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For Sale By Owner - FSBO

Pronounced "fizzbeau," this event is the nightmare of realtors far and wide. It happens when an owner lists her home for sale without any selling agent (commission-getter) attached. Sometimes it works and the owner saves the commish; sometimes it doesn't, and the fizzbo has to list their home with a real agency.

Beware the new Zillow products if you're a realtor. They're coming for you.

Find other enlightening terms in Shmoop Finance Genius Bar(f)