Selling Your Home Yourself Is Commonly Referred to as a FSBO

question 148

True/False

Selling your home yourself is commonly referred to as a FSBO (pronounced "fizzbo") sale.

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Definitions:

Sales

The transactions in which goods or services are transferred from seller to buyer for money or other compensation.

Cost of Goods Sold

Costs directly linked to the creation of products sold by a firm, such as the expenses for materials and workforce.

Income from Operations

The profit generated from a company's regular, core business activities, excluding non-operating income and expenses.