Is it worth it to get my real estate license? I live in New York and building my education to start investing in real estate. In order to get my license, I have to get a sponsorship broker to complete the course. That means I have to work at a real estate agency?
Hi Gary, a lot of our investors do not have a real estate license. It does seem that the investors that are licensed have a little more experience and can analyze deals faster.
In California, you can get your real estate license without being sponsored by a broker. But in order to conduct real estate business as an agent, you must work under a broker.
If NY requries you to have a broker 1st, just seek out a broker that doesn't expect you to work at their agency.
Best of luck.