Tennessee SALE OF REAL ESTATE — Advertisement & Sale of Real Estate is the process of listing and advertising a property for sale by the owner or their authorized agent. The seller can list and advertise the property through various methods such as newspapers, magazines, online listings, and other marketing materials. Buyers can then review the property, make an offer, and negotiate a sale agreement with the seller. There are three main types of Tennessee SALE OF REAL ESTATE — Advertisement & Sale of Real Estate transactions: For Sale by Owner (FBO), Real Estate Brokerage (RED), and Auction Sales. For Sale by Owner (FBO) is when the seller lists and advertises the property on their own without the assistance of a real estate agent or broker. This is a popular option for those who want to save money on commission fees. Real Estate Brokerage (RED) is when a real estate agent or broker is hired to list and advertise the property for sale. The agent or broker will typically charge a commission fee for their services. Auction Sales are when a seller advertises the property for auction. This is typically used when a seller wants to quickly and efficiently sell the property. Overall, Tennessee SALE OF REAL ESTATE — Advertisement & Sale of Real Estate is a process in which owners or their authorized agents list and advertise a property for sale. Buyers then review the property and can negotiate a sale agreement with the seller.