I have my RE license. Should I use it?

[Ross Bernard]

I hold an inactive license in NC. I am interested in doing about 1-2 transactions per year, buying or selling my own investment properties. I'd like to use my license for MLS access, to be able to set up showings myself, and to save the commission for myself. Is it even worth it to hang my license for this low number of annual transactions?

[Troy Luster]

The answer is it depends.  Are you just an agent?  How much does it cost to have an active license where you are?  Here it can cost a couple thousand per year.  The next thing to consider is what kind of brokerage will you join?  Will that brokerage allow you to keep 100%, 50% or somewhere in between?  Brokerages often want you to make a certain amount at the 50/50 or whatever they offer before you can keep 100% on personal property.