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Updated about 4 years ago on . Most recent reply

User Stats

9
Posts
2
Votes
Chu L.
  • Real Estate Agent
  • Exton, PA
2
Votes |
9
Posts

Passed exam. To license or not to license?

Chu L.
  • Real Estate Agent
  • Exton, PA
Posted

Long term I want to be an investor, but i dont know anything and i need to start from somewhere. So with working from home, i had a little extra time and passed my real estate exam. (Applying license will be next step, score is valid for 3 years)

I am going to be a 1st time home buyer, I have access to $60k-$90K cash, 750+ credit score and stable income. I am ready to buy 1 or 2 properties. Price is crazy now so I am waiting and keeping eye on market. 

Should I get license, get some knowledge and save commissions on my own properties ? I learn that agent has to disclose they are an agent, but what are the downsides buying properties as a real estate agent/investor?  

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