If you’ve seen the sign FSBO in a front yard, it means that the house is For Sale By Owner. This is usually done when a seller wants to save up on commission fees. If you plan on selling your home, you can also do this as no law requires that you hire an agent to help you sell. However, you will need a real estate lawyer to draw up the necessary documents to close the sale.

You can start by checking local listings to come up with a fair price for your property. A house inspection is in order so that when buyers come in, they can have a look at it. One other thing you need to do is make a Full Disclosure on your property. After which, you can market your house via online and local newspaper listings. Another idea is asking friends and relatives for referrals. Once calls start coming in and buyers come to view the house, you can show them the reports about your house and the negotiating starts. It would be a good idea to have your real estate attorney present when the contract signing happens.

If you have enough time and energy to handle all the details, then go ahead and put up the “Fizzbo” sign.