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Updated almost 5 years ago on . Most recent reply

User Stats

807
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474
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Nat C.
  • Investor
  • Miami, FL
474
Votes |
807
Posts

Carrying purchase contracts in your briefcase

Nat C.
  • Investor
  • Miami, FL
Posted

My business partner is door knocking next week to try to lock down some off market deals.

I’ve heard of investors carrying purchase agreements to sign with a seller on the spot if an agreement is reached. However I don’t know if one needs to be a licensed realtor to do this.

We are buying for ourselves, not to flip to a third party.

If we use the standard South Carolina purchase agreement, is it legally permissible to have a seller sign it on the spot?

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