Realtor buying property

[Kameron Wilson]

I am newly licensed last year and I am curious about the process other agents go through when buying property, the questions i have related to this are:

Do you use the NAR contract or do most of you have an attorney written purchase agreement with addtional disclosures about being an agent?

Do you offer fair market value? This is the biggest question because I have been told that as an agent we cant really get a "deal" but I see licensed people all the time flipping houses etc and I dont see how it would be possible paying retail prices. 

I am in Ohio but im sure agents from other states will have useful suggestions. Thank You. 

[Chad Shultz]

Quote from @Kameron Wilson:

@Chad Shultz Thank you for your input. I appreciate your time and lengthy response. 

Is their anything you do or document when buying property from unrepresented sellers to protect yourself from litigation? that is my biggest concern. 

The contracts I use are simple and easy to understand, unlike most NAR documents. I tell people to speak with their attorney to verify everything is legit. I disclose that I am licensed and that covers it. Many times, in my state, investors purchase in a Land Trust, which I also use, but otherwise, nothing out of the ordinary.