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A house for sale by its owner. 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 2010 alone, ForSaleByOwner.com facilitated sales of $1.8 billion worth of residential real estate. Based on 6% commission fee structure, the saving translated into at least $72 million. [1] In early 2000, California enacted laws that required websites that advertised properties for sale to obtain a broker’s license.
The ICI Homes logo began its use in 1998. In 2000, at the company's 20th anniversary, the company launched its Central Florida division, primarily focusing on the Orlando and Tampa areas. The company also built homes in communities in Georgia and Tennessee, [7] but returned to Florida exclusivity after a couple years. At the end of the 2003 ...
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