Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 almost 10 years ago on . Most recent reply

User Stats

10
Posts
0
Votes
Thiago Lima
  • Lowell, MA
0
Votes |
10
Posts

Get a RE license or no?

Thiago Lima
  • Lowell, MA
Posted

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

User Stats

689
Posts
511
Votes
Blair Poelman
  • Real Estate Broker
  • Provo, UT
511
Votes |
689
Posts
Blair Poelman
  • Real Estate Broker
  • Provo, UT
Replied

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. 

Loading replies...