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Updated over 1 year ago on . Most recent reply

User Stats

416
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188
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Mike Schorah
  • Rental Property Investor
188
Votes |
416
Posts

Once you assign a contract, can you speak with a seller about the deal?

Mike Schorah
  • Rental Property Investor
Posted

I put a property under contract and assigned it to a new buyer. In the assignment contract, it’s stated that the new buyer doesn’t talk to the seller.

There are title issues that came back. If I try to get these title issues taken care of with the seller or negotiate the price with the seller, am I doing unlicensed brokering at this point since I no longer have rights to the contract?

I’m asking because the seller’s attorney contacted me in regards to the title issues.

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