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Updated over 8 years ago, 03/17/2016
Investor -- Getting Licensed As An Agent.
Hi everyone,
I often hear about investors getting licensed as an agent for several reason - access to MLS, saving on buying/selling expenses, etc. I'm interested in getting a license to have access to their resources in order to find deals and get an inner insight on the current market. However, I have enrolled in the 60-hour course to obtain a license in my state, VA, and found out that to be licensed you MUST work for a brokerage firm for a minimum of 3 years, otherwise you're given an inactive license (which is like not having one) I'm not interested in wasting 3 years working as an agent before I can get a broker's license to work on my own. So how do some of these investors with licenses do it? Is it just my state that requires you to work as an agent to keep an active license?
I don't plan or want to be an agent. I plan on always using an agent to buy/sell all my properties.
All advice, comments or thoughts are welcomed.
I thank you all in advance!