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Updated over 7 years ago on . Most recent reply

User Stats

131
Posts
28
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Lucas Mills
  • Physical Therapist Assistant
  • Springfield, MO
28
Votes |
131
Posts

Some questions about getting my real estate license. Worth it?

Lucas Mills
  • Physical Therapist Assistant
  • Springfield, MO
Posted

I am looking to obtain my first investment property sometime within the next 6 months. I've already been through the process of making an offer, but I ended up backing out because the property was in a flood zone and I could not find insurance for a reasonable price.

During that process, and agent went with me to look at a handful of homes. He was friendly, but I always felt like I was a burden to him. Plus, I had to work with his schedule and wait until he could show me a home to look at it.

As such, I've considered getting my real estate license. So a couple questions:

1. Is it worth it for this purpose alone? For being able to show yourself properties?

2. Let's say that I wanted to actually sell a house here and a house there on the side, for supplemental income. Is this a feasible thing to do while also working a separate, full-time job? Or is being a real estate agent it's own full-time job? I would prefer to sell houses purely at my own discretion; maybe only for friends and whatnot. So can I do this? Or, do you have to actually work for an agency to be able to sell? How does this work?

Most Popular Reply

User Stats

101
Posts
34
Votes
Jason Turo
  • Investor
  • Norman, OK
34
Votes |
101
Posts
Jason Turo
  • Investor
  • Norman, OK
Replied

@Lucas Mills We're in the same boat, as most work-a-holics are. What's the worst thing that will happen if you get your license for all the reasons you described above? You spent a little money, learned a few things, tested the water, and got access to MLS? Doesn't sound too terrible to me.

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