For Sale By Owner (FSBO)

Definition

A property listing where the owner sells directly without a real estate agent, proving that anyone can list a home but not everyone can sell one.

Example Usage

He decided to go FSBO to save on commission, then spent six months learning why agents exist.

Origin

American real estate terminology, emerged in the 1970s

Fun Fact

FSBOs statistically sell for 6-16% less than agent-listed homes, making the commission savings largely theoretical.

Source: National Association of Realtors documentation

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