How to Write a Sales Agreement Template Properly

If you are in a sales business, you will have to be familiar with a sales agreement. This agreement also has some other alternative names such as purchase agreement, purchase & sale agreement, and bill of sale agreement. Whatever you call it, you must be able to make and write a sales agreement template.

Boat Sales Agreement Template

 

What to Include in a Sales Agreement Template

Writing a purchase agreement template is actually not difficult. However, it requires you to know the details that you will have to include in this kind of agreement. At least, there are 5 details that should be provided if you write a sales agreement. For more detail discussion, let’s check it out in this article!

The first detail that you will need to include in this agreement is the description of services or goods to be transferred. These details should be product-specific. It means that you will have to describe the services or the products that you will sell to the customers as specific, detail and clear as possible.

One of the products you may sell is vehicle. The vehicle can be motorcycle, car, truck, or any other type of vehicle. In this case, you will have to state the model or type of the vehicle and the identification number of the vehicle, the color of the vehicle, and any other required description related to it.

The second detail that you should include in the sales agreement is information of the purchaser or buyer. In this case, you can start with the name of the buyer. After that, you can continue with the address of the buyer. Then, contact information of the buyer should also be included in the agreement.

Talking about contact information, usually it relates to the phone number of the buyer. Sometimes, other contact details are also required such as email address, website, social media, etc. Do not forget to put the signature of the buyer, too. Signature makes this purchase and sales agreement template valid.

The third detail that you are needed is information of the seller. You will have to include this detail in the sales agreement, too. The seller’s information may be similar to the details of buyer. It means, you should provide the name, address, phone number and other contact details, and signature of the seller.

After the seller’s information, your sales agreement should also provide the final buying or purchasing price. Maybe, there is an addendum if the buyer negotiates for a lower price successfully. However, if the buyer cannot get the lower price, an addendum will not exist in this template of a sales agreement.

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Another detail you will need to include is the date of transaction. Date of transaction is a staple detail for any legal paper trail. In this case, you have to make sure that you put the detail date. It does not only the date but also the specific month and year. Now, just practice writing a sales agreement template!

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