FSBO stands for “For Sale By Owner”, and it’s when a homeowner decides to attempt selling their home themselves without the assistance of a licensed real estate professional. The most common reason for this is to save the cost of paying the real estate agent’s commission. In most markets, it is customary for the Seller to pay both the Buying Agent and the Listing Agent’s commission. Depending on the negotiated percentage, this can be quite a lofty number depending on the purchase price. But what most homeowner’s don’t realize, is FSBO properties tend to sell up to 15% less than a property that was listed by a real estate agent! Not to mention the stress to market the property properly, be available to show the property, and go over contracts by themselves with no professional assistance.