NAR Settlement- More or Less reason for an investor to get Licensed as an agent

[Eli Moore]

Brand new investor here. In my search to find my first deal, I have grown increasingly frustrated with the hassle of having to use an agent to schedule showings, especially when I want to coordinate with contractors or other specialists. I have thought about getting my Real Estate Agent License, and am wondering if the NAR Settlement makes it more or less attractive. I do not have much interest in working as an agent for others, but see the benefit of having access to the MLS and the ability to schedule showings. I understand the costs associated being an Agent (I actually took a course and passed the licensing exam a few years ago, but never did anything with it as I started a new career as a Firefighter).

I am currently doing all of the work in analyzing deals and researching properties, I'm just curious if the new environment makes more or less sense to get licensed.

Any insights are helpful!

[Russell Brazil]

Quote from @Eli Moore:

@Russell Brazil Thanks for the information! What kind of prices are Buying agents going to be charging for their services?

 You'll see cost of agents rise about 20% over the next 3 years. (20% of what they currently charge, not 20% of sales price)