Getting RE license at what point

[Michael Plante]

LookIng for opinions

Have had my license in NY, FL and NC 

All expired many years ago

Only from the point of view of purchasing property and getting a share of the selling agent commission 

Selling I have no problem doing that with no agent so it would only be saving us money on purchases

Figure 7% average commission split between listing and selling agent.  

Also give a set amount or percentage to broker you keep your license with.   At what dollar amount of purchases per year would it be worth it to get for you to get a license?

[Joe Abbascia]

As a real estate investor, I would recommend renewing your license now, I have been an investor for 12 years and have had my license for 10 of them...it benefits you not just in dollars and cents, but being able to pull your own comps quickly, seeing whats on the market  for yourself, maybe something comes along that is a property you would consider buying? I couldn't operate my business as efficiently as I do without it...also, as an agent, if you get a lead of a property that is in pretty good selling condition and not a cash deal, you can refer it to a fellow agent for 25-30% referral fee, I do it all the time...Recycle those leads!