FSBO (For Sale by Owner)

In today's declining real estate market, the services of a licensed real estate agent will go a long way. Many homeowners who are on their way into, or in default, will often try the FSBO route without knowing what they're in for. Also, many real estate agents won't show an FSBO listing, for a couple of reasons:

An FSBO listing won't come up in the local MLS (Multiple Listing Service) which is the tool Realtors use to search for properties. If it's not in the MLS, they don't know it exists and therefore can't show it.
When a homeowner trys to sell on their own, they're essentially saying that they don't want to pay Realtor commissions, and Realtor's often will not show an FSBO to perspective clients.


Even though Realtor commissions may seem unreasonable, they pay off in the long run as the Realtor takes care of all the marketing, and they resolve the myriad of problems that come up during the transaction.

Visit HELP on Foreclosure for more information and resources.