FIZBO

FIZBO is another way of referring to the real estate term FSBO, or For Sale By Owner

A FIZBO or fizbo property is one that is currently for sale, or perhaps already sold, without the assistance of a real estate agent or realator. It is also sometimes used to refer to the seller of the property, as in "I met some other FIZBOs at work today" .

Commonly these properties are found on specialist on FIZBO web sites such as smartvendor. Private sale properties are also found in newspaper classified, specialist papers and magazines..

In Australia FIZBO, or Private real estate sales, used to account for only a very small amount of property sales, but with the continued dominance of the world wide web, and sites like smartvendor.com.au offering easy to create, good value web adverts and marketing tools the number is constantly rising.

Most vendors are drawn to the FIZBO property sales system because of the the ability to save on estate agent commissions. Many vendors also enjoy the challange and feeling of satisfaction when they sell their own home. This is often true of the many Australians who have built their own homes.

To find out more on the FIZBO system, visit www.smartvendor.com.au