Contracts used by agents when buying property direct from sellers
Hi all,
I was wondering if any real estate agent/investors could give me some insight into the contracts they use when purchasing direct from a seller. I recently passed my real estate exam in Pennsylvania, though I have not hung my license with a broker yet. I understand that when I'm doing transactions with a buyer or seller that I'm representing, that the Pennsylvania "stock" agreement of sale must be used.
That said, like many investors I have a much shorter and simpler two page agreement that I have used up to this point when purchasing properties direct. My question is, if I am the end buyer in the transaction and not representing anyone as a real estate agent, can I continue to use my simplified agreement?
Any insight from experienced agent/investors would be welcome.
Thanks!