RE Agent Mailers- Is this ok?

[Rigo V.]

I recently got my RE license and was hoping to send out mailers to get some leads. 

I was hoping that depending on the situation (if a seller needs to sell fast) that I could put it under contract and do an assignment to a few cash buyers that I know. 

If a seller wants retails I can just list it and make the commission.

I really want to make sure that I am not violating any rules. Excuse my ignorance.

[Michael Quarles]

Originally posted by @Rigo V.:

I recently got my RE license and was hoping to send out mailers to get some leads. 

I was hoping that depending on the situation (if a seller needs to sell fast) that I could put it under contract and do an assignment to a few cash buyers that I know. 

If a seller wants retails I can just list it and make the commission.

I really want to make sure that I am not violating any rules. Excuse my ignorance.

 Good to meet you Rigo

And welcome to Real Estate.

As a Broker myself I think there are three avenues you could take. However all of them require an immense amount of honesty, morality and ethical behavior. Disclose and if you ever think you're doing it wrong you probably are. 

The three avenues

1. List it at 100% of as is value with the agreement to buy it if it doesn't sell during your listing period at an agreed  upon reduced value. With the understanding that they do not have to sell it to you if it doesn't sell on the open market. Make certain they sign your Brokers disclosures of your intention and possible gain. In this situation I would not offer it for sale as an assignment or calculate an assignment fee. I would close on the purchase.
2. Offer a cash or terms offer at a value which fits your business model. Have them sign a NON-Agency agreement and sign your Brokers Discloses of your intentions and possible gain. Your Broker may or may not feel comfortable with an assignment. It may look too much like a  net listing.  
3. Inter into a JV agreement with the seller to take the property to an ARV. This one is easier to sell the seller who wants 85%, has a deferred maintenance house and no cash to rehab. And the rehab increases the value substantially. This requires a couple recorded documents to protect your interest and also many disclosures.

Wearing both hats is very challenging and once you realize that there are plenty of sellers who will sell at 65% you'll stop wearing the Realtor hat.

Happy House Hunting