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Updated almost 10 years ago on . Most recent reply
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Investor/Appraiser/Agent Advice Needed
Hello All,
I am having an over analysis with myself going on and I'd like others opinions. In a year or less if things go to plan, I'll hold a general appraisal license... but I am rethinking things.
I've never given the sales person's license much thought till recently and I am quite shocked at myself for how excited I am about it. I would love to create a sales team and just kill selling houses while I still aggressively invest. That's a whole different topic though of discussion. I know the pros/cons side of things, mainly want another perspective. I have a natural ability of a sales person as that has been what has made my last few deals go through. Having the appraising experience has earned me credibility with the lender, my sales/negotiation ability has propelled my deals.
I am so close to the general license that a part of me wants to finish even if I wanted to become a gardener. I have already given appraising so much time/energy. I only have a 2 courses left to take which I need anyways for CE. Also, I have positioned myself to earn into the 6 figures with appraising alone. However, I am really whole heartedly liking the idea of becoming an agent and start really investing more aggressively... and leave the appraising behind. It's difficult though as giving up appraising is giving up a 6 figure income. But I also believe I could make a far greater amount of money by becoming an agent, creating a killer team and investing the way I want to.
Plus, if I gave up the appraising license and just held the agents license while investing, that's a big relief of personal liability I'd be rid of as well. That's another topic for discussion though. Please help! ha! I have a few choices for brokers as I have been asked a time or two but haven't ever gave it thought till now! I have a few brokers that would be more than willing to sponsor me if I did decide to do this. I also have made many connections with people that would really help with marketing myself as an agent and actually be successful at it. I would be gear myself for being a listing agent, I would NOT repeat NOT be a buyers agent. No way you could ever get me into being strictly a buyer's agent. Now if I created a team, someone could do that ha! I know starting out take what you can get, but long term buyers agent isn't for me!
Any responses would be great!