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Is it a mistake to do a deal when the property is “for sale by owner”?

We don’t recommend it, but it is possible to buy and sell a house without a real estate agent. 

Even without an agent, a closing attorney is required to complete the sale. The closing attorney will draft and review the sales contract and make sure the transfer of ownership is handled correctly.  

Often a person who has been renting a home will decide to buy it, and they may choose to complete the purchase without a real estate agent. Their first stop should be with a closing attorney.  The attorney will review the title, prepare closing documents, hold the funds for closing, and make all the required payoffs. 

No matter how easy the videos make it sound to buy or sell a house without an agent, smart consumers will be sure to get a closing attorney who will look out for their interests in the transaction.

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