Real estate license?

Question

easy question I think...do I need one? If not, does having one help? I see it as if I'm going to invest money to learn anything, why not real go for the licensing, right? Been reading up on this lately and my guess is it will definitely help. Maybe I'm just asking a redundant question....

Eric Espinosa · Answer

Thanx Rob! Here I thought I was the crazy one thinking like this. Definitely want to just jump into all this head first already, hell I did that just moving my family to Houston, shotgun style. The first step is always the hardest, just like back then...only difference this time is I don't know HOW to start. I keep reading and learning and feel like I'm burning myself out in all this reading. I just want to jump in and make a deal already.

Rob Boese · Answer

@Eric Espinosa

Hi Eric - As a former New Yorker, I can appreciate the way you feel! I lived on Long Island and the Upper East Side for a few amazing years. Now I'm in a similar position to you in TX, where the real estate here is super affordable here in Central CA, compared to NY.

Let me say that being licensed and being a broker is no means 100% required to participate in real estate. Don't let let that slow you down. Sounds like you will have no problems attracting people who put their trust in you. Learn all you can to repay that trust, and you'll be massively successful in real estate.

Eric Espinosa · Answer

Hey Rob,

That's what I figured. I've been reading back and forth, pros and cons, and just knowing the person that I am, I like to just cut out the middle men as much as possible. I appreciate help always but ever since moving to Houston 8 years ago, it just seems the New Yorker in me hasn't and won't ever leave me. A good thing for me for sure but going at this alone is no fun. Just with my recent history alone I see that. I try not to be cocky about it, but history just keeps repeating itself. I work for a company, leave and the clients call me back, not the company - and I don't even try. I've learned being my own individual takes me further and asking for the assist when needed works out best. Going back to this, this was my logic about getting my real estate license, getting my brokers license is in the not too distant future behind that as well. The way I see it, at least this way I can grow properly in real estate. Grow the proper networks and expand on that. Logical, yes...?

Rob Boese · Answer

Hi Eric - This is a frequent question I get asked from time to time and on BP as well. My short answer is: It can only help. Being as licensed salesperson can help you eliminate or minimize the commission on any given transaction. It gives you access to your local MLS and Realtor board. Where you start to see the biggest value is being a broker. In addition to being able to control most of your own transactions, you will open your field of possible deals as this allows you to openly network with follow brokers and investors in a meaningful way. At least that is how it is here in CA. As a full service broker and "Realtor" (TM) and brokerage house, if you called me and asked for help on any type of real estate deal, big or small, 90% of the time I could say yes, if the transaction were a good one for all involved.