To Be OR NOT To Be a Licensed Agent

[Natasha M.]

Hi Everyone,

I'm getting mixed messages on whether to become a licensed agent as an investor. Some agents tell me that there are already too many realtors & investors. Also, It's not worth getting your license because more doors are slammed in your face by homeowners.

On the other hand, some realtors are saying that as a licensed agent you can better service homeowners and you have direct access to the MLS. One broker told me that he became licensed to become a better investor.

So, now I'm confused. I'm a 4.0 student with a BS in electrical engineering so I don't fear the classes or taking the test. I'm curious if it's worth the time and money to invest because I am not clear on the benefits.

is there anyone out there who is both licensed and an investor that will please share their experience and opinion? Also, if you were an investor first then you decided to become licensed what was your biggest reward?

Thanks

[Michael Noto]

As long as you can swing the yearly costs associated with becoming an agent I am not sure how there could be a downside.

You will have access to any and all properties for the most part through your local MLS, no more waiting for realtors to let you in according to their schedule.

You will learn different aspects of the real estate transaction that you may not be familiar with and will gain an overall better sense of the industry and can use your license as a way to get your foot in the door networking wise.

I am not seeing a downside....