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Updated almost 10 years ago on . Most recent reply
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Get a RE license or no?
I'm looking to be a landlord. I would love to become a real state agent. What are the pros and cons of being one specially in Massachusetts? What does it take to get a RE license?
Thank you
Most Popular Reply
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Getting your license is slightly painful, but relatively simple. You'll spend a few weeks and maybe $2500 in total getting your license, testing, and your association fees for the first year. Not a bad investment of time and $$ if you use your license correctly and you have a real plan for success.
It's just like any other business you start on your own. If you work at it, and you run it smart, you've got a good chance of success. If you're thinking that when you get your license you'll immediately inherit a bunch of deals with a crowd of lay-down clients in an industry full of professionally courteous individuals, you'll be sadly disappointed. (take that with a little grain of salt :)
I will say that having access to information (MLS) as well as some other tools that are available to licensees gives a bit of a competitive edge in the MLS sector of the market - but simply having your license isn't going to make you more successful.
Remember, just like Atmosphere says "The modern man must hustle"
Also, as you get into the "official" (I guess we'll call it that) licensed RE world, you'll get a glimpse into why some things in the RE world are just flat-out idiotic.