For sale by owner not sold through brokers each year (as of 2004). MSN Money suggests that 30% of homes are sold without using a real estate agent. More than half of the homes sold in Quebec are sold without an agent. In the UK, the average commission rate is significantly lower than in Canada or the US. Properties for sale by owner are less common. By law, all sales of property have to be supervised and handled by an independent solicitor who acts as a mediator and holds the buyer's money until the purchase process is finished. In Australia, the FSBO is still
Philip Johnston (estate agent) Philip Johnston (estate agent) Philip Johnston (1966 - 2017) was an estate agent from Belfast, Northern Ireland. In April 2005 Johnston was arrested on suspicion of money laundering. Former Ulster Defence Association leader Jim Gray had been arrested three days earlier, along with Gray's then girlfriend Sharon Moss The three were suspected to be using Johnston's property business to launder money from Gray's criminal activities. Central to the allegations was a luxury property Gray was renting from Johnston at Cherry Tree Walk in Cherryvalley. Johnston also purchased The Avenue One bar on the Newtownards Road from Gray for redevelopment. In