Investor · La Grande, OR · Member since 2014 · 194 posts · 176 votes
9y
@Account Closed,
Lots of pro's and cons here. If you get licensed you will be held to a higher level of ethical conduct, and some activities may be off limits to you (In most states you cannot wholesale if you have a real estate license, as it is considered unethical to buy a property for under market with intent to immediately resell, or assign the contract). But, MLS Access can be helpful if you aren't using direct mail type campaigns to find your properties. For the most part, I have found that the $500-$1,000 it may cost you to get licensed will proabably pay for itself rather quickly.
Investor · La Grande, OR · Member since 2014 · 194 posts · 176 votes
9y
@Account Closed,
Lots of pro's and cons here. If you get licensed you will be held to a higher level of ethical conduct, and some activities may be off limits to you (In most states you cannot wholesale if you have a real estate license, as it is considered unethical to buy a property for under market with intent to immediately resell, or assign the contract). But, MLS Access can be helpful if you aren't using direct mail type campaigns to find your properties. For the most part, I have found that the $500-$1,000 it may cost you to get licensed will proabably pay for itself rather quickly.
Investor · Pittsburgh, PA · Member since 2015 · 1k+ posts · 1k+ votes
9y
@Account Closed I would strongly suggest you get your license. if after a year or two you decide its not the right thing for you then you can let it expire or put it into escrow. Its not expensive to get and keep a licenses and just one sale commission would pay for it for two years