North Miami Beach, FL · Member since 2017 · 28 posts · 2 votes
I'm on the market for an investment property. When I talk to a realtor about my requirements, price range, size, year, etc. I often hear that's it will be very hard to find. Nevertheless, I see that properties in the areas I'm looking for being sold that fall within my criteria every single day. Moreover, a few properties got under contract before my realtor was able to reach out to the selling parties. With one realtor, it took 24 hours, with another 6 hours. The other issue, I don't feel like realtors nowadays doing a good job, or at least it's my experience. Twelve years ago, when I purchase my first property, the realtors would search the area and filter the listings that won't fit my expectations, by scrupulously going through each listing. And then they would give you their recommendations or/and suggestions. Today, they just sent you everything that falls within search criteria and expects you to go through each of them yourself.
Real Estate Investor · Salt Lake City, UT · Member since 2009 · 11 posts · 1 vote
6y
Not worth getting your license if you're just buying or selling a couple properties a year. There's a lot of time involved to keep your license active. Full time real estate agents have to do quite a bit of volume to make it pencil out. Understand that they receive a lot of calls from potential buyers who want to buy but would never qualify, and then they have clients who buy and sell homes every month. The agent spends their time on things that are a sure thing to make them money. You will have to sell yourself to the best agents, get prequalified if you haven't, show them proof of funds, just generally make them comfortable that they will get paid some day.
Property Manager · Janesville, WI · Member since 2017 · 707 posts · 297 votes
6y
Access to the MLS is not enough to justify getting your license. Get your license if you intend to pursue selling real estate OR you plan on selling enough of your own properties where you save enough on the commissions to justify the course and fees. Otherwise, you are just working with the wrong agents.