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Updated almost 5 years ago on . Most recent reply

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Terry Benedict
  • Los Angeles, CA
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Getting a CA broker's license with minimal agent experience?

Terry Benedict
  • Los Angeles, CA
Posted

I'm in California, and I self-manage my own rental properties.  I also independently manage properties for family members.  I have my agent's license, but I haven't hung it with any broker yet.  As far as I can tell, that's not so kosher...  My family members want me to continue managing for them, but I want to be able to do it legitimately.  The way I'd like to do this is by getting my own broker's license, which requires 2 years full time experience under a broker.  The sticking point for me to hang my license somewhere is that I'm independently acting as a landlord and PM.  And also, to be honest, my desire to act as an agent doing purchases/sales is pretty low.  I'm starting to look into brokerages like eXp Realty that might not require a certain number of transactions per year, but just having time under a broker might not be enough to meet requirements.  Does anyone have any advice/suggestions?

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17,515
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,270
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17,515
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

This sounds like to me you want to have a pilots license without going to flight school. I wouldnt hop in the seat of the plane you are flying.

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