YFSBO, or "Fizz-bo" as it's commonly pronounced, stands for For Sale By Owner, a method of selling your home without engaging a professional real estate agent or broker. The main attraction of FSBO is the potential to save on the agent's commission, typically around 6% of the sale price.

While a 3-6% saving might seem appealing, especially for higher-value homes, it's important to understand what you're taking on with FSBO. It's a challenging route, with only about 10% of FSBO sellers achieving success. Moreover, FSBO sellers often compromise on their home's selling price, sometimes negating the savings from avoiding commission.

FSBO involves considerable effort - for many, it becomes a full-time job. The responsibilities are extensive, from marketing and advertising to handling inspections, paperwork, and showings, not to mention navigating any issues that arise during the sale process.

Using a professional agent offers several advantages, such as listing your home on the Multiple Listing Service (MLS) and other popular platforms, significantly increasing visibility to potential buyers and other agents. Agents' extensive networks often facilitate quicker sales as well.

Before deciding on FSBO, carefully consider your availability to dedicate time and effort to the sale process and how quickly you wish to sell your home. This decision impacts not just your potential savings but also the overall selling experience and outcome.