The key component to any real estate sale is the contract to buy it. Real estate is a highly regulated industry, and there are many, many laws which must be complied with, express and implied warranties to be addressed, and most crucial, the precise terms of the transaction provided in detail. A proper Purchase Agreement does all of this and much, much more. Be sure your deal is ready to close quickly by using a solid, complete Purchase Agreement.

For those transactions where you do not wish to take possession of the property, or you want to avoid a double-close situation, then you need a solid Assignment Contract. This agreement declares to everyone involved in the sale of this property that you were a prime force in helping the seller find a buyer, and therefore you have earned your fee and have the legal right to be paid at closing.

There are times when you don't need a full Assignment of Real Estate Contract, but instead a simpler version will suffice. We subscribe to keeping it simple whenever possible (but not at the expense of protecting your legal rights), so this shortened version of the Assignment of Real Estate Agreement can come in handy to move a transaction along safely and securely.

When you find a property that you don't want to take possession of, but still want to wholesale, an Option Agreement may be the perfect solution. For a small fee, you gain the exclusive right to market the property to a buyer and arrange for the sale between the seller and your buyer. Sometimes having an Option is the best option for you.

You may have need to bring in a partner for handling one property, for whatever the reason. Handshake deals are great so long as everyone does what they promise. For all other deals, you need a JV Agreement. This lays out the terms of your temporary partnership, how fees and costs are split, and ensures you get paid at closing.

Occasionally, or in certain jurisdictions, you may need to record a notice that a contract for sale has been entered into. This prevents the property from being sold out from underneath you and destroying all your hard work. While this notice is short, it is crucial that key legal components are included so that the parties involved and the property are fully identified.