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  • Loftus Law graphic showing a real estate purchase agreement being reviewed at a desk, with a sold sign in the background.
    ChicagoRealEstate,  FSBO

    Who Prepares the Contract in an Illinois FSBO Sale?

    October 27, 2026 /

    The short answer – your lawyer. The long answer… So, you found a buyer for your home without using a Realtor. Congratulations. Now someone has to prepare the purchase contract. For many Illinois FSBO sellers, this is the point where the transaction suddenly becomes much more complicated. There is no listing agent preparing paperwork or coordinating an offer. The buyer may have an agent. The buyer may have an attorney. Or the buyer may be unrepresented too. So who actually prepares the contract? The Purchase Contract Is More Than a Price and Closing Date A residential real estate contract determines the legal rights and obligations of both the buyer and…

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