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Updated about 5 years ago,

User Stats

35
Posts
11
Votes
Nicolas Ake
  • Real Estate Agent
  • Akron
11
Votes |
35
Posts

Pros and cons of getting real estate license

Nicolas Ake
  • Real Estate Agent
  • Akron
Posted

Hello,

I am currently working about 65 hours a week and feeling a bit burnt out.  On top of that I still haven't done my first deal and being the only household income, not saving enough to build up reserves and holding costs to make the first deal a smart move. 

I was considering becoming a real estate agent. I believe if I hustled as much as I do at my current job, I could earn more and start investing sooner. 

As far as I know the cons are-

- wholesaling is not so much an option due to not being ethical/ best interest of client? ( or are agents the only ones who can technically legally wholesale? Seems to be a grey zone.)

- having to disclose you're an agent?

-maybe losing the benefit of having an agent as another set of eyes/ experience?

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