What you need to know about FSBO

Today’s word is FSBO, for sale by owner.

That means it is a property that is currently for sale by someone that is not using a real estate agent so you can talk directly to the person who owns the property.

It’s a great way to get started in real estate because you have direct negotiations.

TIP: Keep in mind, real estate agents should NOT be posting FSBO unless they reveal that they are an agent owner.  Check your local laws for disclosures to that manner.

Make sure you go to DFWTOP.com/words if you want to download 22 Real Estate Investing Terms you need to know. It’ll help you as a new real estate investor sound like a pro.