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Updated almost 11 years ago, 02/26/2014
Need Guidance on Licensing and the Future
I'm interested in real estate investments and have seen mixed advice on whether to get a RE license. Questions I have after doing some basic reading:
(I am in Dallas, TX and would plan to get my license there)
- What are the costs associated with maintaining your license? I've seen courses to get the license so I have an idea of the initial cost, but maintenance is an unknown to me right now.
- Is it possible to practice while working full time (by possible I mean practical/have you made a sale while also working full time)? While I'm starting out I'd like to be able to carry the maintenance costs during the year by making a few sales; however, I do not plan to quit my current job to practice full time.
- How do you go about finding a broker? I had thought it would be simple to get MLS access with a license, but it seems after reading a few threads on BP that your broker will determine the MLS area you have access to.
- Any recommendations for license courses?
- Assuming I attain my RE license, what would you recommend as a next step for someone just starting out in terms of finding a broker to work with (ie, go for the biggest name like Keller Williams or find a smaller local company)?
Thanks in advance!