Taking the RE Agent course, but not becoming licensed?

[Bienes Raices]

I just read through all the threads on the pros and cons of getting licensed for an investor.

Someone recommended doing the coursework for the learning experience, but not actually getting licensed (due to the annual fees, disclosure, etc.). Has anyone done this and has it provided any tangible benefits? Is there a way to do it cheaply online?

[Michael Quarles]

As a Broker in California and Investor with a ton of deals done I cannot see the advantage of taking the courses if youre not going to take the test and obtain the license.

Frankly the information on the exam is worthless in the big picture of real estate investing. The MLS access may have its advantge however as mentioned youll have to have a license or you could be registered as an clerical user under someones license.