Renewed my RE License

[Jamie Garcia]

Just renewed my RE License in CA. Getting ready to buy my 2nd investment property soon. Want to know if anyone else uses their License to buy as an investor. I didn't use my license for the 1st property. I don't want to be an agent. Just use my license as in investor to save on commission. Anyone have any thoughts?

[Robert Leonard]

@Jamie Garcia I use my license as an investor for a laundry list of what I see as advantages.  The commission savings is a small factor, but I like having the option to use it for negotiation where others can't or won't.  Can you imagine a scenario where, (with your broker's approval) you waive the buyer's agent commission as a part of your negotiation to buy a property?

More than any other advantage, I call my license my "key to the city!"  I have access on my schedule (for the most part) to any listed property!

With MLS access, I can analyze a property/location, again, on my schedule. If I search for comps and get odd results, I can immediately adjust my parameters to search from different perspectives without any delays or back and forth if somebody else did it for me.

I could go on, but there are lots of threads here that go over all of the advantages.  Congratulations and best of luck in 2015!