Real Estate Agent
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
When a Real Estate broker is the buyer Question
Hi, I would like to ask if a real estate broker is obligated to give a value to the seller when the broker is the buyer and the seller did not ask the value. In other words, if a seller calls a broker and says he will take a certain dollar amount for his property but the broker feels it is worth much more, so the broker wants to buy it himself, Is the broker required to disclose value to the seller prior to buying it for himself? The broker and seller do not have a signed listing agreement. Florida.
Thanks
Gail