Welcome to Flightinfo.com

  • Register now and join the discussion
  • Friendliest aviation Ccmmunity on the web
  • Modern site for PC's, Phones, Tablets - no 3rd party apps required
  • Ask questions, help others, promote aviation
  • Share the passion for aviation
  • Invite everyone to Flightinfo.com and let's have fun

What is the process of selling an aircraft on your own?

Welcome to Flightinfo.com

  • Register now and join the discussion
  • Modern secure site, no 3rd party apps required
  • Invite your friends
  • Share the passion of aviation
  • Friendliest aviation community on the web

Neal

Forums Chief Pilot
Staff member
Joined
Oct 31, 1996
Posts
707
Type aircraft owned
Carbon Cub FX-3
Base airport
KFCI
Ratings
COMM, IFR, MEL, SEL
I believe EAA has resources, but when the time comes I prefer to sell on my own. How hard is it or do you suggest hiring help of some sort to help with the sale?
 
It’s not difficult but you want a good sales contract which includes provisions for what happens with a prebuy. Best is to have it drafted by a lawyer rather than something cobbled from the Internet. Yes, a “handshake” deal can work but when it doesn’t it can get messy.

And an escrow which protects both seller and buyer.

Both are things a broker can help with.
 
I should mention that I'm pretty sure the #1 reason for FAA Registry rejections is user error in preparing the (a) Bill of Sale or (b) new Application for Registration. That only happens in sales where an escrow/ professional is not involved.
 

Latest resources

Back
Top