By definition, a contract is an agreement between two or more parties to do, or to refrain from doing, a particular thing in exchange for something valuable. The parties can be individuals, businesses, organizations and government agencies.

They key elements of a successful real estate contract:

1. Offer and acceptance

This implies original signatures with no alterations to contract. Don't mistake offer and acceptance for counter-offer. When original offer is marked up and initialed by party receiving it, then signed, you got a counter-offer and not offer and acceptance. When you come to a final agreement, you should rewrite contract according to agreement and this contract must be signed by both parties.

2. Consideration

Usually, money is form of consideration people use, but sometimes, a promise to perform/pay is also good. .

3. Written contract

All real estate contracts must be in writing. In order to write a good real estate contract, you must keep in mind these things:

You must write full name of parties on contract and thus identify parties.

2. People want to save money. They may want to invest for future or save for a big purchase. This will make them feel more secure.

3. People want to save time. They may want to work less and spend time enjoying life's pleasures. This will make them feel more relaxed.

4. People want to look better. They may want to lose weight, tone their body, or improve their facial features. This will make them feel more attractive.