All Forum Posts by: Mark Brian

Yes possible. Licensing requirements/laws vary from state to state, some states have reciprocal agreements with other states to allow this.

Not sure who they are but there has got to be someone or some companies that are licensed in all 50 states.

I have to agree with Jake that it would appear this property is already under contract and the agent wanted to push another one of their listings on you.

If I called another agent or investor and they had already assigned/sold/rented the property I called about and then this other person tried to tell me about another property, I would not be upset. Well, not upset IF it is a good deal.

I would appreciate the other person being completely open about the status of the property I originally called about. But I understand they are just trying to move whatever real estate they need to move to make a living.

When in doubt disclose.

I think it is very understandable and reasonable to want to select your own inspectors. Tell the "buyers agent" that you will select inspectors of your choice. Be straight forward and upfront that this is the way it is. If they cannot deal with this, then the BIC can have another agent to represent you.

If you are a licensed agent, then your broker and respective company could be liable for your actions in real estate. It might be best to discuss this with your BIC. Also I would suggest that you check your E&O insurance to see how it does/does not cover you when buying/selling your own properties. Good luck and best wishes!

South Carolina also has a similar law.

I thought of another very important consideration. In my state, short sale negotiators must be licensed http://www.scstatehouse.gov/code/t37c007.htm and this applies to SS negotiators that are not located in SC.

So if you are licensed, I would strongly suggest including a copy of that with your presentation. No legal advice given or intended.

Could be ego, could be self confidence. BTW, am I the only one that smells red herring?

Maybe that is some agents problem since E&O insurance often will only cover the agent if they use state board approved contracts. Or it may be company policy to only use state board approved contracts.

Or it could be the stigma attached to some short sale investors. Why not have letters of recommendation from agents that have worked with you in the past?

the scariest words you can ever hear: "We are from the government and we are here to help"