FOR SALE BY OWNER

First and foremost, you need to educate yourself on how real estate transactions happen. There are online guides and plenty of books on the subject at your local bookstore. When you decided to sell your own house, you are considered a FSBO seller [for sale by owner]. This FSBO market is growing like mad, which means you can find form contracts and agreements ready made for your particular state.

A second thing to realize is real estate laws are generally governed by states, not the federal government. This means the particulars of real estate transactions in your state may be different from those in another state. You should look for references related to your state, not nation wide advice. Nonetheless, here are a few universal pointers.

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