FSBO and MLS
Once you put your home on MLS for a flat fee you are no longer considered to be selling your home FSBO or For Sale By Owner. MLS strictly forbids these terms. Simply put, the National Association of Realtors and MLS does not want to be associated with these terms because they are anti-agent. If being assisted by a licensed professional, once your home goes on MLS, you’re no longer selling as a For Sale By Owner which is commonly referred to as FSBO.
Since MLS forbids this terminology, any property listed on MLS is not allowed to use a lawn sign that says For Sale By Owner, FSBO or By Owner. If you think about it, the signage rule makes sense in that a For Sale By Owner sign can cause consumer confusion. They see the property listed online by a real estate agency, then they drive-by to check out the home. Guess what happens if the seller has a For Sale By Owner sign? The consumer gets confused.
It is really important that consumers not get confused. It’s in everyones best interest to be ethical and transparent when selling real estate. When we list your property on MLS for a flat fee, we give all sellers the option of buying a customizable sign. Notice our signs do not say For Sale By Owner, FSBO or By Owner. We only charge $30 for these double sided signs and they come with a lawn stake.