Define FSBO. FSBO synonyms, FSBO pronunciation, FSBO translation, English dictionary definition of FSBO. abbr. for sale by owner American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Pub
In traditional real estate transactions, home sellers have to pay commissions of up to 6%, split between their agent and the buyer's. Sellers go the FSBO route to avoid paying an agent of their own, although they'll often have to pay the buyer's agent (if any) a commission of 2% to...