by Answerbag Staff on July 28th, 2010

Answerbag Staff

Question

Help answer this question below.

What does"for sale by owner"mean?

Answers. 6 helpful answers below.

  • by Kristen Gerovac on July 28th, 2010

    Answerbag Experts

    Great Answer

    Professionally Researched. (What's this?)

    "For Sale By Owner" simply means that the individual who owns that item or property is selling it independently, rather than going through a third party and paying fees or commissions. This is common when selling real estate. The seller lists the property for sale without the help of a real estate agent.

    References:

    Mortgage Finder's Network: What Does For Sale By Owner Really Mean?

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  • by Lee_A2171 on February 22nd, 2011

    Lee_A2171

    FOR SALE BY OWNER OR FSBO IS A REAL PROPERTY OWNER WHO IS TRYING TO SELL THE PROPERTY ON THEIR OWN AND SAVE THE FEES ASSOCIATED WITH DOING BUSINESS WITH A REALTOR.

    CAUTION SHOULD BE USED TO VERIFY THE OWNERS REPRESENTATIONS REGARDING THE REAL ESTATE AND THE FINANCIAL DETAILS OF THE BALANCE OWED.

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  • by formichinoo on November 9th, 2010

    formichinoo

    Do not encourage meaningless questions by AB staff!

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  • by Scotslass on November 9th, 2010

    Scotslass

    They dont have a lawyer or an estate agent selling on their behalf. Better be careful and know exactly what they are doing, if there is someone to go to court with, then they cant blame the professionals!

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  • by Ron-T on November 9th, 2010

    Ron-T

    he never believed in advertising,lol

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  • by Ron-T on November 9th, 2010

    Ron-T

    hes tired,throwing the towel in

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