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Disclosure of Attorney and Real Estate Broker
Does anyone have any insights as to how to handle disclosure of certain facts such as whether one is an attorney or real estate broker? I am still learning real estate investing and I understand that the seller might consider you to be his best friend initially but then later on claim that they didn't know what seller was doing. I think it may be even tougher for a lawyer or real estate broker because the seller might argue that I might have better bargaining position or better knowledge, etc. I understand that the contracts or agreements contain a clause indicating that each party has had a chance to confer with counsel before signing the agreements, but it would seem to me that disclosure of such facts should be done upfront and in the agreements -- can anyone comment? Thanks.