Pros and Cons of Being a RE Agent

[Liz Lynn]

Hey y'all! I've recently moved to SC and am trying to get into REI here. I met an investor broker and am considering becoming an RE agent to gain experience and surround myself with the network and environment of real estate investors.

I've avoided being an agent bc I don't want to pay all the fees and sell houses to get paid, but that was before I knew an investor specialized brokerage like this was a thing. What do y'all think? Pros and cons? Any tips or suggestions? Pros and cons? Thanks in advance!

edit to add: I just saw their page says they're also hiring for admin assistant, transaction coordinator, and wholesale acquisition trainee - wonder if those would still get me good experience and lessons without all the fees

[Michael Carbonare]

Like all things, becoming a licensed Agent has its pros and cons. I've been investing in real estate for 30 years. I've never been licensed. Not anti-Realtor by any means. I just was never a good employee and needed to do my own thing. That said, everything I read and Realtor friends I speak with confirm that sales are far and few between in residential housing at the moment. Sales have plunged to 1995 levels according to one stat sheet I saw. Combined with the changing regulations following the NAR settlement, many real estate agents are leaving the industry.