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Updated about 10 years ago on . Most recent reply
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Passed Real Estate Exam in MD!!!!
Just wanted to thank the BP community for convincing me to get my real estate license. The past few weeks of studying were quite difficult, but today I overcame all those obstacles to pass my Maryland salesperson exam. Now I need to find a broker to hang my license with, any recommendations? Special thanks to @J Scott @Mark Ferguson whose posts I read and were pivotal in convincing me that in order to be a genuine real estate investor, you need a license. Maybe it wasn't that drastic but that's what propelled me forward. Since I couldn't convince my wife to take the test here I am!!!
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now that you got the easy part out of the way ( getting the license) and if you have no formal sales training. Go with the company that gives you the most sales training and motivation.. KW is know for that... Maybe join a Team at KW so you assimilate quicker.
and Remember a top agent will make pretty nice money while your doing your investing. Its like getting paid to invest.. not sure where your price points are in your market vis a vi how much the average sale is so you can figure out how many sales you need a year to say knock down 100k or better.... And if you really excel at it and like it you will make far more money than most that are just trying to buy and hold and or wholesale.. with the same effort.. The other main benefit of being an agent.. Is you are creating relationships with our clients. I sold RE from 18 to 32 YO 35 years later I still am in contact and do business with some of my clients I sold property to that many years. ago.. they can become your investors when your doing your deals.. Remember when your buying distressed properties from folks they are one and done.. they are losing a property etc etc.
Your good buyers and your sellers that are not distressed you create long term reltionships with and you never know when one says hey I got 500k just sitting here what should I do with it. :) It happened to me more than once
- Jay Hinrichs
- Podcast Guest on Show #222
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