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For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
In 2003, ForSaleByOwner.com challenged the California’s State Real Estate Licensing Laws in court as a violation of the First Amendment. On behalf of ForSaleByOwner.com, lead counsel Steve Simpson, from the non-profit "public interest" law firm the Institute for Justice, filed a federal lawsuit in Sacramento. In the lawsuit, For SaleByOwner ...
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In September 2007 FSBO Madison was the subject of a study conducted by three economists from Northwestern University and the University of Wisconsin. [2] They reviewed the strengths and weaknesses of using a realtor and found that homes utilizing a realtor typically sold faster, but for-sale-by-owner sellers came out ahead financially. [3]
Affordability is becoming a growing challenge for younger generations. Although they're often drawn to vibrant cities for their career opportunities and lifestyle perks, high housing costs make ...
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