Definition of Listing:
Orange County Listing:
This is the term used for any kind of single family home, condominium, townhouse or piece of land for sale in Orange County. The listing may come from the Orange County MLS, from a bank's website if it's bank-owned (REO), or be sold directly by the owner without agent representation, in what is referred to as For Sale By Owner (FSBO), many times an owner will try and sell a home this way to avoid paying a commission to a REALTOR® or real estate broker. Even banks and lenders who are upside down on a property (the liens are greater than the fair market value of the home) will employ the services of an Orange County REALTOR® to assist them in selling their property – and pay the commissions – because of the exposure and marketing that they receive.