Getting my real estate license worth it as a newbie?

[Susan Owen]

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?

[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!