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Updated over 5 years ago,

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25
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0
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David Petikyan
  • Real Estate Agent
  • Los Angeles, CA
0
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25
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Investor becoming a real estate agent but they say I can’t FSBO

David Petikyan
  • Real Estate Agent
  • Los Angeles, CA
Posted

I'm about to become a real estate agent with Keller Williams. They recently told me that I wouldn't be able to sell my personally owned properties as a FSBO for liability issues to the broker I'd be working for.

My problem with that is that I purchase vacant lands from County Tax Auctions, that can’t be listed due to not being covered by title insurance.

My thought as a solution is to have the properties be owned by my LLC and conveyed by a partner when sold. Sort of like a loophole.

I’m just hoping that it would be okay to talk to potential buyers about prices and such without breaking that rule and getting in trouble.

Anyone have advice on this before I speak to the broker about it tomorrow?

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