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Sandra Holt
  • Real Estate Investor
  • Columbia, MD
94
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172
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Worth it to get Broker's license?

Sandra Holt
  • Real Estate Investor
  • Columbia, MD
Posted Feb 14 2018, 13:54

I am an attorney and looking to get my broker's license because in my state I can sit for the exam without having to be a realtor for 3 years. I am getting it so that I can sell my home this summer, buy another primary residence, and buy one more rental property this year.  After that, I intend to buy my typical 2-3 rental properties per year.  I've sent in the requisite paperwork to waive the education requirements and am ready to start studying.    

Other than MLS fees, local real estate board fees, and possibly fees to get my hands on real estate contract templates, what other fees am I missing? I just want to make sure that I am going into this with eyes wide open.

Also, does anyone have advice on how to get some type of mentor to guide me through my first couple deals.  As I said, the deals will just be my own but I really don't want to screw anything up!   I've bought a few houses before so I least have that going for me.  Thanks for any advice!  

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