Can a realtor buy their clients’ houses?

UPDATED: Sep 30, 2022

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Can a realtor buy their clients’ houses?

I would like to know if I can take legal actions against a realtor. The house was listing and when I call the realtor told me that he bought the house already. That’s unethical in my opinion and should not be allowed.

Asked on July 7, 2016 under Real Estate Law, Texas


B.H.F., Member, Texas State Bar / FreeAdvice Contributing Attorney

Answered 6 years ago | Contributor

It's not unethical for the realtor to purchase the house unless they do so in a way that defrauds their client.  If the realtor has deprived you of a profit, forged your signature, or otherwise violated their contractual agreement with you, then it may not only be unethical, but also illegal.  Have a real estate attorney review your contract with the realtor and the purchase documents.  From there, you can decide exactly which remedy (fraud or contractual) you are able to pursue.

IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.

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