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Updated over 8 years ago on . Most recent reply

Real Estate License
Hello Investors,
I have considered getting a real estate license for the sake of education by understanding the other side of the deal. I understand that with a license you save money on commissions, save the hassle of a "middle man" in a transaction, and you have access to the MLS.
I discovered this agency that would mentor me and I understand real estate agencies are kinda shady in that aspect but I believe this agency is credible. Would it be useful to go through this? It's a commitment. I heard as a REI you don't have to get a license. But what if you were mentored step-by-step from the realtor's perspective could that give you an edge? If it could then how?
Also as a noobie who's learning, a bonus is being able to have credibility and knowledge to meet with a local investor group to build connections, mentorships, and partnerships with my license making me a more valuable partner and proving that i'm serious in this as a young man.
Thanks, I appreciate you for taking your time to read this post.
Sincerely,
Brian Tran
Most Popular Reply
Absolutely! I cant believe I waited so long to get my license. Having you license will absolutely give you an edge and will give you many more opportunities. You will save money in transactions, be more knowledgeable about the market, and will be able to get referral listings to make extra money.
Getting your license is cake I cant believe anyone wouldn't want to do it but I can only speak for myself. You will be able to watch the market and will be much smarter for doing so. I also found that I ran into deals from friends and family after I got my license plus having the MLS was key for me.
I have a couple concerns being that you are newer because agents and investors think differently, if you want to be an investor that make it a point to be associated with a investor friendly brokerage/broker so that you are taught both sides. You should not need to make any commitment because this company wants to help you get your license its less that $500 to get your license and the classes they teach are all you need. Make sure whatever brokerage you find is ok with whatever investing you plan to be doing. Keller Williams is very investor friendly and most of them are investors. Just do the damn thing you can thank me later :) Good Luck - Sam