Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

34
Posts
23
Votes
Andrew B.
  • Homeowner
  • Connecticut
23
Votes |
34
Posts

Agent/Investor How to Avoid a Conflict of Interest

Andrew B.
  • Homeowner
  • Connecticut
Posted

Hey BP.  I heard on a BiggerPockets podcast (can't remember which one) that as a Real Estate Agent who is also a Real Estate Investor there is the potential for conflicts of interest with sellers when looking at investment property.

Essentially, the speaker gave a scenario of an agent/investor making an offer on a property which the seller accepts.  The seller later claims the sale was unethical because the agent led them to believe the below market price of the sale was what the home was actually worth.

As an investor you're obviously looking to negotiate a price on investment properties which is below market value after analyzing what rehab is needed in the case of a value-add play.  My question is how can you ensure all potential conflicts of interest are avoided while doing this?

I am in the process of becoming a licensed agent and looking for my first deal.

Loading replies...