I'm an Investor in Brooklyn, NY.

I'm thinking that I would like to work as a Sales Agent towards a Broker's License eventually.

After thinking about it, there might be some issues in regards to personally buying a property.

Let's take a particular scenario.

I am the Agent for a Broker that represents a Seller.

There are multiple Bids.

I fully believe the property can be more valuable than the Highest Bid.

Because I have access to those Bids, when a call for Best and Final comes, and I see those bids, is this problematic or at worst, illegal?

Would the Seller care since I am going to buy higher than the highest bid?

Has anyone ever done it this way before? Just curious.

Another potential scenario, what happens with the same situation, except I am in a dual agency with a Buyer as a client?

Do I need to tell the Buyer before hand what my plans are? Then why would the buyer want to work with me?

I guess in this case, I would have to make sure I'm only representing the Seller and not be a buyer Agent?

Thanks!