Realtor and Investor Question- Texas (contract, Realtors, sellers, sale)

[abrecken]

Thanks for the valuable information provided on this forum. I am new in the real estate business and I have learned a great deal.

I have a few questions and wondering if any body could help me:
1. My husband recently set up an investment business which includes me as one of the partner. I will be handling the acquiring and negotiating of properties. I am not sure how this will work. From my point of view it could be contradictory. As a realtor I have to disclose to the buyers or sellers or any other parties involve of my status as licensed. I am also required to disclose the fact that I have a personal interest in the property.

Any realtors that have expirience in investing could tell if it could be a problem there. Do I need to choose betweern being a realtor or being an investor.

Also If I am selling my own investment property and a buyer, who has no buyer, who is not real estate licensed and is representing himself, brings me an offer does the offer needs to be re-write in a TAR sale contract form?. My understanding is that as a realtor I have to use a TAR contract form when ever dealing with a real estate transaction. I am not sure if that is complete correct.

I will appreciate your veiws.

Thank you.

[2bindenver]

As a licensee you need to disclose your ownership and or interest in a property.

Loads of licensees are investors.

If your rules in your area that as a Realtor you have to use approved forms, then do it. If a unrepresented buyer writes an offer on one of your properties on a paper towel, and you are willing to accept it, then sign away. Chances are, the unrepresented buyer will ask you to write the offer, then you have to use the approved form.

[abrecken]

Thanks 2bindenver for your feedback.