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
Lei Cheng Uk Estate Lei Cheng Uk Estate Lei Cheng Uk Estate () is a public housing estate and Tenants Purchase Scheme estate in Lei Cheng Uk, downhill from Cheung Sha Wan, Kowloon, Hong Kong, located near the So Uk Estate. Since the redevelopment in 1980s, the estate consists of 10 residential buildings completed in 1984, 1989 and 1990 respectively. In 2002, some of the flats were sold to tenants through Tenants Purchase Scheme Phase 5. The estate is now managed by Hong Kong Housing Society. In 1955, while levelling a hill to construct the Lei Cheng Uk Resettlement Area, workers discovered an ancient