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Real Estate Agent

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Jon Keeney
  • Lancaster, PA
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Contracts used by agents when buying property direct from sellers

Jon Keeney
  • Lancaster, PA
Posted Jun 22 2015, 16:16

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!

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