It's pronounced "fiz-bo," but it's spelled FSBO. It means "for sale by owner" and it's a pretty important acronym to understand if you're thinking about selling your home anytime soon. Consider that only about 10 percent of all home sales are FSBOs, according to the National Association of Realtors, which means the vast majority of transactions are completed with the help of an agent or broker.
Going the DIY route to selling your home has its pros and cons. I recently wrote about this topic for CTW Features, published in the Richmond Times Dispatch, available here, which I encourage you to read--especially if you plan an FSBO sale.