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What Is FSBO In Real Estate?

FSBO (for sale by owner) refers to a method in which sellers sell their properties without the assistance of a real estate agent. These sellers are responsible for writing a listing description, taking high-quality photos, and posting the listing on real estate websites. This method also saves the seller from paying commissions to agents. Unlike an agent, an FSBO seller will have to handle all aspects of marketing the property, such as negotiating the final price, accepting offers, deciding on repairs, and negotiating a purchase agreement. (more…)