The Evolution of For Sale By Owner (FSBO) concept by one of its gurus

1999
Develops website forsalebyowner.com for use by FSBOs

2006

Sells site to Tribune Interactive for undisclosed amount

2007

Buys apartment in NYC for $2 million

2011

Sells home paying 6% commission to broker after failing as a FSBO


2011

Announces plans to launch brand new FSBO website
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February 15 - US

Replies (2)

Profile picture for HomeHappyKristin
This guy had the combination of the right skills/knowledge and good timing when he created a website to serve sellers who wanted to try to sell their homes without professional representation. He was successful & was able to sell his business for a profit. He didn't fare so well selling his own home without representation. We'll see how he does with his new venture.
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February 15
Profile picture for VARealtor
Very interesting!! I agree with Kristin, let's see how his new venture weeds out.
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February 16
 
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