Hi. We own a home in Brooklyn and I got my agent license last Feb. 2020 and joined EXP and REBNY. Then the pandemic hit and we decided to relocate to Los Angeles a couple months ago with our 2 young kids.
I'm not necessarily trying to be an active sales agent anywhere, but I did want to get my license in case I wanted to sell my Brooklyn home or invest in other properties.
Given we've moved to L.A. for the foreseeable future does it make sense to keep paying dues to REBNY and EXP? I ask this with the longview of potentially selling my Brooklyn home sometime in the future and recouping some of the commission.
I know that EXP has alot of agents in L.A. too but given I'm new to the area and I'm taking care of the kids I'm trying to decide whether to keep my standing in NYC active or not as well as the EXP membership.
Sorry for the multi layered question but any insight would be appreciated!
@Anthony Gallagher , absolutely not! There are plenty of brokers that will hold your license for no fee, just commission when you decide to do something. No reason to be spending the money to do so.
Good luck and let me know if you'd like an intro to a broker or two like that.
I agree with above. Alternatively, you can use an agent to see your home and get a referral fee. I know a lot of folks that are strictly referral agents (people that have a great network and just keep the license to get fees) because they don't feel like/have the time to deal with selling.