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Wednesday, December 25, 2019

Who Draws Up the Purchase Agreement for a Home That Is For Sale by Owner?

Courtesy of Realtor.com

The seller’s agent is typically the person who draws up a real estate purchase agreement. But what happens if the home is for sale by owner (or FSBO) and the owner isn’t represented by a real estate agent at all? A FSBO sale can occur in a seller’s market or when sellers want to maximize their profits on a sale by not having to pay a commission to a real estate agent.

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