|Acquired by||Tribune Company|
ForSaleByOwner.com is the nationâ€™s leading â€œby ownerâ€ real estate website. Since 1999, ForSaleByOwner.com has saved home sellers more than one billion dollars by coaching and equipping them with information, tools and services that enable them to buy and sell houses directly.
By selling directly, homeowners can control costs and fees, recouping their home equity. ForSaleByOwner.com charges $89 to $809 for its wide range of advertising, listing services and related information and tools. A homeowner selling a $300,000 home through a real estate agent would be charged a 6% commission and pay approximately $18,000, plus additional fees.
ForSaleByOwner was acquired in 2006 by Tribune Interactive and is based in Chicago.