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Updated 3 months ago on . Most recent reply

User Stats

63
Posts
14
Votes
Terri B.
  • Realtor
  • Detroit
14
Votes |
63
Posts

First Agent/Investor transaction

Terri B.
  • Realtor
  • Detroit
Posted

Hello everyone. Im an agent that would like to purchase a home off market from a client. Do I need to run this transaction through my broker since it is not going on the MLS?

  • Terri B.
  • Most Popular Reply

    User Stats

    233
    Posts
    175
    Votes
    Michael Brattelli
    • Real Estate Broker
    • Medford, NJ
    175
    Votes |
    233
    Posts
    Michael Brattelli
    • Real Estate Broker
    • Medford, NJ
    Replied

    @Terri B. No, you’re free to do a private deal. You’re not getting paid to buy it so it wouldn’t go through your broker but you better make sure you disclose you’re an agent to the homeowner in the contract.

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