Gourt > Regional > North America > Canada > Prince Edward Island > 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
DeSable Land and Cattle Company - Approx. 206 Acres 1/4 mile of beachfront exposure. There is obvious development potential for the right purchaser.
Meta Description: [ DeSable, P.E.I., Canada for sale Approx. 206 Acres 1/4 mile of beachfront exposure. The property currently produces a bountiful potato crop. 15 minutes from Charlottetown and five minutes from the Confederation Bridge that connects P.E.I. to mainland Canada. There is obvious development potential... ]
Glynde Acres - For Sale in Stanley Bridge - Private and serene setting, dramatic views, peaceful surroundings and large private acreages. Photo gallery and prices.
Meta Description: [ PEI Real Estate For Sale on Prince Edward Island offering large real estate parcels with ocean, village, and sand dune views minutes from beach, golfing and dining. ]
Golden Sands Developments - Cottage ownership on prime beach front property, centrally located in South Rustico, Prince Edward Island.
Meta Description: [ Cottages for sale on prime beach front property centrally located on prince edward island, canada ]
Oceanfront Real Estate on PEI - Oceanfront property overlooking the Northumberland Strait near Victoria By The Sea.
Meta Description: [ Oceanfront Hampton Beach Properties and Lots For Sale on Prince Edward Island (PEI), Canada overlooking the Northumberland Strait near Victoria By The Sea. ]
PEI 4.5 Star Vacation Rental For Sale in Stanley Bridge - Located in Stanley Brdige. The home sites on 2 plus acres over looking the pristine Trout River.
Meta Description: [ PEI Real Estate For Sale on Prince Edward Island offering large real estate parcels with ocean, village, and sand dune views minutes from beach, golfing and dining. ]
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