Gourt > Regional > North America > Canada > Ontario > Business and Economy > Real Estate > For Sale By Owner
For Sale By Owner (FSBO; IPA pronunciation: ) is a term that describes a piece of real property that has been offered for sale directly by its owner, as opposed to by a real estate broker. In recent years, the term has been used more broadly to describe the process of marketing, buying, and selling of real property without the representation of a real estate broker.
A major motivator of owners to sell via FSBO is to avoid paying a commission to a broker, which is typically 6% of the sale price of the property in many parts of the US (Birger 2005), but can range from 5% to 7% in different markets. In Canada they range between 5% and 7%.*.
According to a press release by the National Association of Realtors (NAR) about their most current annual survey of real estate consumers: 2005 National Association of Realtors® Profile of Home Buyers and Sellers (NAR 2006):
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For Sale By Owner :: Real Estate
ON4Sale.ca - Directory of properties for sale by owner.
Meta Description: [ ON4Sale.ca - Real Estate Site of Ontario, Homes for Sale, Houses, Homes for sale by owner, Toronto, Ottawa, Hamilton, Windsor, Kingston, FSBO. ]
Ontario Private Listing Service - An outlet for promoting properties for sale by owner throughout Ontario, including vacant land, farms and businesses.
OntarioListings.ca - Listings of for sale by owner properties, offering low cost advertising to vendors.
Meta Description: [ Ontario listings - for sale by owner Ontario service offering low cost advertising to private home sellers. ]
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Peartree Home Marketing Consultants - Information on services, listings in Southwestern Ontario, and franchise opportunities.
Meta Description: [ Peartree Marketing Service. London, Ontario, Canada ]
Private Exchange - Lists homes for sale by owner.
Meta Description: [ Homes for sale by owner in Canada (Ontario, British Columbia, all provinces) ]
Private Multiple Listing Service - Carries advertising for Ontario properties on the market for private sale, as well as a mortgage calculator.
Meta Description: [ Canadian Private Multi Listings Service for Homes, Cottages, Resorts and Farms ]
Private Sale Direct - Service for advertising private home sales or renting, direct from owners.
Meta Description: [ Home Private Sale, Buy or Rent Homes direct from owners. Be part of the fast growing Homes for Sale by Owner movement. House Private Sale with 0% commission is the best way to save and put all the money into your own pocket. ]
PrivateList - Ontario properties for sale by owners, and tips and tools for private buyers and sellers.
Meta Description: [ Ontario Houses For Sale By Owner:
exposure for, and access to, Ontario private sale (FSBO) Multiple Listings
PLUS Real Estate Information Tips and Tools buyers and sellers
need for Ontario for sale by owner success. ]
PrivateRealEstate.ca - Assists in buying or selling homes without paying commissions. Listings include unlimited photos, description and signage for a flat fee.
Meta Description: [ Buy and sell your home privately commission free in Southern Ontario. PrivateRealEstate.ca is low cost and effective. ]
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