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Updated over 5 years ago on . Most recent reply
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Becoming a real estate agent in Michigan as an investor
I am interested in becoming a real estate agent for the benefits it will provide as a real estate investor.
My understanding of the process to becoming a real estate agent in Michigan involves the following:
- taking 40 hours of prelicensure classes
- passing the licesure exam
- getting "hired" or sponsored by a brokerage
That past part- being sponsored by a brokerage- seems like the biggest barrier. It appears that you can start your own brokerage, but only after 3 years of experience as an agent. My goal will be to buy and sell properties for myself, not necessarily for other clients, and so my goals will probably not be in alignment with most brokerages. Are there brokerages in Michigan that are dedicated to real estate investors who have the same goals that I do, or is there some other opportunity I'm missing?
Thanks!