Should I get a brokerage license or just a sales license

Should I get a brokerage license or just a sales license

Member since 2021 · 2 posts · 0 votes

Right now I'm a wholesaler in Texas in a couple months I will be moving to Arkansas and after doing some research figured that it would be easier to get my license the but I don't know to just get a sales license or a brokerage license

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  • Nathan GesnerBusiness Member
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    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    5y
    Originally posted by @Julian Miller:

    Right now I'm a wholesaler in Texas in a couple months I will be moving to Arkansas and after doing some research figured that it would be easier to get my license the but I don't know to just get a sales license or a brokerage license

    You have to be a salesperson first. After you have two years as a salesperson and the required education, then you can upgrade your license to a Broker license.

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  • Member since 2021 · 2 posts · 0 votes
    5y

    @Nathan G. Thank you

  • Real Estate Broker · Fayetteville, AR · Member since 2017 · 375 posts · 240 votes
    5y

    It depends on what you want to do. If you want to keep wholesaling, I wouldn't get your license. Do you want to sell real estate? What value do you see in getting your license?

  • Realtor · Scottsdale, AZ · Member since 2019 · 125 posts · 51 votes
    5y

    @Julian Miller

    Hey Julian, it depends. I got my re license to do my own deals and it’s kind of a burden because I don’t know the process as it’s not my full time job. Then I could get my brokers license but I’d have to learn even MORE just to save a little extra. The more you work the more work is needed to be done. Having said that, I’m dumb enough to probably get my brokers license.

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