For sale by owner, or FSBO, is a term that refers to a method of listing a property for sale. In a FSBO listing, the seller does not work with a real estate agent; rather, they sell the home themselves.

Homes listed as for sales by owner (FSBO) are being sold without the help of a real estate agent. The biggest benefit to the seller is they avoid paying commission fees — but there are few benefits to the buyer.