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Updated almost 6 years ago, 01/08/2019

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3
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2
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Pietrina Saav
2
Votes |
3
Posts

Is getting REL worth it?

Pietrina Saav
Posted

I'm new to the REI world and I'm consuming as much info as I can day by day..however I've always wondered if getting my license is necessary for investing. I keep reading mixed reviews..some say no waste of time and money - possible to grow as an investor without it and some say that it will help in the long run/perks of access to MLS etc etc.

Would you recommend it? Why or why not?

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5,985
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5,031
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John Warren
Pro Member
  • Real Estate Broker
  • 1658 N. Milwaukee Ave Ste B PMP 18969 Chicago, IL 60647
5,031
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5,985
Posts
John Warren
Pro Member
  • Real Estate Broker
  • 1658 N. Milwaukee Ave Ste B PMP 18969 Chicago, IL 60647
Replied

@Pietrina Saav my license has done almost nothing for me as an investor. I ended up using it to start a great business, so I have no regrets that I got it, but it never helped me find a deal that no one else could find. In this day in age, there are so many ways to get the data from the MLS for free that there is no reason to be an agent just to get it. I would only get the license if you are going to use it to make money.

  • John Warren