Selling Your House By Owner in MarylandFSBO is an abbreviated form of for sale by owner.
Sometimes it is also known as Fisbo or Fizbo.
Not really sure how and when this was started, but I can assure you that it wasn't meant as a derogatory term rather than a brief term to describe you.
FSBO are homeowners that want to sell their property without any assistance of real estate agent/company.
As a FSBO seller you may think you are in a great position that you can under cut your competition (other properties listed with real estate agents) and still keep more of the equity in your pocket.
However a significant number of FSBO sellers under cut their own selves. . by asking the same or more than properties listed through an agent.. .
Just be aware that buyers know you are saving that commission and they want a part of it!
Pricing Your House Tips for FSBO's
see video below
The decision to sell you house without a Realtor® is one you should make carefully.
If you're comfortable with the sales process, going FSBO may be an option to help you save money. .but If you're not comfortable with the negotiating process, then you may want to consider using a Realtor® that understands the reason why you are choosing this path.
Before anything else, your first step should be to at least check out what we offer you inside FSBOpluz.com