My client has a property under contract to purchase.... am I allowed to re-list it?

[Jeff Carll]

I'm a licensed agent in New Jersey and I have a client who just went under contract to purchase a farm. Although the sale isn't finalized, he wants me to list it for sale. My understanding is that this is not allowed in NJ until the sale is finalized, but he insists that it can be done, because he has equitable ownership. Does anyone know if there's a way to accomplish what he's looking to do? 

[Marc Maitre]

Look into your state law about wholesaling and assignment of contracts. But unless his contract states that the agreement allows him to post it on the MLS, he can't do it, from my understanding.