A purchase contract in real estate is a legally binding agreement between a buyer and a seller regarding the sale of a property. When it comes to filling out a real estate purchase agreement, several key players are involved: buyers, sellers, real estate agents, and attorneys.A skilled Houston sales and purchase attorney will help you to make prudent decisions. We have decades of experience advising business owners and entrepreneurs. The PSA includes details like the required earnest money deposit, the closing date and contingencies the buyer and seller have agreed to. Learn about real estate purchase agreements and review tips for agents to protect buyers with well-prepared real estate contracts and negotiations.