Updated over 9 years ago on . Most recent reply
Real estate license
Id like to know if it would be benificial to have a Real estate license if you just plan on being an investor? I'd like to get licensed just because, but is there any real benefit besides an mls account? If so, can someone list a couple things? I'm new to all of this! Any reply is greatly appreciated!
Thank you.
Most Popular Reply
All States have their own rules regarding the path to becoming a broker. In New Mexico, it is two years. There is no requirement to have a certain amount of closings. Several states require that you close a certain amount of deals.
I have my two years, but prefer to work with a brokerage. They only take a small cut and pay my errors and omissions insurance.