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Updated about 10 years ago,
What would you do with a CA broker's license?
I recently passed my CA broker exam without ever having been an agent. (I applied for the exam before they changed the rules that require you to have agent experience). I worked for an investor/broker as a broker's assistant for a few years so I am aware that I can now get my own MLS access and Supra Key without having to work under someone else.
I'd also like to explore all possible other options that I can do with the license.
- 1. My previous boss just used his license to sell his own flips. He didn't buy or sell houses on anyone's behalf. I could do the same, just use the license for my own investment deals
- 2. I could work for a brokerage and buy/sell homes for others and earn commissions
- 3. I'm interested in commercial RE but know nothing very little - perhaps I could go into that field.
For items #2 and #3, does everyone just start at the bottom and work their way up, or are there ways for someone with outside business experience to come in sort of mid-career?
For what you do, would having a broker's license make your life easier? If so, how? What would you do differently if you had a license?