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Updated about 11 years ago on . Most recent reply

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16
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1
Votes
Pamela Soto
  • Bayonne, NJ
1
Votes |
16
Posts

Would I be helped or hindered in doing wholesaling if I become a real estate salesperson?

Pamela Soto
  • Bayonne, NJ
Posted

I'm having trouble deciding if working as a Realtor full time instead of my regular job as a teacher would help me get into real estate investment. I thought having access to the MLS and vacant houses as a Realtor, and not paying closing costs would be beneficial, and I could incorporate what I learn in sales into the investment side of real estate. But I don't know if many agencies want me to do wholesaling or real estate investment. I passed the real estate test, so I'm ready to start with an agency. Either way, I want to get started in real estate investment.

Most Popular Reply

User Stats

774
Posts
358
Votes
Aristotle Kumpis
  • Specialist
  • Long Beach, CA
358
Votes |
774
Posts
Aristotle Kumpis
  • Specialist
  • Long Beach, CA
Replied

When you have your license active with a broker, you will need to disclose that you are an agent. You will need to do that with every deal you buy, even if it's your own. That's the only downside that I know of.

  • Aristotle Kumpis
  • Loading replies...