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For Sale By Owner (abbreviated as FSBO) is a real estate term which describes the situation in which a property is offered for sale directly by its owner and without the help of a real estate broker, implying that no real estate commission is associated with the sale. 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.The word fizbo (pronunciation of FSBO) is also used to describe home owners who sell their homes and land by themselves and don't use a realtor. Many sellers who choose to sell via FSBO do so to avoid paying a commission to a broker, typically 6% of the selling price of the property. Commissions can range between 5% and 7% in different markets across the U.S. as well as in Canada.By far, the most important services that is provided by FSBO websites is a connection to the publicly accessible portion of the Multiple Listing Service (MLS), which is the main source of information for realtors. If a broker lists a seller's home in the local MLS, the broker offers a portion of the commission to any other broker who can bring them a buyer. The Flat-fee MLS option allows the seller to cut out the listing broker's commission completely.According to National Association of Realtors, 2006 Profile of Home Buyers and Sellers is that 12% of the real estate transactions were FSBO.
Google Maps (also named Google Local) is a free web mapping service application and technology provided by Google that powers many map-based services including the Google Maps website, Google Ride Finder and embedded maps on third-party websites via the Google Maps API. It offers street maps, a route planner, and an urban business locator for numerous countries around the world.
Craigslist is a network of online communities, featuring free classified advertisements (with housing, personals, jobs, for sale / rental / roommates / wanted, services, community, gigs, resume, and pets categories) and forums on various topics.