Who are typically the parties to a real estate contract?

In a real estate contract, the typical parties involved are the buyer and the seller. This relationship forms the foundation of the transaction, as the buyer is seeking to purchase a property while the seller is looking to sell their property. The contract outlines the terms of the sale, including price, closing date, and any contingencies.

While agents and clients play an important role in facilitating the transaction, they are not the principal parties to the contract itself; rather, they act on behalf of the buyer or seller. Similarly, contractors and brokers, as well as investors and developers, may be involved in various aspects of real estate transactions but do not represent the main parties to a standard real estate sales contract. The primary focus remains on the contractual agreement between the buyer and the seller.