All Forum Posts by: Susan Owen
Susan Owen has started 5 posts and replied 14 times.
Post: Getting my real estate license worth it as a newbie?
- Rental Property Investor
- Los Angeles, CA
- Posts 14
- Votes 10
Quote from @Melanie Thomas:
Yes- a great tool and learning experience. I'd say go for it!
@Melanie Thomas thank you! That’s what I would have thought as well. However the consensus is it would not be helpful.
Post: Getting my real estate license worth it as a newbie?
- Rental Property Investor
- Los Angeles, CA
- Posts 14
- Votes 10
Bruce- sorry for posting without searching.
Post: Getting my real estate license worth it as a newbie?
- Rental Property Investor
- Los Angeles, CA
- Posts 14
- Votes 10
Quote from @Shane Benson:
Hey Susan! I'm a newbie too. I am a realtor. Up to 3 properties now. Got my RE license so I could learn to invest and I would say it was great experience to get some transactions under my belt and learn the process.
However, you already know what you want, and have already gone through some transactions with that duplex it sounds like.
I would say, getting the License is not worth it unless you want to represent people and make money from commissions. There is already too many realtors out there.
Some numbers for you: I pay $170/mo in dues, and $400 a year to my local MLS separately from the $170/mo. ($2400/year)
MLS access is great, but I would recommend just having a great realtor work for you rather than you being the realtor yourself.
Hope this helps!
Shane- this is excellent feedback. I do not want to pay those fees! I'll find a realtor to do it for me. Thank you!
Post: Getting my real estate license worth it as a newbie?
- Rental Property Investor
- Los Angeles, CA
- Posts 14
- Votes 10
I’m a newbie. We house hacked our duplex 9 years ago and my goal is to get my next deal within 6 months. Even before I started this particular portion of our journey, I always wanted to get my real estate license so I could understand the process a little more from the inside.
I am wondering: are there reasons I shouldn’t get my RE license?