Updated over 6 years ago on . Most recent reply
Benefits of becoming a Real Estate Agent in NYC
Hello everybody. I'm new to Real estate investing, and thinking of obtaining a Real Estate license. I'm not planning to become a full-time agent, but still would like to do a couple of deals a year. The Main reason id like to do it is the access to MLS and for education.
Do you think is worth it? If you are an agent in NYC, what are the yearly costs to keep the license active? For a part-timer, should I join a Bigger firm or choose a smaller shop?
Thank you!
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- Real Estate Agent
- Buffalo, NY
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@Viktoria Barrett it will cost you an MLS subscription, a local Realtor association due, and possibly an eKey monthly fee depending on what brokerage you join.
The classes to get your Realtor license are a good way to learn about the industry. Getting sales is very difficult, and it may be harder than you think to get a few done a year if you are not doing it full time. Unless of course you have active friends and family that will use you.
Access to the MLS is great but... not necessary if you have a great agent who can get you set up on an auto email.
- Matthew Irish-Jones
