Selling by owner help!

[Chris E.]

Ok so were selling our first flip. We had a few minor things to finish up so we put it up for sale by owner locally and were going to have it listed by an agent next week. We immediately had interest and had someone make a cash offer that we are willing to accept. I asked a local attorney to look over my simple one page as-is offer to purchase. They emailed me back 11 pages of the standard WI real estate offer contract with a condition report we need to fill out. Was looking for advice on whether I really need the whole contract with condition report and everything? I don't want the buyer being intimidated by the long contract especially since they have cash and we own the property free and clear, and both of us want to close ASAP. I figured this should be a very simple deal.

[James Wise]

Follow the advice of the attorney. Real Estate can be a very litigious business.