Never let your RE license expire!

Laurel, Maryland
Real Estate Agent
1moFollow

Never let your RE license expire!

Candice CoatesPro Member
New to Real Estate · DMV · Member since 2022 · 53 posts · 45 votes

Once upon a time, I was an agent for a brief moment 10 years ago. I studied for the exam and had to take it 2X before I passed it. I didn't do much with it. I was working overnight and attempting to practice real estate during the day. I let one bad conversation with a top-performing agent at the brokerage and a rental that was running me rampant discourage me from not only taking my CE courses but also allowing the three-year extension to lapse as well.

I so regret it, because now, I am at the end of the coursework for the CE Shop, and I'm not getting the scores I want on the practice exams. Life has been so busy, but we make time for what is important, so there are no excuses. I really just need to tune in and study, study, study!

Any suggestions or stories from other agents or former agents who let this happen to them?

[email protected]301-381-1045
BiggerPockets
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Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
1mo

RE license test are all about memorizing and taking massive amount of practice test full stop.. I have had licenses in OR CA MS all brokers licenses. still have my CA license that I got in 75 Even though I have not used it in many years.. I just take the CE every 4 years.. But now in CA the one thing that I guess they do right is if you have had your license for a certain number of years in good standing and then turn 70 you no longer have to take CE just pay to renew every 4 years.. I have hit that milestone so since I dont have to every take CE again I suspect I will keep it until I die :)

My Mortgage lender license though the CE was every year and after about 12 years of not using that one I finally let it go.. I kept it as I thought I might buy a mortgage company but that notion has passed me by.

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  • Nicolas MoralesBusiness Member
    Investor · NV, SC · Member since 2023 · 18 posts · 23 votes
    1mo

    The one bad conversation discouraging you is the part that hit home. I had a similar moment early on — let one interaction with someone further along make me second-guess whether I belonged in the room. Looking back, those people are usually just protective of their position, not actually trying to help you.

    The fact that you're back at it says more than the lapse does. Finish the coursework. You already know what letting it slide costs you.

    Good luck on the exam — you've got the harder part (coming back) already done.

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  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    1mo

    RE license test are all about memorizing and taking massive amount of practice test full stop.. I have had licenses in OR CA MS all brokers licenses. still have my CA license that I got in 75 Even though I have not used it in many years.. I just take the CE every 4 years.. But now in CA the one thing that I guess they do right is if you have had your license for a certain number of years in good standing and then turn 70 you no longer have to take CE just pay to renew every 4 years.. I have hit that milestone so since I dont have to every take CE again I suspect I will keep it until I die :)

    My Mortgage lender license though the CE was every year and after about 12 years of not using that one I finally let it go.. I kept it as I thought I might buy a mortgage company but that notion has passed me by.

    Podcast Guest on Show #222
    JLH Capital Partners51 Review
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    4Reply
    • Candice CoatesPro Member
      OP
      New to Real Estate · DMV · Member since 2022 · 53 posts · 45 votes
      1mo

      You are not 70!!!!!! That's amazing; you are now a lifetime agent in CA. That just sounds prestigious lol.

      Sometimes goals change, and that's okay. I think it was safe for you to let the mortgage lender license lapse after having it for 12 years. It's amazing when agents are able to expand in other states. Do you have teams in these states as well?

      [email protected]301-381-1045
      BiggerPockets
      0Reply
    • Jay HinrichsBusiness Member
      Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
      1mo

      OH ya MS Lori and I hit that milestone.. :) but hey 70 is the new 50..

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    • Candice CoatesPro Member
      OP
      New to Real Estate · DMV · Member since 2022 · 53 posts · 45 votes
      1mo

      Agreed! You both look amazing, and please let her know I said so. Taking care of yourself is also a full-time gig lol.

      [email protected]301-381-1045
      BiggerPockets
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