their name is on the mortgage?
2007-07-02 15:34:47 · 5 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Certainly. There is no prohibition against a real estate agent selling his/her own property, as long as the agent discloses in writing that they are a licensed agent to any prospective buyer.
2007-07-02 15:40:17 · answer #1 · answered by acermill 7 · 1⤊ 1⤋
of course he/her can sell! if has a name in the title I do not see why not, beside that, they live in the house too, most time they own more than one house, as an investment property. It is not necessary to have a name on the mortgage, they just need a name on the deed, or title, and an affidavite.
2007-07-02 23:01:59 · answer #2 · answered by Anonymous · 0⤊ 0⤋
As long as they disclose that they are an agent or broker, yes, they can do this.
2007-07-03 01:52:29 · answer #3 · answered by godged 7 · 0⤊ 1⤋
My state (Maryland) says that it is fine as long as it is disclosed to the buyer in writing.
2007-07-02 22:59:49 · answer #4 · answered by alyssa m 1 · 0⤊ 1⤋
YUP - but they have to disclose it!
2007-07-03 00:04:48 · answer #5 · answered by padwinlearner 5 · 0⤊ 1⤋