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What Does FSBO Mean?
FSBO means "For Sale By Owner." The abbreviation FSBO is usually seen when properties are advertised for sale privately and indicates that the owner of a property is offering it for direct sale without the use of an agent or broker. FSBO indicates that the seller wants to avoid paying a hefty commission for someone else to negotiate a deal and implies that the price will, therfore, be better for the buyer.This way of buying or selling a home is still relatively uncommon in the UK, but is popular in both the USA and Canada.
Image for FSBO
When I write FSBO, I mean this:
Summary of Key Points
"For Sale By Owner" is the most common definition for FSBO on Snapchat, WhatsApp, Facebook, Twitter, Instagram, and TikTok.FSBO | |
---|---|
Definition: | For Sale By Owner |
Type: | Abbreviation |
Guessability: | ![]() 4: Difficult to guess |
Typical Users: | ![]() Adults and Teenagers |
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Examples of FSBO in Sentences
Here are examples of FSBO being used in conversations:- Sharon: I'm going to look at a house today.
- Nicola: Which agent is it advertised with?
- Sharon: There isn't one. It's FSBO.
- Beau: Where did you get your dog from?
- Fergus: The advert in the paper said FSBO, but I think they were dealers.
An Academic Look at FSBO
As it is pronounced using its individual letters (i.e., "Eff Ess Bee Oh"), FSBO is classified as an initialism abbreviation. Initialisms are different to acronyms, which are spoken like wordsWhat Did We Say before Texting and Social Media?
Before the digital era, we might have said something like "private sale" instead of FSBO.Example of FSBO Used in a Text
FSBO
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