Should I get my real estate license?
Newbie investor here. My husband and I are getting ready to start the BRRR strategy to buy and hold 1 or 2 properties a year. We have limited experience: we own and have managed and 4 Plex for a year.
Is it worth it for my husband to get his real estate license to save us on realtor fees?
Is direct MLS significantly better than redfin/Trulia/Zillow? Would having an experienced agent make a large difference?
Most Popular Reply
Yes, if you're serious about investing it gives you a HUGE advantage. Otherwise, you're at the mercy of a realtor. You also have access to the MLS and you save 3% when selling/purchasing properties. Trulia, Zillow, Redfin are a joke compared to the MLS. The data you get from the MLS is so valuable! Never use a zestimate for a property value! They are complete garbage!
Honestly, the saving you will get from selling and buying property will be worth it alone. The average home price where I am is $200,000 so I save $6,000 every time I sell one of my properties. If I do 2 a year that's $12,000 saved in commissions!
Hope this helps :)