Pronounced: Fizz Bo
This can be a difficult time for the "for sale by owner". However, if you have the time and the money to hang in there you will probably sell your home.
Average days on the market have been 90+ days if listed with a real estate agent. Typically, it can take up to twice as long to sell a home as a FSBO. I real estate agent has many products to show, however a FSBO only has one product, their own home.
According to the National Association of Realtors 2005 Profile of Buyers and Sellers, 78% of buyers are already represented by a real estate agent. It makes sense to list your home where most of the buyers are looking with a real estate agent who will list your property and provide access to the internet for your listing.
As a FSBO you will be able to sell your home by yourself, however if time and money are of the essence you should considering listing your home with a real estate professional.