Becoming a realtor to invest

[Jake Davis]

I made a post a while back asking if becoming a realtor was worth it or not. I received many different responses and that was awesome! (Honestly, not sure if it was here or reddit). I pulled the trigger and I start my pre-licensing course on Monday! 

I know there are MANY realtors on here and I was hoping I would be able to pick some of your brains. 

My goal is to become a realtor part time while still working my 8-6 job and learn as much as I can. When real estate becomes too time consuming and I’m “losing money” by continuing to work my full time job, then I will transition into real estate full time. I figured that becoming a realtor would satisfy two needs, “freedom” and my love for real estate. Because let’s be honest, being a mechanic isn’t very good to your pockets or health. 

My end game goal is investing and building my empire, I personally feel that becoming a realtor is the best way to learn real estate while getting paid for it. That’s also not the only reason I’m becoming one, but a big one. Does anyone have any advice for beginner realtors? Do you think this is a good plan?

[James Wise]

Originally posted by @Jake Davis:

I made a post a while back asking if becoming a realtor was worth it or not. I received many different responses and that was awesome! (Honestly, not sure if it was here or reddit). I pulled the trigger and I start my pre-licensing course on Monday! 

I know there are MANY realtors on here and I was hoping I would be able to pick some of your brains. 

My goal is to become a realtor part time while still working my 8-6 job and learn as much as I can. When real estate becomes too time consuming and I’m “losing money” by continuing to work my full time job, then I will transition into real estate full time. I figured that becoming a realtor would satisfy two needs, “freedom” and my love for real estate. Because let’s be honest, being a mechanic isn’t very good to your pockets or health. 

My end game goal is investing and building my empire, I personally feel that becoming a realtor is the best way to learn real estate while getting paid for it. That’s also not the only reason I’m becoming one, but a big one. Does anyone have any advice for beginner realtors? Do you think this is a good plan?

 Getting your license is a no brainer. The advantages are endless really. To name a few

• Access to deals before the general population.
• Earn commission on the buy side of your own purchases.
• Save money on commission on the sell side of your own purchases.
• Ability to tour homes on your schedule and your schedule alone (outside of sellers restrictions of course). You've removed a middle man who's schedule could slow things down.
• Ability to earn additional income working with other investors or buyer / sellers.
• Training.
• Networking.
• More respect from those looking at you / your business. You are a licensed professional in many peoples eyes now, not just a regular Joe.