Getting RE License Question

[Matthew Hertz]

After I complete the course and successfully pass the test and acquire a RE license can I work for myself? I would be getting the license in Oregon. Basically I want to get a RE license for the SOLE purpose of representing myself in the investment properties I am buying and selling. I have ZERO interest in becoming a RE agent , and or representing anyone but myself. I am tired of paying hefty percentages to agents, and relying on someone else to help create my real estate wealth. Therefor getting a RE license seems like a wise idea. Yes, yes I do know I can technically buy and sell without a license, but without tools such as access to then MLS, CMA's, auction websites, access inside properties ect. it makes it very difficult, and if you add in all the legal work such as contracts it becomes extremely difficult without the representation of an agent or attorney. My question is legally do I have to work for a agency for 2 years to represent myself? Also, are all of the tools/resources only available through agencies anyway? Any advice is greatly appreciated, thanks.

[Randy Johnston]

Hi Matthew,

In Oregon, you need to be associated with a principle broker for at least 3 years before you can take the test to become a principle broker yourself. Until that time, you cannot work for yourself and still retain your active status with the Oregon Real Estate Agency. Here's a link to their website.

http://www.oregon.gov/rea/pages/index.aspx