A FSBO, also known as a for sale by owner, can easily be described as a homeowner selling their property without the representation of a real estate agent or broker.
There are many reasons why homeowners attempt to sell their home on their own. A few of the most popular reasons for FSBOs are they want to save the money that would be spent on real estate commissions or that they feel they don’t need a real estate professional to sell their home. No matter the reason, according to the National Association of Realtors, less than 10% of FSBOs actually sell.
There are many reasons why FSBOs fail and do not sell. Whether it is because the FSBO doesn’t understand how to price their home or whether it’s because they don’t know how to screen potential
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