What are your thoughts on getting a real estate license?
Hello folks,
What are your thoughts on getting a real estate license mainly for yourself as a real estate investor?
My issue is that the real estate agent I have is taking longer than I prefer to get back to me with CMAs and setting up appts.
I've heard of asking to get MLS access as a non-licensed assistant. I did ask her about that but she didnt seem too open to that idea.
Now I'm thinking of getting my own real estate license so that I can make my own appts, get MLS access, and more.
What are your thoughts on this? Pros? Cons?
Thank you!
Most Popular Reply
@Account Closed,
Lots of pro's and cons here. If you get licensed you will be held to a higher level of ethical conduct, and some activities may be off limits to you (In most states you cannot wholesale if you have a real estate license, as it is considered unethical to buy a property for under market with intent to immediately resell, or assign the contract). But, MLS Access can be helpful if you aren't using direct mail type campaigns to find your properties. For the most part, I have found that the $500-$1,000 it may cost you to get licensed will proabably pay for itself rather quickly.