Writing offers as a Real Estate Agent for investment

[Chetan Patel]

Hi All,

Looking for some help here, as i went thru many topics related to writing offers but it really didn't clear my concern. Maybe I missed the one I needed.

I am a RE Agent in the state of NJ. I got my license to access the MLS but really interested in investing. It just seems like too many ethical issues with disclosures compared to just investors who are not licensed with less restrictions. Which isn't a big deal, but I'm looking for some clarification on what steps I should take so I don't lose my license and advantages of having a license while investing.

Questions:

I want to make offers on properties on the MLS, but do i need to use the (long) state forms or can i use a simple Purchase and Sale agreement disclosing I am a RE Agent making cash offers? It would be burdensome to go thru the long P&S agreement if I am planning on making 5/6 offers a week. Is there a easier and faster way?

Also, If am doing marketing for investment deals do i have to disclose I am realtor in my marketing material such as yellow letters, postcards, door hangers? or do I just inform the seller when I get a lead that I a real estate agent and I can have a simple two page Purchase and Sale agreement with the Agent disclosure when the time comes?

Also, I just want to thank you guys in advance. BP community Rocks!! So many helpful folks on here sharing a wealth of knowledge.

Thanks

CP