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Can I Be My Own Real Estate Agent?

Yes, you can act as your own real estate agent. Anyone can represent themselves in a real estate transaction, even if they are not a licensed real estate agent. As an agent, you have unique access to real estate resources and listings.

Can I Be My Own Real Estate Agent

Professional Relationship Disclosure

Where it gets tricky is that you must disclose any professional relationship that you have with the other party’s real estate agent, if they are using one. For example, if you are buying a home and the seller is using one of your colleagues as their agent, this can be a conflict of interest. Your colleague likely wants to see you get a great deal but they are also professionally obligated to work on behalf of their client, the seller. So what should you do?

You and your colleague can disclose to the seller that this is the scenario in writing. If the seller agrees, the deal can continue on without any issues. This falls under the same ethical and legal requirements as being a dual agent, when a single agent represents both buyer and seller.

However, you should proceed with caution. Even if you and your colleague act with integrity, the seller may not be happy with the outcome and question what happened. This might lead to a lawsuit, even if they signed a disclosure. Even if you are found not in violation, legal fees and the cost to reputations can be a lot. It’s best to steer clear of this situation so as not to find yourself in a legal mess.

Instead, use your wide range of resources to search for homes listed for sale by people you do not know or firms that you have not worked with. This can be challenging in smaller markets or if you are actively involved in networking in your local market.

Author Bio: Greg Sandler
Greg Sandler is a distinguished leader and strategist in the mortgage and real estate investment industry. With over two decades of experience, Greg has honed his expertise in guiding his clients to build wealth through real estate.

Greg Sandler has direct and first-hand experience as co-founder and CEO of USA Investment Group Management Inc., focusing on growing real estate holdings and diversified asset portfolios. Under Greg's guidance, the company has executed hundreds of traditional real estate acquisitions and currently manages a substantial portfolio of rental units.

Greg also has a track record of driving multi-million-dollar revenues and leading high-performing teams to success in mortgage loan originations, achieving the prestigious "Top 1% Originator" status in consecutive years. Currently steering the helm as the President at USALending.AI in Keller, TX, Greg has revitalized this division of a mortgage bank, significantly expanding the company's scale.

Prior to this, Greg's role as Senior Vice President at Fairway Independent Mortgage Corp in Rocklin, CA, was marked by his pivotal contribution in establishing the company's presence in northern California and northern Nevada. Under Greg's leadership, his team of nearly 110 dedicated mortgage professionals originated and funded approximately $800 million in residential mortgages annually.

Greg's professional journey is marked by his exceptional skills in negotiation, sales leadership, financial analysis, and P&L management. His ability to strategize, coupled with his in-depth knowledge of the mortgage and real estate sectors, makes him a visionary leader and a respected figure in the industry.

To book a call with Greg Sandler, please visit: www.calendly.com/greg-sandler

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