Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 9 months ago on . Most recent reply

User Stats

2
Posts
1
Votes
James NA
1
Votes |
2
Posts

Networking & Starting Out; Should I get a realtors license?

James NA
Posted

Greetings all,

I recently graduated (in my 20s) and moved into the area for work. I plan on saving my income and applying for a FHA loan next year. In the meantime, I am trying to better understand the Indianapolis (Fishers, Carmel) real estate market and considering getting a realtors license.

In Indiana, the cost for the real estate licensing course is approximately ~$580 and an additional ~$80 annually to maintain. I am trying to decide if this is a worthwhile endeavor.

From what I have read, the main benefit is early access to MLS for purchasing homes and saving on commission costs while selling homes.

This leads to two questions:

- Is simply having early access to new listings worth $600, or is it only worthwhile if I plan on flipping and selling a property on my own? I don't plan on representing others.

- Is the license itself intrinsically useful for networking, or does nobody really need a rookie agent?

My provisional strategy is to put a room in a property up for rent while also living in it as my primary residence for a year. I will do minor renovations over the course of that year then flip for a profit. This may be an overly ambitious strategy considering that I am inexperienced in both DIY and sales contracts, but in theory it seems like a very efficient option. Feel free to give me any advice or direct me to any meetups. I am always looking to build my network.

Best,

James

Loading replies...