Can An Estate Agent Buy A — House They Are Selling
Yes, an estate agent can legally buy a house they are selling , but they must follow strict rules to avoid .
These rules also apply if the buyer is a "connected person," such as a family member, business associate, or another employee at the same agency. can an estate agent buy a house they are selling
The agent must disclose their personal interest in writing to the seller at the earliest opportunity—ideally before any negotiations begin. Yes, an estate agent can legally buy a
They must continue to pass on all other offers from potential buyers to the seller promptly and in writing. Potential Risks for Sellers " such as a family member
While it can lead to a quick, "effortless" sale, sellers should be aware of certain risks: