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Updated about 10 years ago on . Most recent reply
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Cons of having a realtor license?
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.
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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.