Should I Become a Real Estate Agent?

[Ashley B.]

My DH and I are looking into buying 4-5 rental properties over the next five years. We have the down payment for the first one and have started looking to purchase. We are working with the real estate agent who sold us our home. I am considering getting my real estate license so that we can do it ourselves and save the commission fee. We are in Florida. Is it common to do this? Do I need a broker - is it common for brokers to work with people who are just buying homes for themselves? How would I find this broker?

Thank you for your help. Any information is appreciated.

[Brie Schmidt]

@Ashley B. - In IL is costs me about $1500 - $2000 a year to maintain my license after fees, insurance, MLS, ect. So if you think your commission will be more than that then go for it!

Looks like you can be a sales associate, so your license would be under a broker.  Expect them to take about 30% of your commission when figuring out the calculations

http://www.ifrec.com/courses/licensereqs.htm