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Updated about 9 years ago on . Most recent reply

User Stats

20
Posts
1
Votes
Solomon F.
  • Investor
  • Lakewood, NJ
1
Votes |
20
Posts

becoming a real estate agent

Solomon F.
  • Investor
  • Lakewood, NJ
Posted

I am a real estate investor (starting out) and I am considering very seriously getting a real estate agents license to benefit from full mls access and to save myself from paying the buyers agent commission on deals I find myself. Can anyone advise me if being a licensed real estate agent can limit me in any way from purchasing certain deals or frustrate me in any other way? 

Most Popular Reply

User Stats

30
Posts
24
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Joe DiGirolamo
  • Margate City, NJ
24
Votes |
30
Posts
Joe DiGirolamo
  • Margate City, NJ
Replied

Many beginning investors ask this question. I think if you are getting involved in REI, you should have a license. It gives you MLS access which is essential to finding value. It also gives you access to properties, without needing to call and wait for a realtor. People will tell you that you don't have to be licensed to be successful. They are correct, you don't have to be. There are many more positives than negatives though. To answer your question about limiting you. The only thing you have to do is always disclose you are licensed realtor in all your transactions.

Good luck in RE school!!

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