Should I get my RE license in TX to estimate ARV?

Should I get my RE license in TX to estimate ARV?

Rental Property Investor · Austin, TX · Member since 2013 · 87 posts · 31 votes

I'm hitting a roadblock in determining the ARV of homes in Texas. Because it's a non-disclosure state, I can't create a CMA. I could ask my agent to run this for me but if I'm looking at 10+ deals per day, I can't rely on him running reports for me.

So my question is should I get a license myself or is there another approach I am missing? A quicker way to estimate ARV? What do you other more experienced investors do?

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  • Real Estate Agent/Investor · Peoria, AZ · Member since 2016 · 2k+ posts · 2k+ votes
    5y

    @Jim Piety

    It can cost anywhere between 1k-2k a year just to keep your license active. You may want to work with your realtor on getting comps for you if that price is too steep.

  • Rental Property Investor · Austin, TX · Member since 2013 · 87 posts · 31 votes
    5y

    @Bob Okenwa Thanks!

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