In 2023, around 286,3000 homes in the U.S. were sold through For Sale By Owner (FSBO) transactions, representing about 7% of all sales. Homeowners are increasingly opting for FSBO due to the significant financial savings—up to $24,000 on a $400,000 home—by avoiding real estate agent commissions.

When it comes to selling your home, one of the biggest concerns for For Sale By Owner (FSBO) sellers is pricing. Many fear that without an agent, they might overprice or underprice their home, but the reality is that pricing your home isn’t rocket science. Here’s why:

When selling your home as a For Sale By Owner, you’re in charge of the entire process, from pricing to negotiations. One of the most critical responsibilities you have is disclosing any known defects or issues with the property. Failing to do so can lead to serious consequences, including legal trouble and financial losses.

Understanding what constitutes a fixture is essential when selling your home FSBO. Fixtures generally stay with the house, while non-fixtures can be taken with you. Clear communication and a well-drafted contract can help ensure a smooth transaction and avoid any disputes over what stays and what goes.

When homeowners decide to sell their property, the first thoughts often revolve around saving money and finding the right buyer. However, what many FSBO sellers overlook is their legal responsibility to comply with Fair Housing Laws. These laws apply regardless of whether or not you're working with a real estate agent, and failing to adhere to them can lead to serious legal consequences.

Selling your home FSBO a can be rewarding, but it requires a solid understanding of the home inspection process. Preparing in advance, staying flexible during negotiations, and knowing when to make concessions, can help you navigate this important step with confidence.