Should I get California broker's license to have on the side?
Hi everyone,
I'm 22 and just about to graduate college this May. Since I'm graduating with a degree in real estate I bypass the requirement to work under a broker for 2 years. I just need one more class to become eligible to take the broker's exam in California. I can easily take an online course through a local community college and get that done over the summer in like two months.
I don't plan on going into brokerage or investment sales; however, I do plan on purchasing investment properties in the coming years once I have a steady income to qualify for a loan. I've also talked to some people who've said they use it as extra side money to broker real estate deals for friends and family. Do you not need to create or be a part of a brokerage firm to do this if you have a broker's license? Can you just independently broker any type of real estate even if you're not associated with a firm?
I'd also like to know if this would be advantageous for me to get considering I'm nearly eligible. And what would you guys do with a broker's license in my position? Any input is greatly appreciated!