TO BECOME AN AGENT OR NOT???

Question

BP,

Would it be beneficial to add real estate agent to my tool-belt for here in California market?

Karen Margrave · Answer

@Christopher Hunter It's one more tool in the toolbox. Aside from that there are the commissions that you can use for putting into your deals, access to the MLS for selling your properties, etc. You may think you don't want to represent yourself, but in reality writing your own offers makes it so much easier than having to depend on another agent and work around them.

As far as liability, if you are an honest person, that does business in an ethical way, you don't have to worry about a license being a hindrance.

You may even want to work as an agent one day, who knows? It's just another option you'll have available to you.

Nick Wing · Answer

@Christopher Hunter I didnt meant get the lic to represent other investors, I meant to get it so that you can represent yourself on your sales. You will keep 3% of the purchase price in your pocket instead of giving it to a listing agent. However if you dont have time to list the property and market it yourself, reach out to as many agents as you can, offer them a listing if they bring you a deal.

Shawn Mcenteer · Answer

@Christopher Hunter this to me is one of the toughest questions to answer because it varies from person to person.  If you are looking to buy/sell RE for others then the answer is obvious.  Being an investor and wanting access to the MLS will for sure make life easier but it comes at an expense. Likely it will cost you $2500-3500 a year to keep your license.  I strongly believe it can not hurt but like anything else if you do not utilize the tool it is useless. Great for getting in house an not having to worry about finding an agent to let you in.

Christopher Hunter · Answer

Account Closed Just to run comps with more accuracy.

Tony Cavalli · Answer

online, its easy. just reading and memorization.

Christopher Hunter · Answer

@Tony Cavalli Did you do the online coarse or through a broker?  Keller Williams has been in contact with me.

Christopher Hunter · Answer

@Karen Margrave Thank you.

Christopher Hunter · Answer

@Nick Wing I did not know that.  I will have to reach out to a view agents this weekend.  I have been going to open houses on the weekend and there is a real estate meeting this weekend in Buena Park.

Wendell De Guzman · Answer

What will you use the license for? If to have access to the MLS, the best deals are NOT in the MLS so....you don't need it.

Tony Cavalli · Answer

might as well do it.. I'm in the process now... I should have done it sooner.

TO BECOME AN AGENT OR NOT???

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