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Updated over 4 years ago on . Most recent reply

I'm thinking to start REI as licensed agent.
Hi, My name is Gilberto and after listening to podcasts and reading all about REI, I've decided to pursue this pathway.
I live in the Fort Lauderdale area, FL and I'm still in the "saving money" stage.
Since I lost my job for covid, I've been driving for Lyft but I'm just thinking in apply for a real state license and get a job to fast forward this process as a beginner real state agent so I can learn the perks and (hopefully) save more to buy my first property.
Any advice from you guys? Is this a good idea or there's something that I'm missing out on?
Most Popular Reply

@Gilberto Silva Barreto Filho I’m sorry to hear that you lost your job. Becoming a real estate agent is a great way to earn additional income, and then make it your full-time gig. However, it’s not a good short term solution, as it takes most agents 3-12 months to get a flow of leads that pays them a commission on a regular basis.
I would keep driving for Lyft as you work on your real estate license. It’s not cheap to get your license either, about $1500 per year in my state.
Getting a real estate license also sets you up great if you want to invest long-term. Let me know if you have any other questions!