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  2. For sale by owner - Wikipedia

    en.wikipedia.org/wiki/For_sale_by_owner

    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.

  3. Real estate business - Wikipedia

    en.wikipedia.org/wiki/Real_estate_business

    A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...

  4. These families have boxes of offer letters for their land ...

    www.aol.com/news/inheriting-ancestral-land-black...

    Still, Evelyn S. Booker, who inherited the land from their mother, Esther Smith Morse, says she and her seven siblings receive letters and texts weekly from developers with offers to buy.

  5. Letter of intent - Wikipedia

    en.wikipedia.org/wiki/Letter_of_intent

    School administrators in secondary education often require a letter of intent before approving the formation of a student club. In real estate, in cases where the real property in question is not listed on a multiple listing service, there may not be an easy way to notify the owner of the property and other interested parties of intent to ...

  6. Do all heirs need to agree to sell an inherited property? - AOL

    www.aol.com/finance/heirs-agree-sell-inherited...

    For example, in California, if the executor can sell the property for at least 90 percent of its appraised value, they may have the authority to move forward with the sale. So know your state’s ...

  7. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    The sale of land is governed by the laws and practices of the jurisdiction in which the land is located. Real estate called leasehold estate is actually a rental of real property such as an apartment, and leases (rental contracts) cover such rentals since they typically do not result in recordable deeds .