Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 over 4 years ago, 09/05/2020

User Stats

193
Posts
88
Votes
Kim Handelman
Pro Member
  • Real Estate Agent
  • Guilford, CT
88
Votes |
193
Posts

To License or Not to License?????????

Kim Handelman
Pro Member
  • Real Estate Agent
  • Guilford, CT
Posted

Hey all,

I'm a newbie Wholesaler and am really struggling with finding deals and more importantly when I do find what could be a deal finding reliable comp data for ARV. I'm not getting very much cooperation from realtors on helping me with comps.

I'm on a very limited budget to get started and am weighing the merits of becoming a licensed real estate agent. 

Pros: Access to MLS, Access to seeing listed houses any time I want, if I work with an RE agency getting to sell properties, Making referral fees on those deals that the numbers don't work.

Cons: Taking a lot of time out of my days to get the license, costing valuable $$ that could be going into DM campaigns, and a little nervous it's distracting me from taking my eye off the prize - in other words is this just one more place I am choosing to get more educated rather than just diving in and making deals.

Any input???

  • Kim Handelman
  • Loading replies...