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 over 6 years ago on . Most recent reply

User Stats

19
Posts
2
Votes
Meredith Witzel
  • Dallas, GA
2
Votes |
19
Posts

Getting my RE license?

Meredith Witzel
  • Dallas, GA
Posted

Hi everyone!

I'm considering getting my RE license.  I'm sure there are opinions on both sides.  What are your reasons for thinking it's a good idea or a bad idea?

Thanks in advance!

Most Popular Reply

User Stats

1,460
Posts
1,594
Votes
Cassi Justiz
  • Rental Property Investor
  • Edmond, OK
1,594
Votes |
1,460
Posts
Cassi Justiz
  • Rental Property Investor
  • Edmond, OK
Replied

I agree with @Aaron K.. I just got my license, but I am looking to be full time in RE. I plan to scale up on buy and holds quickly and work as a buying agent for other investors. So to me it made a lot of sense.  

Not sure about your state requirements, but in Oklahoma it averages around $3,000 for first time agents to get started. Then there are annual dues and fees to keep your license active. You may also have to split a lot of your commission with a broker, depending on the structure of the agencies near you. 

I think having your license makes looking at and offering on properties a lot easier because you can do it on your own time. But you just need to figure out if it will be a worthwhile return on your investment or if it just makes more sense to get a really good agent that knows investments. 

Loading replies...