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Updated almost 6 years ago,

User Stats

81
Posts
21
Votes
Greg Schuricht
  • Accountant
  • Minneapolis, MN
21
Votes |
81
Posts

New investor - should I become an agent?

Greg Schuricht
  • Accountant
  • Minneapolis, MN
Posted

I'm sure this has been asked a million times here, but everyone's story is different, so here's mine.  

I'm currently unemployed and a stay-at-home dad. I've taken to real estate during this time and want to make it my second career. I'm mostly interested in the investing side and want to buy rental properties. I keep getting pulled in the direction of getting an agents license to learn the biz and get MLS access. But I really am not interested in the traditional agent role of helping others buy and sell houses. I just want to learn the business to help me be a better investor. I'm vaguely familiar with the costs associated with maintaining a license, and don't think it would be a problem. I wouldn't rule out the possibility of representing others, but currently I don't have the time to dedicate to a client. Currently every minute I can dedicate to learning about RE is reserved for investing, and the thought of switching gears to getting a license feels like a waste of time until I can mentally commit to the idea.

That said, would it be worth it to get my license?  What's a good brokerage to work with for someone in my position?  I don't care about commission splits, just want the best access to training.

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