We recently sold our house FSBO. We were willing to pay a buyers agent, but the couple that bought our house didn't have one. We sold them a great house at a fair, market-value price, and gave them a credit toward closing costs in lieu of an agents commission. Their inspector brought up two items - one we repaired and the other we provided a receipt for a prior repair. We had the house professionally cleaned for the buyers after we moved out, and gave them an appliance warranty for an problem that was not listed on the disclosure form and the inspector failed to find.
It took us half a year to sell the house. We're building a house and have not yet broken ground, so waiting for a buyer was not a problem for us. Although half a year is not too uncommon in a down housing market, it was not for lack of traffic. We did the flat fee MLS listing and offered to pay a buyer's agent 2.5%. We had showings nearly every week - some potential buyers spent hours and raved about the house, but no offers until the couple that came in without an agent.