Pros & Cons to Getting a Real Estate/Broker License

[David Carroll]

I was talking about the possibility of getting a real estate/broker license and was bouncing it off of a few folks. I knew this would be a great question for the forum.  I can see both pros and cons, so what have you found? Knowing what you know now what would you have done differently, if anything? 

[Michael Noto]

@David Carroll There are virtually no downsides to getting your license for the reasons that @Will Barnard mentioned. There are some very good points in his post.

The downside that is often brought up is that it costs money to hold your license. To be honest, if you can't afford fronting a couple grand to get your license and then maintain it over the years that is another problem altogether. You should probably pick a different business. Go for it and get your license, even if it just gets you the MLS access you need to land 1-2 deals a year isn't that worth it?