for sale by owner
- The act of selling a property without the use of a real estate agent, typically to save on commission fees, but requiring the seller to manage marketing and legal aspects of the transaction
- The house on 5th street is listed as for sale by owner, so they're handling their property transactions themselves.
- They opted for a for sale by owner approach to avoid agent commissions.
- The Johnsons researched legal regulations thoroughly before deciding to take on a for sale by owner sale.
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