Agent/Contractor

[Jake Wenbourne]

Hey everyone!

I currently am a general contractor and am thinking about getting my real estate license. I would like to continue my construction company and be an agent on the side. I talked to a local agency about joining there team if I do decide to get my real estate license and they were concerned with the liability of doing both. For example say I was working with an investor to help find some properties and we find one that needs work. If I were to tell the investor that I think (based on my construction experiace) that it will cost $20k to do the repairs, then after he buys it he finds out it will cost $50k instead because of some unforseen issue. That could be a big liability!

Do any of you do both construction and real estate? Would you advise against me doing this?

I think it might work if I kept them separate. As long as I was not offering any price quotes or to do the work for my real estate clients. What do you think?

Thanks,

Jake Wenbourne