Is it necessary to have your real estate license to invest?

[Account Closed]

I am 17 and looking to invest,is a real estate license necessary? I know I’ll probably end up getting help from a local real estate agent for at least my first property. If it is necessary, what are the benefits to having it as a investor vs not having it?

Thanks for everyone’s answers!

Aaron Amarant

[Anthony Gayden]

@Aaron Amarant

No it isn’t necessary, however after investing for 6 years I decided to get my Nebraska real estate salesperson license. Here are my reasons.

1. To learn as much as possible about real estate so I could build a competitive advantage

2. To be able to see deals ASAP when they are listed and be able to put in a lot of offers

3. To earn extra income in real estate sales

4. To learn better property management for my rentals and possibly start my own property management company

5. To keep me focused on real estate even in the long periods of time between purchases

6. To create a new retirement career/skill (I am eligible in 10 years) for when I leave law enforcement