Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
4y
#1 Response is talk to your broker.
There is/can be some trouble there.....you should be a fiduciary to your client and that means putting their interest above your own.
If you have a buyer at $100,000 for the property, why did you not sell it for $100,000, vs putting it under contract for $60,000 and making the difference and looking out for the clients best interest.....that's the rub.
Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
4y
#1 Response is talk to your broker.
There is/can be some trouble there.....you should be a fiduciary to your client and that means putting their interest above your own.
If you have a buyer at $100,000 for the property, why did you not sell it for $100,000, vs putting it under contract for $60,000 and making the difference and looking out for the clients best interest.....that's the rub.
Rental Property Investor · USA · Member since 2022 · 32 posts · 25 votes
4y
disclose that you have a license, purchase through an LLC. In your contract as the buyer write ______LLC and/or assignee. Make it known you are an investor throughout the transaction!