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Personal and Business Banking

13.  What about FSBO homes (For Sale By Owner)

Home Buying Guide

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13.  What about FSBO homes (For Sale By Owner)?

FSBO (pronounced “fizzbo”) homes are not listed with an agent; instead the homeowner is marketing the house and handling the sales negotiations. The primary reason an owner will attempt to sell their home themselves is to save on paying a commission. Some owners may be willing to pay a smaller commission to a buyer’s agent.

Unless you enjoy face-to-face negotiations, you may wish to hire a buyer’s agent or real estate attorney to handle the negotiations on a FSBO property.

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