Should I get a real estate license?

[Jared B.]

Should I get a real estate license? I'd love to have direct access to the local MLS, even if it costs me. I don't mind informing sellers/buyers that I'm a licensed real estate agent. I also want to have a relationship with my local title insurance rep. can give me foreclosure information that's accurate from Dataquick.

Does it help to save on closing costs to be your own agent?

[Eric Medemar]

It depends on who you are working with, I close all of my own deals for free not just because I am an agent who can bring more business, but because I am an investor who closes alot of deals.

One of the major downalls to getting your license is it can be very expensive because of mls fees, NAR fees, state fees, offices fees, etc.

Be sure that you consider all of those factors. I have been an agent for 7 years and love it, I primarily wholesale and rehab now but being an agent has served me well.