Obtaining a Colorado Real Estate License
Hey guys,
I've been thinking about getting a license on the side while I work and go to school. Would anybody who has one in Colorado recommend it for somebody who wants to get into investing? Also any good resources on the requirements for the state, as well as I good place to do all the pre-license education? Thanks
Originally posted by @Stephen Spradley:
Hey guys,
I've been thinking about getting a license on the side while I work and go to school. Would anybody who has one in Colorado recommend it for somebody who wants to get into investing? Also any good resources on the requirements for the state, as well as I good place to do all the pre-license education? Thanks
What are you going to school for? If it isn't RE, then I wouldn't bother with a license. You won't do enough volume to keep it. AND you won't know enough about the contracts, etc since you won't really be in the business. IF you are going to sell RE beyond yourself, then I'd look into it.
Right now just an Associate of Arts undergrad degree. Which ill be on for another year. Its hard to say after that because I change my mind every other day, but am willing to adjust if I need to. I'm essentially just using college as a second job right now since I'm utilizing my GI bill and am getting paid to go. If I move forward with getting the license and it seems like something I would like, then I would totally be willing to shift my schooling to RE.
Check out the local Keller Williams. See if you can shadow someone. Sometimes they will pay for schooling if you join up with them after. Look for a team to join.
@Matt M. Thanks for the advice!
@Stephen Spradley I find my license very handy for my flipping business BUT - please factor in that a license is going to cost you $7000-$10,000 every year to keep. Insurance, continuing education, membership fees, desk fees, etc.
@Teri Feeney Styers If you don't mind me asking, did you get your online or brick and mortar, and what would you recommend?
@Stephen Spradley I chose to do it entirely online - but I gather that is unusual. I already had decades of experience in real estate dealing and was familiar with laws, contracts, etc. If you are a "newbie" you might find a classroom situation helpful where people are asking questions, etc. But online is certainly a possibility...