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
Process agent Process agent A process agent is a representative upon whom court papers may be served. In the US, the role is generally a requirement of US State law and is known as a registered agent, a resident agent or statutory agent. However, process agents are utilized in the US by truck drivers, brokers or freight forwarders for similar purposes. Process agents that provide nationwide coverage for motor carriers are commonly referred to as blanket companies. In the UK, a process agent is a contractual relationship, permitted by the Civil Procedure Rules. Under English Civil Procedure Rules, it is necessary to