing companies or market their own property but do not pay a commission and represent themselves with the help of a lawyer throughout the sale.

Interaction with Real Estate Agents

One of the most popular reasons why homeowners choose to sell their house without the assistance of an agent is to avoid paying an agent's commission. In the US the agent's fee typically makes up 6% of the selling price of the property.

When a homeowner decides to sell their home without a real estate agent and a buyer who is not working with an agent wants to buy the home, the seller pays no commission because no real estate agents are involved.

If a buyer who is represented by an agent is interested in a FSBO home, that buyer's agent may request the owner pay him or her a commission, or finder's fee, for bringing the buyer. The seller may choose to either pay the fee or refuse. The seller is not legally obligated to pay any commission. If no agreement is in place with either the home buyer or the owner of the FSBO property, the buyer's agent may not necessarily be compensated in the transaction.

Market Share

Canada

Separate reports from the Canadian Real Estate Association and CTV Consumer Reports state that between 20% and 25% of homes in Canada are sold through brokers each year. MSN Money suggests that 30% of homes are sold without using a real estate agent.

More than half of the homes sold in Quebec are sold without an agent.

UK

In the UK, the average commission rate is significantly lower than in Canada or the US. Properties for sale by owner are less common.

From Wikipedia under the GNU Free Documentation License
Wed Feb 10 05:29:35 2010

Make Sure Your Open House Is a Smashing Success | Fix Laptop Problems
fix-laptop-problems.com
Make Sure Your Open House Is a Smashing Success | Fix Laptop Problems

admin

Sun, 13 Dec 2009 03:02:40 GM

If you are selling your house . for sale by owner. , I suggest you combine appointments with potential buyers with an open house. Keep your open house short - no.

Philadelphia Investment Property Selling: Make Your Money Grow ...
melekh.com
Philadelphia Investment Property Selling: Make Your Money Grow ...

Jason Centeno

hu, 03 Dec 2009 15:58:36 GM

New York Homes . For Sale By Owner. New York . FSBO. . Post a Classified! You have to be logged in to post a classified ad. Register Blog > Real Estate > Philadelphia Investment Property Selling: Make Your Money Grow. Previous Next ...

 FSBO Tips From Former Realtors
sokak34.com
FSBO Tips From Former Realtors

admin

Fri, 04 Dec 2009 14:54:16 GM

Technorati Tags: Agent, by, commission, contract, ESTATE, Expert, for, . fsbo. , Glink, home, house, Ilyce, listing, money, open, own, owner, REAL, realtor, sale, save, Sell, tips, your.

From Google Blog Search: "fsbo"
Sun Jan 10 19:38:08 2010

Ditching short sales - Inman.com
news.google.com
Ditching short sales

Inman.com

You see more FSBO ( for-sale-by-owner ) transactions in the Midwest than anywhere in the country due to a different, trustworthy vibe in how deals get done ...
Week of February 3, 2010 - News@Norman
news.google.com
Week of February 3, 2010



Call 704-507-9577 fsbo reduced below tax value! Town home in Mariners Pointe. Gorgeous end unit, master down, hardwoods, granite, one car garage. ...
Criza a triplat traficul pe site-urile imobiliare - Financiarul.com
news.google.com
Criza a triplat traficul pe site-urile imobiliare

Financiarul.com

In Romania, segmentul de on-line specializat in promovarea ofertelor direct de la proprietari - For Sale By Owner ( FSBO ) - a cunoscut cea mai rapida ...



and more »

From Google News Search: "fsbo"
Tue Feb 9 06:06:38 2010

fsbo jpg
westonplace.com
fsbo jpg
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[source page]



MBR Bathroom
fsbo.com
MBR Bathroom
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[source page]



Master Bedroom
fsbo.com
Master Bedroom
768px x 1024px | 599.80kB

[source page]



From Yahoo Image Search: "fsbo"
Sun Feb 21 08:15:12 2010

when purchasing a home that is FSBO, are you obligated to your contract with your realty agent?
Q. we have a contract with our realtor to help us find a place. well, my wife found one that is FSBO...and it is perfect, it's the one we will be purchasing. are we obligated to our realtor since this is not a listing with a real estate company? or does it being a FSBO "void" our responsibilities to her?
Asked by jettamadness - Sun May 25 19:20:36 2008 - - 4 Answers - 0 Comments

A. She is void because she did not show you the property, This has happened to me before and I told the agent I found a home that was a FSBO she wasn't happy but, it's all about me :)
Answered by Kimo - Sun May 25 19:29:34 2008

Can I have my house listed lower as FSBO than the Realtor?
Q. I have kept the right to sell my house myself but I also have it listed with a realtor. Can I have the price lower as FSBO?
Asked by Elizabeth - Fri Jul 13 19:38:51 2007 - - 7 Answers - 0 Comments

A. Your realtor is apparently a crazy person. You can set the asking price for whatever you like. When it comes down to it the only thing that matters is the selling price. I'm assuming you signed with the realtor in order to get on the MLS. If you really want to go the FSBO route, I think you are better off ending the relationship with the realtor. There are other ways of getting on the MLS. If you are looking for more advice on selling as a FSBO, check out my website
Answered by Emma Martin - Sat Jul 14 01:53:57 2007

I am currnetly buying a home on a FSBO, am I disqualified from a first time buyer loan?
Q. I live in Texas, and I am listed as the owner with the tax office. This is the only home that I have ever purchased but as the owner is carrying the note does it count against any first time buyer programs that are available?
Asked by Larry G - Wed May 21 09:50:45 2008 - - 3 Answers - 0 Comments

A. Yes, you are not a first time buyer. Even if you bought with cash you have held title before and it sounds like you hold it now. The programs are to help people get started, you are started and do not require any assistance.
Answered by Landlord - Wed May 21 09:58:46 2008

From Yahoo Answer Search: "fsbo"
Tue Feb 9 06:06:42 2010

From Wikiquote under the GNU Free Documentation License.
Thu Jan 14 23:37:29 2010

See also:

  • AllTheListings.comAllTheListings.com
    allthelistings.com
    US nationwide searchable listings for properties for sale by owner.
  • Mobile Homes Buy OwnerMobile Homes Buy Owner
    mhbo.com
    Retirement mobile homes for sale by owners in retirement communities.
  • Glo-conGlo-con
    glo-con.com
    Offers international listing service to private home sellers and real estate agents.
Custom search only fsbo sites:

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Sun Feb 14 23:38:19 2010