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Updated almost 8 years ago on . Most recent reply

Account Closed
  • Real Estate Agent
  • Quad Cities (IA and IL)
34
Votes |
107
Posts

Agent as Investor/Investor as a Agent.

Account Closed
  • Real Estate Agent
  • Quad Cities (IA and IL)
Posted
Hello, are there any Realtors on here who are also active investors. I am working on getting my Realtors license and I should have it in less than a month. i just want to know how obtaining your license affected your Real Estate Investing career.

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Joseph M.
  • Flipper/Rehabber
  • Los Angeles, CA
732
Votes |
1,416
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Joseph M.
  • Flipper/Rehabber
  • Los Angeles, CA
Replied

Hi Samuel Odeyemi there are plenty of agents/brokers on BP that are active investors .

My understanding that you must disclose you are an agent whenever you are looking to buy/sell a property from a seller .

There are several advantages that I see .
Access to MLS data
Ability to write your own offers
Ability to earn commissions on your purchase
Ability to save commission on your own properties that you sell .

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