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Updated about 10 years ago on . Most recent reply

User Stats

61
Posts
15
Votes
Dylan Swanson
  • Residential Real Estate Agent
  • Minneapolis, MN
15
Votes |
61
Posts

Cons of having a realtor license?

Dylan Swanson
  • Residential Real Estate Agent
  • Minneapolis, MN
Posted

Hi all,

I'm considering getting my real estate agent license.  I think I'm aware of most of the pros, but I was wondering if I could get your feedback as to what might be the cons of being a realtor who also looks for off market deals (other than the upfront costs, continuing ed requirements, dues, and other costs).   

Thanks!

MODERATOR:  THE QUESTION IS ABOUT THE PROS AND CONS OF HAVING A LICENSE.  NOTHING ELSE.  FURTHER OFF TOPIC POSTS WILL BE REMOVED.

Most Popular Reply

User Stats

1,057
Posts
594
Votes
Kimberly H.
  • Residential Real Estate Broker
  • Chicago Suburbs, IL
594
Votes |
1,057
Posts
Kimberly H.
  • Residential Real Estate Broker
  • Chicago Suburbs, IL
Replied

I have mine.

Pros- Access to MLS and being able to see a property yourself without having to synch to someone else's schedule. Controlling exactly how your MLS listing appears.

Cons- Expense. MLS access is expensive, plus mandatory realtor board fees, continuing education time spent and fees...and the continuing education classes that are cheap are a total joke. You do have to disclose license status, although I've never had anyone that I've disclosed to care. But since you have your license you are held to a higher standard so make certain you know what your fair housing laws are.

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