Real Estate Agent Purchasing First Property

[Cassandra Alessio]

Hi Everyone!

Does anyone know the pros and cons to purchasing your first property as your own real estate agent? I am newly licensed agent and am looking to possibly purchase a property to flip or to househack. I am not sure yet. Since I do not know much as a real estate agent yet, is it better to have someone else put an offer in for you or should I just write in the offer myself under my own name? I have heard from a broker that it could be risky purchasing a property under your name as an agent. My state uses attorneys for closings so I would think that my attorney would do due diligence but I am not sure the full risks.

Any advice is greatly appreciated! Thank you!