Selling FSBO in Georgia
Georgia's real estate market, especially in the Atlanta metro area, has seen tremendous growth. FSBO sellers in Georgia benefit from a relatively straightforward process and no state income tax on capital gains for primary residences (following federal exemption).
Disclosure Requirements
Georgia's Seller's Disclosure Statement (O.C.G.A. § 44-1-16):
Required Disclosures
Georgia's Caveat Emptor Tradition
Georgia historically follows "buyer beware," but sellers must still disclose known material defects and answer disclosure questions honestly.
Key Legal Considerations
Steps to Sell FSBO in Georgia
1. Complete the Seller's Property Disclosure Statement
2. Hire a real estate attorney ($500-1,000)
3. Price using comparable sales
4. List on FMLS or GAMLS through a flat fee service
5. Market on all major platforms
6. Use GAR (Georgia Association of Realtors) standard contract
7. Negotiate offers
8. Complete due diligence period (typically 10-14 days)
9. Close at the attorney's office