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FSBO Syllabification: FSBO
Pronunciation: /ˈfizˌbō/

Entry from US English dictionary

Definition of FSBO in English:

abbreviation

1For sale by owner, referring to the sale of property directly by the owner rather than through a professional real estate agent: FSBO sellers
More example sentences
  • I am not saying that you should not go FSBO (for sale by owner) or let your house be sold by Aunt Millie, who just got her license last month.
  • I was going to go it alone in selling the condo by doing a For Sale By Owner (FSBO) to save the 6 percent broker's fee … boy am I glad my wife talked me out of it.
  • Meanwhile, in the face of FSBO competition and the Internet (all for free for the sellers) realtors are still able to get people to hand over tens of thousands of dollars to help them sell and buy their houses.
2 [as noun] An owner selling a home or other property without the assistance of a real estate agent: FSBOs rely on their lawyers to draw up contracts
More example sentences
  • In addition to selling homes the traditional way, he has a Web site devoted to helping local FSBOs get the process started.
  • He shows FSBOs how to run ads on Craigslist's for-rent section that say something on the order of "why rent when you can buy for less money."
  • Seventy-one percent of FSBOs who managed to sell their homes on their own said they would try and sell their home on their own again.

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