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Updated almost 6 years ago on . Most recent reply

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Brad Wood
  • Washington, DC
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Best approach to DMV realtor license?

Brad Wood
  • Washington, DC
Posted

BP community,

I live in DC, own a duplex, and am planning to add to my portfolio. I have a full time job, so I'm looking for guidance on online or evening courses for the DMV real estate brokerage exams. Admittedly, I'm not sure if I need to take different courses for each, or if I just need to write the exam for each.

while I'm at it, I'll also ask if there are brokerages that only charge a nominal fee to hang your proverbial "hat" with them. I will maintain my full time job and this will primarily be to support my own investing. Hoping to get 1-2 multifamilies in the DMV andove out of my duplex into another in the next 5-7 years so would like access to mls and to make more compelling offers by avoiding buyers comssions. I do have a friend that will take me on, but I first wanted to assess options.

Thanks in advance,

Brad.

Most Popular Reply

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17,530
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,311
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17,530
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Keep in mind its a few grand a year to maintain your license. Your splitting the commission with the brokerage. The savings are unlikely to be as much as you think. I had a license for a decade before becoming a a full time agent, and that equated to about $30k in that decade just to maintain my license.

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