Can A Real Estate Agent Buy And Sell Their Own Home?

Real estate agents participate in selling, buying, and renting property. Their main focus is to move properties because they earn a commission for that.

They work towards earning the biggest commission and they can get pretty ruthless at it. They will try and take over the moving of any house they can.

Furthermore, some real estate agents would even go as far as to sell or buy their own house. The question is – can they?

Is there something stopping a realtor from moving their own house? Read our article to find out!

Can A Real Estate Agent Buy And Sell Their Own Home?

To start – yes, they can. A real estate agent can buy or sell their own home easily because nothing is stopping them from doing so.

The license a realtor has acquired to be able to sell houses applies to their property as well. However, there are some things to handle before you start.

First, check with your real estate brokerage about the company policy about selling personal property. Sometimes, there are clauses in company policy that specifically forbid the relator to move their property.

Also, check out the regulations in your state. You may need to properly disclose that you are acting as a realtor and seller/buyer in a certain transaction. It’s usually legal, but you should check, just in case.

Benefits Of Real Estate Agents Selling Their Own Home

When you sell and buy houses for a living, what is the benefit of doing the same for your own home? Moving is stressful enough, why would someone even want to put themselves through the stress of selling a home that’s about to stop being yours?

There are a few reasons why – and we will cover them all. Let’s start:

Saving Money On The Real Estate Commission

  • This is the number one reason why would someone would act as a realtor for their property. Representing yourself, in this case, can save you a lot of money you would otherwise have to spend on the commission.
  • Most real estate deals end up with at least a 5-digit commission. Even if you have to give up a portion of the commission to your brokerage, you can still save a few thousand dollars (at the very least).
  • You’re already educated on the current market conditions and you have a client base. If you’re selling, chances are you already know someone who is buying and is looking for something exactly like your home. So, doing it yourself may be the best idea of all.


  • When you’re doing the sale or purchase yourself, you don’t need another real estate agent for anything. If you’re looking to sell your property, all you have to do is find the ideal buyer.
  • On the other hand, if you’re looking to buy a property, you don’t have to contact an agent to do that. You are the real estate agent that’s supposed to find that property and buy it.
  • It may seem like more work but it pays off, literally. You could save a lot of money commission-wise if you don’t go through with another real estate agent.
  • If you choose an agent to do your bidding, they may not react as well as you could’ve. They could wait too long to place a bid on a place and you could lose it.
  • An agent will always try their best to do per your wishes, but they can make a poor decision. That all can result in your home not being sold fast enough and so on.
  • The real estate has more clients than you and they may decide to accommodate someone else and put their priorities first. That would never happen if you’re doing it yourself – your wishes are more important than the ones of any client.
  • Also, you’d save time because you don’t need to wait for someone else to be available to, for example, search for your new home. No one else can pick exactly what you want like you because no one else is willing to put as much effort to find the ideal place for you.

Disadvantages Of Agents Selling Or Buying Their Own Home

Rdl Can A Real Estate Agent Buy And Sell Their Own Home

Well, we talked about the benefits when you’re out doing it by yourself. On the other hand, not everything is ideal – there are some disadvantages to it, too.

Let’s check out those cons to doing your bidding. When you look at the pros and cons, you will gain a better idea of what will work out better for you and your home. So, what are the reasons behind you letting someone else do the bidding?

Experience In A Certain Field Of Expertise

  • Do note that even if you’re a real estate agent with a license and experience in real estate, there are so many things agents don’t know about. For example, there are some markets that you don’t know much about.
  • Most agents only work with residential or commercial real estate, not many dabble in both. So, it’s not exactly surprising if you find yourself lost when searching for a commercial property.
  • This happens when you usually only work with residential property and have little to no experience in the field. When you want to invest your money into commercial real estate, you will certainly benefit from letting it go to someone else to do the work.
  • However, if you require a residential unit, and you don’t have the expertise for it, you may choose poorly. There are so many factors to keep in mind when you’re buying a home for yourself and you may not even realize it.
  • Did you consider how densely populated the area is, how close are the schools if you have a family? How about markets, the emergency room, or a mall?
  • If the answer is no, you should ask an experienced agent for help. They will choose according to your needs and will less likely make a cardinal mistake when doing so. They have your best interest at heart because this relationship is mutually beneficial.

Personal Factors

  • Selling your own home can become very emotional in no time. Everyone gets attached to their own home – especially if you spent a good portion of your life in it. This mostly happens with childhood homes, though.
  • So, you’re selling a home where you grew up in, raised your children in. It can become personal very easily. There are so many wonderful moments that happened in that home – we understand you.
  • But, it can pose a problem when you want to sell the place. Potential buyers could comment on the flaws the place has or the decor inside and you could get offended. Potential buyers can be turned away by this behavior.

Losing The Benefits From Listing The Property With A Brokerage

  • When you’re selling a certain property, you may get an FSBO (for sale by owner) deal. That’s great because you save up on commission to a brokerage, but you could be faced with some other problems.
  • One of the most important problems is the listing. If you’re selling it by yourself, in an FSBO deal, you may be forbidden from listing in the MLS platforms. MLS platform or a multiple-listing service is a core platform that connects selling and buying agents.
  • Moreover, brokerage listings get better advertising and they tend to go much faster. If you’re doing it yourself, you may be more vigilant to get the best price possible.
  • Because of that, you may miss out on good deals if you’re so set on reaching your personal goal price. It can go on and on for a few months before you lower the price and sell it much under the desired price.
  • So, if these things scare you and give you the impression that cons outweigh the pros, hire a real estate agent. It may sound surprising, but they could do a better job than you!

Can A Real Estate Agent Buy And Sell Their Own Home? – Conclusion

To conclude, a real estate agent can buy and sell their own home – without any problems. It has certain benefits. Like, you can keep a good portion of the commission to yourself – which is more than great.

Also, you can find a good place for you easier than someone who doesn’t know you very well. You’re more likely to spot the best listings than someone who’s just hired to do the job.

There are some cons to the realtors doing the bidding themselves. So, sentiment to your lifelong home can hold you back from getting a good price on your home.

Also, you lose the benefits of going through the brokerage like marketing and listings on MLS platforms. That all can have a minimal effect on your listing, but it can also hold you back for a while.

Think it through before you decide to go alone or with another agent. Selling or buying a home by yourself can be great, but it can be too much of a hassle, too!