Agent Disclosure on wholesale contract
I am a licensed real estate agent and will begin wholesaling. What disclose sentence should I put on my contract with the Seller letting them know i am a real estate agent?
Thanks for your question. In most states, you’re required to disclose that you’re a licensed real estate agent anytime you enter into a contract with a buyer or a seller, even if the property is for yourself. That being said, the language varies by state and I would recommend consulting with a real estate attorney in your state to find out more about the specific disclosure language to use and for more about laws around wholesaling real estate which can often be a gray area.
All the best,