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Updated about 9 years ago on . Most recent reply

Greg Smith's profile image
Greg Smith's profile image
Greg Smith
  • Wholesaler
  • from Hampton, Virginia
  • Member since Aug 26, 2015
Connect

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Greg Smith's profile image
Greg Smith's profile image
Greg Smith
  • Wholesaler
  • from Hampton, Virginia
  • Member since Aug 26, 2015
Connect
Greg Smith
  • Wholesaler
  • Hampton, VA
0
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3
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Wholesaling

Letter of Authorization

Greg Smith
  • Wholesaler
  • Hampton, VA
Posted

Hello BP,

 I'm fairly new to real estate investing and I currently have a property under contract in my local area. A buyer reached out to me and stated that he has a potential buyer for my property. He stated that he needed me to sign a 'Letter of Authorization' to basically represent me as the seller when I'm just a wholesaler myself who has the property under contract with the original seller. Is this common in real estate investing or is this something I need to avoid from becoming a legal issue?

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