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Buying & Selling Real Estate

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Eli Katz
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Long-term investing, conflict of interest

Eli Katz
Posted Feb 25 2020, 11:10

Dear BP Community,

I am a long term investor and I am working with contractors/managers who offer to assist me in purchasing a property by inspecting it prior to the purchase. I have a dilemma here if the property is good, how can I ensure they won't steal the deal from my behind my back by giving me negative feedback and buying it for themselves? Isn't there an inherent conflict of interest?

What kind of procedures and protocols would you recommend to implement to avoid this and what are your thoughts in general?

Thank you all in advance,

Eli

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