What real estate course should I take?

Question

Simon Shih · Answer

They changed the rules in Texas in 2016. You can't be logged into the course of more than 12 hours a day.

Ned Carey · Answer

I don't think it makes much difference. They are all going to teach the same state required curriculum.  Probably just as  important is the Scheduling of the classes. I know a guy that took the MD classes 8 days in a row because he wanted his license as fast as possible.

Simon Shih · Answer

I am in Houston and I have completed my real estate course, online. (I work overseas and offshore so I'm limited in how I can take my courses). I figure having a license is better than not having one. I can put in my own offers and I can access the MLS to pull comps. All I have to do is take my test and I'm licensed. I even have a broker willing to let me hang my license with her firm.

Allied Schools Online.

Dora Peacock · Answer

I've taken both online classes and in person classes. If you can manage the in person classes, I highly recommend you go that route. Yes, the information is the same, but the insights you can glean from the instructor's experience is invaluable! Also, having someone separate the wheat from the shaft, so to speak, is very helpful! There is so much information that it's difficult to determine what is important to remember and what is not. Emailing to ask questions or get clarification is tedious and time consuming whereas, in class, you can just raise your hand. I definitely recommend Champions School of RE for their live classes and I recommend against Real Estate Express for online classes.

As for whether you really need a license or not, that's a personal call. I was already in the process of getting my license when I decided I also wanted to invest. I plan to be a Realtor who happens to also be an investor. If you intend to be an investor who also happens to be a Realtor, there's a different set of questions to ask yourself. Getting your license is an investment itself, and not a cheap one. If you have a "day job" and will be investing part time, I think your time and resources would be better put to use in marketing and finding deals while having a Realtor on your team. If and when you plan to invest full time, that would be a good situation in which to have your own license bearing in mind that you have to do things a bit differently as a licensed agent. For example, you must disclose your Realtor status when buying and selling your investments. Also, all your advertising must include your broker's information.

I disagree with Sabrina that Realtors are going the way of the CD, but that's a different topic. :-)

I hope this helps! Good vibes and good luck to you!

Sabrina Kane · Answer

@Colin Clark Hello I was an active realtor back in 2004 until the crash in 2008. I am now on the investor side of the fence. Just my opinion ....

If you are looking for "just the education" do know that a real estate licensure course will not teach anything about how to become a skilled investor. No strategies and No Real World Experience can be taught in the class.

If you want to learn just hang out in BP (bigger pockets and ask questions) then get a mentor that will take you by the hand and JUMP IN !

The investing world is totally different than the realtor world.

My opinion is that alot of people over the past 25 years got their license because that was the traditional thing to do entering the real estate arena. Many realtors were affected by down markets and changes. Personally speaking I realized its much more profitable and flexible when you are on the investing non traditional side of the fence.

Now with the internet and self serve website like zillow and etc, I'm trying to see how realtors will continue to survive in a world thats changing toward self serve to sell your house as well with so many entrepreneurial investors helping homeowners sell and buy.

I'm not here to debate about realtors but, I think the realtors may soon become like the old CD getting replaced by ipods and itunes.

Thanks

Sabrina Taylor

What real estate course should I take?

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