StraightTalk Home Buying Guide
Chapter 2. Shopping for a Home
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.
Prepared for Corning Credit Union by Remar Sutton & Associates, July 2004. Reviewed and updated May 2007. All rights reserved.
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