When selling on your own, you're responsible for pricing, staging, listing, negotiating, the paperwork, and closing. Q. Why most For Sale By Owner (FSBOs) fail?The property and improvements which the Seller is agreeing to sell and which the Purchaser is agreeing to purchase is known as. Friendly Advice to FSBOs. Click on Cease and Desist Zone Registration from the section above. Many REALTORS® contact the National Association looking for real estate forms. This FSBO paperwork is needed as soon as you accept an offer, so it's useful to have a purchase agreement onhand that you can fill out quickly. At least five members of the Board must be real estate brokers.