Updated over 14 years ago on . Most recent reply
To become an Agent or Not, that is the question
The main purpose that has gotten me thinking to take the classes and because an real estate agent is that fact that it will save me thousands when I buy a property in closing cost. Are there any cons in becoming an agent? When they say, being a licensed agent, what does that mean? For those who have been in this game for a while would it be beneficial to become an agent?
Most Popular Reply
I love being an agent for my own investing. I can look at the comps, get into properties quickly and also agents will tell me things they will not tell an unlicensed person.
Yes there are costs - you will have board dues, con ed each year, and MLS dues. You might also have office dues. It varies by state and office. I pay about $1500 a year for my license but when I do one deal I get more then that back.
Consider it if you are buying more then 1-2 deals a year through agents.
- Wendy Patton
