Real Estate Investor · Oklahoma City, OK · Member since 2008 · 126 posts · 2 votes
Lol, it may seem like a dumb questions but it is not really me asking if it is illegal it is if anyone else has been told that building your buyers list, something that new people do to get into real estate, is illegal...What do you think of this? I know it cant be illegal otherwise I myself and a lot of others would be getting served by now lol, but I had someone tell me that they heard that building your investors list is illegal, through one person so I thought it was just from that one then someone else asked me about it... I was just wanting to know if anyone else has heard of this dumb rumor and just for fun.. what do you think if it was illegal? :mrgreen:
There must be more to this rumor than just "building your buyer's list". If you ask another person, would you be interested in buying a house from me? And they say "yes". And you put them on a list. How can that be illegal?
OTOH, if you advertise a house for sale, but when people call you say "sorry, don't have that house, how about I put you on my list?", that might be deceptive advertising. Don't know that it is or isn't, but I could see how someone could make an argument.
So, what about building your buyers list does this friend claim is illegal?
yea thats what I and well just about anyone else I would talk to would say. How is it illegal to add/build your buyers list.
Nope, not more, it was said that, if you advertise for buyers, "buyers wanted", "Investors Needed". Any of that good stuff that its sole intent is to build your buyers list... is illegal lol.
The thing that seems to be the illegal thing to do, is to get a persons(supposed buyer) and add them to your documents, file, rolodex.. "List". lol, is BS and sounds a lot like BS when I heard it but is a fun subject to talk about and I wanted to see how many others have heard of this.
yea for real lol. no, it wasnt for the private money, it was said it was illegal to advertise for buyers. Like I said, funny thing to talk about when having told Building your buyers list is illegal lol. Just think.. What if it was, wouldnt it be heckteck if you were just starting out lol
yea for real lol. no, it wasnt for the private money, it was said it was illegal to advertise for buyers. Like I said, funny thing to talk about when having told Building your buyers list is illegal lol. Just think.. What if it was, wouldnt it be heckteck if you were just starting out lol
There is always one in every crowd. People say this is illegal and that is illegal until I see the word LAWYER under their title what everyone else says is pretty much crap.