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For Sale By Owner Documents


For Sale By Owner (FSBO) Documents

What are For Sale By Owner Documents?

A popular method of bypassing the real estate agentís commission, is the sellerís attempt to sell their home themselves without engaging the services of a licensed Texas Realtor, that is "for sale by owner" and "FSBO."  Often, FSBO organizations provide sale and marketing materials to the prospective seller for a fixed fee, and sometimes a listing on the Multiple Listing Service (MLS).

Why do I need a lawyer for Sale By Owner Documents?

However, if your comfort level isnít very high after reviewing FSBO materials, call a Texas real estate attorney for their counsel and advice.  The real estate attorney will not provide marketing advice, but they will provide legal advice and explain the documents which the seller and the buyer will execute when they have reached a "meeting of the minds."

However, any contract may be "tweaked" to favor one side or another, and TREC documents used in FSBO transactions are no different.  Attorneys are authorized to modify the substantive content of TREC documents used in FSBO transactions.  If you donít understand a contract or a document you have been requested to sign, donít sign it!  You may always engage the services of a Texas attorney to explain the document, and to modify it if necessary.

I regularly assist clients in reviewing, interpreting, modifying, and negotiating TREC contracts and documents used in for sale by owner (FSBO) transactions.

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