Off-market purchases with RE license

[Marius G.]

I think I understand most pros and cons to having your own RE license as an independent investor. But are you usually required to pay a fee or commission to the brokerage if you purchase a property directly from the owner off-market but have an RE license?

[Robert D.]

disclose to the owner that you are an agent/broker, give owners a no agency disclosure (whatever your state requires) and check with your local board on proper steps to purchase property directly from the owner.since you are licensed you have advantage over owner who might not know anything about value, comps, etc