Should I become a realtor

[Alex Burton]

I am very interested in becoming an investor, is it worth it to get my realtors license? I have been researching it but can't determine if I can access the MLS without having a broker holding my license. Is there a way a broker could hold my license without me investing too much time into the brokerage so I can focus on investing? Or I guess what would be the biggest benefits of getting my license and becoming an investor vs. going without it?

[Zach Mitchell]

It's well worth it if you're actually completing transactions. You can use it as leverage on the buying side by leaving the commission in the deal or offering slightly more because your side of the commission will offset 2-3% of the purchase price, or many other ways. Then you will save 3% on every sale when you sell it yourself.

If you buy and sell 3 houses in a year at an average of $200k, that's $1.2MM in transactions, or a savings of about $36,000.

It's definitely more work since you will now be doing the job of the realtor for yourself but from the money I've saved I would get it again without question.