Buying an off-market property as a real estate agent

[Jonathan Gaviao]

I am currently in the process of obtaining my real estate license in Tulsa, OK. This is being done to assist in my investing. IFor off-market properties, must I disclose to my broker that my company is purchasing a property? Is it legal for me to act solely as a principal of the company and not as an agent? Will the company have to pay fees to my broker for purchasing an investment that the seller has desired not to list on the market. I have a business partner, and I do not want the company to go out of pocket for my decision to be a real estate agent. Any advice is greatly appreciated. Thank you for your time.

[Russell Brazil]

All your real estate activities...sales, rentals, content creation....any and all fall under the supervision requirements of the broker-salesperson contract. What you call "when no service is being provided by the broker" could more accurately be described as "the largest liability the broker has where their e&o wont cover claims because principals to transactions are generally excluded from coverage".