Real Estate License

[Jamie Dzierwa]

Hello,

I am looking into getting my real estate license, but I heard through the grapevine that all realtors are required to become brokers now, that you just can't get your real estate license to be just a realtor? Does that make sense and does anyone know if this is true? Thanks alot.

[J Scott]

Originally posted by Realtyman:

My suggestion would be to skip the license part and get some in-depth schooling on real estate investing. Realtors are not doing so well right now so another newbie in the field would not really help matters any unless you have a sphere of influence of 5000 close friends to use as buyers and sellers to do business with you.

Just as another perspective, my business earned/saved over $40K in additional profit last year because one of our employees (my wife) has her real estate license.

In addition to the extra profit, we also had much more control over every aspect of our deals...

While maybe not for everyone, to make a blanket statement that people shouldn't get their license seems a little one-sided...