When you want to sell your without the assistance of a realtor one of the many things you must do yourself is write a contract for the sale of the property. This type of contract is commonly referred to a “For Sale by Owner,” or FSBO, contract.
The FSBO contract outlines the terms and conditions of the sale, as well as the rights and obligations of both the buyer and seller. By including the proper language in your contract, you can write an effective FSBO contract and protect your legal rights. Additionally, it can save you from paying a real estate agent, which would typically cost you six percent (6%) of the sale price, which could put significantly more money in your pocket.