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.
Buying & Selling Real Estate
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 about 2 years ago on . Most recent reply

User Stats

4
Posts
11
Votes

Is It Worth It For Me To Get A RE License?

Posted

Hey Everyone,

I've been thinking of getting my real estate license mainly just for fun. I have a full time corporate job and LOVE learning about RE. I dont think i would ever commit full time to being an agent but I would like to have the license for the added knowledge and then be able to represent myself when it comes time to buying some properties. When I have brought this up to other agents they always discourage it because I think they don't want to lose out on my potential commission. I get that it probably isn't worth it to get the license if you are just trying to save the 3% in fees but I feel like if I'm willing to put in time on my own to learn more about RE and already be studying it as a hobbie, I might as well make it official and get the license. And if I get to save some money in fees in the meantime, great! 

When It comes to the fees, would a buyer representing themself really get to save a full 3%? Or are there other fees that you would need to end up paying anyways?

Most Popular Reply

User Stats

9,861
Posts
5,552
Votes
Eliott Elias
  • Investor
  • Austin, TX
5,552
Votes |
9,861
Posts
Eliott Elias
  • Investor
  • Austin, TX
Replied

I was working a W2 and had my license, can walk properties whenever I wanted, run comps, represent others and make offers while pretending to do work at my W2. I ended up quitting my job and committing, bes thing I ever did. I make 3% back on every purchase i make 

Loading replies...