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Matthew J. T.
  • Real Estate Investor
  • Albuquerque, NM
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156
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Question about Advertising property under contract?

Matthew J. T.
  • Real Estate Investor
  • Albuquerque, NM
Posted Jul 1 2011, 03:39

I just spoke with my real estate attorney, she said the contract is fine that I currently have, however she said that it would probably be necessary to change this that I have in the contract. How do you go about advertising a property under contract, through craigslist, or through flat fee if the property doesn't actually belong to anyone just yet?

She said if I advertise a property I have under contract, I am acting as a broker, and Associate of Brokers might come after me, that you have to be licenced in order to do so, so she said there might be risk involved in advertising? What are your thoughts on this? How do you go about advertising a property if you aren't licenced to do so? I already have a few on my buyers list btw.

Btw she is making some tweaks for some clauses and stuff which is good, glad I could talk to an attorney first.

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