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Updated about 8 years ago,

Account Closed
  • New Jersey, NJ
137
Votes |
327
Posts

What does real estate agent disclosure mean?

Account Closed
  • New Jersey, NJ
Posted
If your an investors and own couple properties and then decide to get you real estate license to have access to the MLS, what does it mean that as an agent you would need to disclose to any buyer and seller that your an agent when selling or purchasing a property for investing purpose? The reason I'm confuse about this subject because I done business with wholesalers and they basically work as agent and I always ask them why don't you get your agent license and they reply because they would need to disclose everything. They weren't bother by the high fees and annually fee to maintain the license but more fear of disclosure. I'm sure a seller doesn't care if your an agent or not buying his property because he wants to get paid, so why is disclosure is consider negative?

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