Updated about 3 years ago on . Most recent reply
Benefits of Becoming a Broker as an Investor?
Hi All,
I am curious if any of you have thoughts on the benefits/drawbacks of becoming a licensed broker as an investor. Is there anything to lose from doing this? Seems like a good way to learn about the industry and potentially save some $ on future sales.
Most Popular Reply
You waste two important things with this strategy: time & money
Only do this if you like the idea of selling real estate as a job. I know many successful real estate investors and none of them are realtors. That is not to say you can't be both, but being a realtor is not a requirement for success in investing.
Also, in many states, you must disclose you are a realtor when buying property for yourself. That puts some sellers on edge.
Only do this if you like the idea of selling real estate as a job. I know many successful real estate investors and none of them are realtors. That is not to say you can't be both, but being a realtor is not a requirement for success in investing.
Also, in many states, you must disclose you are a realtor when buying property for yourself. That puts some sellers on edge.