What is a Private Sale of Real Estate?
Let’s start with a basic definition: A private sale of real estate is simply a real estate transaction between two family members, friends or other parties who sell and purchase a property without a Realtor and without listing the property on the MLS system. In other words, the seller found the buyer themselves without the assistance of a Realtor.
Private Sellers can save money by not paying a six percent real estate commission (which is a common figure that most sellers pay when selling their home with a full service real estate agent).
How do I sell my home via a private sale?
Selling your real estate by a private sale can save you a great deal of money, but it can also be complicated for those who do not have expertise in Texas real estate. When you are selling your Texas home to a family member or a friend, avoid the high fees charged by a Realtor by simply using our Private Sale Contract & Closing package.
With our package you receive a real estate contract suitable for private sales, a title policy (seller and lender policy), and closing services so that your private sale is completed economically and accurately. The best part is you effectively get a real estate contract and access to one of our real estate attorneys for a cost that is similar to just the title policy and closing service from other Texas title companies.
In Texas, title policy premiums are set by the State of Texas and will be the same whether you use our services or those of any other title company or law firm. By using our service, we simply add in a real estate contract and access to one of our attorneys to help paper your private sale and we also get the title policy and closing service that you will need to sell your real estate via a private sale.
Texas Statewide Private Sale Contract & Closing Service
- Real Estate Contract – Suitable for Private Sales
- Title Policy – provided for the same fee as other title companies
- Mobile Closings – Closings conducted at your home or our Title offices
- Access to Attorney – Questions answered by one of our Attorneys*
If you don’t have a buyer lined up yet…. Let us know as we can also throw in a free MLS listing in DFW and Austin/Central Texas (since one of attorneys has a real estate broker license that they use to purchase investment property).
*Limited to 1 hour per transaction