Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on .

User Stats

31
Posts
2
Votes
Devin Wilkinson
  • Specialist
  • Johnson City, TN
2
Votes |
31
Posts

Should I get my realtor license?

Devin Wilkinson
  • Specialist
  • Johnson City, TN
Posted

My question is whether it would be smart for me to get my realtor license at this time. 

A little background on myself: I am almost 20 years old and go to the University of Tennessee in Knoxville, TN. I am currently building a real estate company with a partner where we wholesale and we are in the process of buying our first property. My goal is to begin flipping houses as well as build a multi-family rental portfolio. 

Recently I have been thinking that I would like to eventually start a brokerage to add to my real estate business, at the very least it would be nice to market flips under my own brokerage. I know that you must have your realtor license (in Tennessee) for at least two years before you can try to get your broker license. Here are some of my concerns/questions:

1. I do not want to show houses daily under a broker as a real estate agent. So one of my questions is for the two years you hold your license as a realtor do you have to actively be practicing under a broker for those two years before you are eligible for your brokers license or is it just holding that license for two years that matters? 

2. One reason I am interested in getting my license is it will give me another option to help a homeowner if the wholesaling route isn't best for them. Would there be issues wholesaling with my realtor license or anything related? 

3. After I graduate college in 2022 it is likely that I will move to Florida or Texas. If I did, would I have to start over in terms of getting my brokers license or does your experience transfer state to state and you just need to pass the state specific exams?

I would appreciate any help, thanks!