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Updated almost 8 years ago on . Most recent reply

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Patrick T.
  • Specialist
  • Spokane, WA
37
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97
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Writing your own Purchase & Sale Agreements

Patrick T.
  • Specialist
  • Spokane, WA
Posted

Hi all,

I was a licensed realtor (Washington State) for a number of years, so I have the RE experience from that angle. My question is how many of you write your own Purchase and Sale Agreements? Where do you get the wording, addenda, etc.? How do you choose a closing agent? Any other advice? I've considered re-activating my license, but I just can't see giving a brokerage that much of my deals.

Thanks for your thoughts!

Most Popular Reply

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629
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Zach Schwarzmiller
  • Investor
  • Snohomish, WA
84
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629
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Zach Schwarzmiller
  • Investor
  • Snohomish, WA
Replied

I use NWMLS / CBA PSA's but have also written my own. Depends who the audience is and what the purpose is. If I am working on a deal with a small mom and pop for myself paying all cash, I write a simple PSA as it's straight forward and much easier and I feel they feel much more comfortable walking through it.

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