This will likely involve filing a police report as well as sending copies of your purchase and loan docs.

Maybe, but unless they are actively involved in construction, it would be meaningless.An inspection contingency will often allow for you to get a contract in there for bids post inspection anyways, so you could start with just the inspection to buy time to get bids too.  

The realtor should be able to ask the seller - if you have a realtor involved. 

Thanks to all involved in this discussion.

Keep in mind even if it is like New York for example you can still waive the attorney and use the title attorney for both sides (If  financing is involved).  

Inventory shortages and rapidly increasing prices create an onslaught of challenges and market driven circumstances that often take more effort and involvement, and the damages that we risk causing can be very costly, to our clients first, and ultimately for the agent. 

If the key to your business is most revenue, then you can try to create bidding wars between buyers but they may not want to buy from you again because there is no real business relationship involved.

I will be sitting for my RE license exam in a few months, and am also involved in a few budding real estate investments. 

I have bought two primary residences in the past, both with agents involved.  

It is an investment strategy that involves renting the home and getting the cash out to do another deal.