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Updated over 8 years ago,

User Stats

62
Posts
15
Votes
Michael Gee
  • Denver, CO
15
Votes |
62
Posts

Disclosing purchase price to buyers

Michael Gee
  • Denver, CO
Posted

Hello BP,

I am interested to know how agents/investors handle a question about disclosing seller's purchase price to potential buyers, particularly with short flips. I know an investor who buys cash for houses and then places it on the MLS the next day. Are agents required to disclose the seller's purchase price to other agents who ask, or would you as seller's representation be required to not disclose?

Also how does an owner/agent listing their own property handle this situation?  Thanks for reading!

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