Does a RE Agent License add value for a RE Investor ?

[Pras Palanichamy]

Hello All

I am starting out in REI. I am thinking if a RE Agent license is necessary to become a successful REI or it just does not add any value at all. I want to be a buy & hold rental property investor in the long term.

Have the following questions. Request help / guidance.

1. Does a Real Estate agent license help in closing deals / networking ? One of the points I hear in BP podcasts is that you need understand the problems of the seller & customize offers that solve that problem - e.g. multiple options - low cash offer , higher seller financing offer etc.,

As just an investor I don't have direct access to the seller to understand seller's problems. I need to route through my RE agent , then to seller agent & seller. Will having a RE license help in creating a direct access to seller ?

What would be your recommendation to overcome this problem ?

2. I also heard in a BP podcast that the REI guest had submitted upto 40 offers a week. Is it possible to submit that many offers without a RE agent license ? I live in California. Isn't a RE agent license mandatory to submit an offer in CA ?