Investors Considering RE License

[Sabrina Sanchez]

I come across several investors that are considering getting their real estate license.

In my opinion, I find it beneficial for the following reasons:

1.  Control of your activity from scheduling your own showings to negotiations.
2. 24 hr access to MLS: If you want to check what's on MLS at midnight go for it! It's not just the access but it's also the amount of information that is available to you through MLS.
3.  Another source of income if you put in the work. 
4.  You can potentially experience real estate transactions from a variety of perspectives (Seller’s agent, buyer’s agent, buyer etc) allowing you to understand the whole transaction more intimately.
5.  You can potentially save some money in some cases by not needing/having to pay for an agent. 

What do you guys/gals think?

[Dutch Langley]

My husband has his license and I just passed all my tests, so I will be as well. We flip houses, so we are able to have access to MLS, do searches, comps, etc. With the first sales we paid for more than a few years worth of fees/classes, etc. by receiving the commission on the listing side. All of our properties will be listed on MLS unless we get a direct offer while it is being rehabbed and still off market, so doing the math on what we would have to pay out to another listing agent made it all make perfect sense. If I sell $2,000,000 in properties I flip this year that can end by being around $50,000 - $70,000 back in our pocket just on the listing side.