FORT LAUDERDALE, Fla., Nov. 7, 2005 (PRIMEZONE) -- FSBO Media Holdings Inc., (Pink Sheets:FSMH) announced today that its wholly owned subsidiary, FSBO WebTV, Inc., has set the stage for a revolutionary lifestyle change that will affect the real estate sales commission structure nationwide.
FSBO WebTv has designed a proprietary sales program by which homeowners can buy or sell their property on a full service, "Self Help Directed" flat fee commission basis through the powerful tool of FSBO WebTV's video-driven web sites www.forsalebyownerwebtv.com or www.fsbowebtv.com.
All FSBO WebTv customers will be assisted by licensed realtors and other professionals nationwide based on the level of sales and marketing program they purchase. This "Self Help Directed" option could save the homeowner thousands of dollars in real estate commissions.
FSBO WebTv intends to model its real estate brokerage business after the discount stock brokerage businesses that revolutionized their industry such as E-Trade, Charles Schwab & Co., T. Rowe and many other popular consumer-accepted services that have provided the "Self Help Directed" methods of buying and selling and making investment decisions on their own without paying high commissions.
Bob Pianka, chief program director said, "We have looked at the real estate industry and the traditional commission structure associated with home sales and realized that the consumer should have a choice of selling their home either with a full-commission broker charging 5-7 percent commissions or saving thousands of dollars with our "Self Help Directed" flat fee commission program." He also added, "We believe that we are on the verge of creating a national lifestyle change with our unique method of "Self Help Directed" home selling."
About FSBO Media Holdings, Inc.
FSBO Media Holdings, Inc. utilizes conventional forms of media advertisement such as Internet, TV, print and radio. Other service providers will be able to advertise services and products through the FSBO Media Holdings network of affiliates. FSBO Media Holdings, Inc. will also seek to acquire other businesses related to the real estate industry, as well as other providers of media content.
This media release may contain forward-looking statements regarding, but not limited to, management, market potential, distributor success, market size, international sales and uncertainties that could materially affect actual results. Investors should refer to documents that the company intends to file with the SEC for a description of certain factors that could change actual results. Investors should refer to factors that could cause actual results to vary from current expectations and the forward-looking statements contained in this media release.