Real Estate License???
6 Replies
Jorge Ruiz from Los Angeles, California
posted 5 months agoHello BP!
As I get ready to to start purchasing real estate in the next month or two I had a thought. Maybe some of you investors that are real estate agent and/or Realtors can help me here. I plan to invest out of state- would it be of benefit to get my real estate license in my home state or the state I plan to invest in say in order to have some sort of inside scoop on properties? Thanks BP!
Dustin Frank Real Estate Agent from Denver, Colorado
replied 5 months agoYes! Having my real estate license has introduced me to opportunities I had never previously thought of. I have even had other agents call me and offer me off market deals because they know that I'm the "investor agent" and they are now willing to accept less in exchange for a quick close.
Gerald Harris Investor from Atlanta, Georgia
replied 5 months agoJorge Ruiz from Los Angeles, California
replied 5 months agoOk so in what state? In the state I plan to invest or the state I live in? I plan to invest out of state...
Thanks guys...
Jorge
Gerald Harris Investor from Atlanta, Georgia
replied 5 months agoYour home state. For an agent real estate is local. I was in agent for 9 years in Corona, CA/ Rancho Cucamonga area. You can also be the go-to agent for slot of people here on Bigger Pockets. Having a license and being a part if NAR ( National Association of Realtors) it opens you up to getting referral fees from other states. Deals that you refer to other agent. It also opens you up to other agents in other states. Most agents are not investors. When you let other agents in other areas know, they will refer you deals cause they want a commission
John Bryson Investor from Seattle, Washington
replied 5 months agoYES! Definitely get your license. I would get your license in the state that you live in. If you're going to do "real estate agent" business in other states, check the laws for that state as you may have to have an office in that particular state....This isn't necessary for investing, just doing real estate agent activities such as listing a home or helping someone buy in that particular state.
I think someone else said this as well, but you can always refer those clients to other agents to avoid needing to have an office there.
Jorge Ruiz from Los Angeles, California
replied 5 months agoFree eBook from BiggerPockets!

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