Should you get your real estate license as an investor or not?

[Cedric Volkmer]

I am just wondering what your opinion is on getting your real estate license as a REI. I am working very closely with my realtor, but sometimes wonder if it would be easier to schedule my own showings as soon as properties come up.

What costs will all be associated of being a realtor and being with a brokerage?  What do you see as the pro and cons? 

Excited to hear what you think!

[Jonathan Greene]

I think it's a no-brainer to get your license. You don't have to want to be an agent or to list your own flips to get your license. A RE license is real-time access to vacant properties, showings, and the more important thing, the MLS so you can run real comps and proper ARV and know rent rolls that you may not have access to outside of the MLS on syndicated sites. The class is also much more useful for investors than standard agents because it talks about everything and that's what you need as your diversify your investments. The last part is that you can help friends and family, and other investors you know, find properties in your spare time. Your brokerage fees can range from 75/month-200/month depending on the brokerage. Your MLS fees and board fees can run 1000-1500/year, in general.