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In coordination with the FTC’s recent real estate competition law enforcement sweep, the Commission has issued a new Facts for Consumers publication entitled “Selling Your Home? Tips for Selecting a Real Estate Professional.” The publication, which can be found on the FTC’s Web site at http://www.ftc.gov/bc/edu/pubs/consumer/homes/zrea01.shtm, is designed to help anyone who is thinking of selling their home using the services of a real estate broker or agent. It describes the differences between types of brokers and agents, including the differences between traditional, full-service real estate brokers and non-traditional brokers that may offer many of the same services, but on an a la carte basis, and provides tips and questions to ask when hiring a real estate broker. The publication discusses different types of written real estate contracts, as well as the advantages and disadvantages of selling a home without a broker (for sale by owner), and identifies sources were consumers can get more information about mortgages and the home-sales process.

Copies of the new Facts for Consumers publication are available from the FTC’s Web site at and from the FTC’s Consumer Response Center, Room 130, 600 Pennsylvania Avenue, N.W., Washington, DC 20580. Call toll-free: 1-877-FTC-HELP.

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