Former FSBO CEO sells home the traditional way.

Founder and former CEO of ForSalebyOwner.com, Colby Sambrotto listed his 2,000 square foot New York condominium on his own through online classified ads and FSBO sites, but after six months, he opted to hire New York broker Jesse Buckler who immediately advised a price change as the listing was not attracting the right buyer.

The special tax on house purchases – overdrachtsbelasting or conveyancing tax – is to be reduced from 6% to 2% for a year in an effort to boost the housing market.