Quick answer
Мо́жет быть
mózhet byt — literally “it may be”
The options
да нет, наве́рное
The famous phrase Да нет, наве́рное contains “yes”, “no” and “probably” and means “well, probably not”. The да is not a yes at all — it is a filler, like the English “well”.
What you hear back
Typical mistakes
Reading да нет as a contradiction
It means “well, no”
The да is a discourse filler, not an answer.
Мо́жет быть, я приду́ — written without a comma
Мо́жет быть, я приду́.
The phrase is set off by a comma.
Check yourself
What does Да нет, наве́рное mean?