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Updated about 6 years ago on . Most recent reply
What is the best way for agent to buy directly from owner ?
Looking for more opinions and advises. Please dont mind my silly question. :)
Im an agent and planning to buy this condo ( FSBO). Should i use trec form 1-4 contract as usual ? or which is the best way to buy it for myself ? Am I supposed to explain everything in the contract to the seller.
Or Let title company take care of everything ? how do i put the house under contract ( active option ) ? thank you!!!
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#3 Commercial Real Estate Investing Contributor
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- Dallas, TX
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#3 Commercial Real Estate Investing Contributor
- Attorney
- Dallas, TX
Originally posted by @Marc Winter:
Speak with your broker or MLS rep as to the contract. After that, you just need to disclose: "I am a licensed real estate salesperson purchasing for my account."
Good luck on price. most FSBO are priced way above market and once you disclose you're an agent he's gonna think you agree with his valuation.