Windsor, CT · Member since 2016 · 20 posts · 0 votes
I know that if you have a real estate license, you must disclose it to sellers. But if youre buying as part of an organization (llc or corp) do i still need to disclose that even though its the business thats buying a home not the person themselves. In other words, if Bob has a license but plans on buying as a business (Bob Inc.), since its the actual business buying, not Bob (technically), how does that affect disclosure?
Also, in practice, is it really big deal to tell people you have a license? I don't see why it would matter. A buyer is a buyer and a seller is a seller. Why would it undermine a sellers trust? Just curious about peoples experience with this.
In this situation, we would disclose (better safe than sorry) and would expect it to make absolutely no difference to the party on the other side of the transaction.