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Updated over 10 years ago on . Most recent reply

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2
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Lois Johnson
  • Virtual Assistant
  • Gainesville, FL
0
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2
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What is simultaneous close? Is my role in the process legal?

Lois Johnson
  • Virtual Assistant
  • Gainesville, FL
Posted

Hello,

I am hoping to gain some momentum in the real estate investment game.  

I am currently in the process of educating myself to avoid scams.

I have been introduced to a group of investors and I've been told that if I can help to find investors interested in discounted properties and are open to a simultaneous close that I can get my foot into the real estate door. 

In essence I would  simply introduce the buyers and sellers of the discounted properties. 

I am not a license real estate agent ...I simply have a connection with the properties.

My question is -What is a simultaneous close?

Would my role in the transaction be legal?

Help me to avoid any unethical or illegal practices.

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