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Updated over 2 years ago on . Most recent reply

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Is It Worth It For Me To Get A RE License?

Posted

Hey Everyone,

I've been thinking of getting my real estate license mainly just for fun. I have a full time corporate job and LOVE learning about RE. I dont think i would ever commit full time to being an agent but I would like to have the license for the added knowledge and then be able to represent myself when it comes time to buying some properties. When I have brought this up to other agents they always discourage it because I think they don't want to lose out on my potential commission. I get that it probably isn't worth it to get the license if you are just trying to save the 3% in fees but I feel like if I'm willing to put in time on my own to learn more about RE and already be studying it as a hobbie, I might as well make it official and get the license. And if I get to save some money in fees in the meantime, great! 

When It comes to the fees, would a buyer representing themself really get to save a full 3%? Or are there other fees that you would need to end up paying anyways?

Most Popular Reply

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9,861
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Eliott Elias
  • Investor
  • Austin, TX
5,555
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9,861
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Eliott Elias
  • Investor
  • Austin, TX
Replied

I was working a W2 and had my license, can walk properties whenever I wanted, run comps, represent others and make offers while pretending to do work at my W2. I ended up quitting my job and committing, bes thing I ever did. I make 3% back on every purchase i make 

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