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Updated over 8 years ago,

User Stats

36
Posts
6
Votes
Damian LoBasso
  • Investor
  • North Bergen, NJ
6
Votes |
36
Posts

RE License...worth getting??

Damian LoBasso
  • Investor
  • North Bergen, NJ
Posted

I'm currently in the aggressive growth stage of building my portfolio and have extensive experience in real estate (as an investor and a commercial real estate investment banker). I'm wondering if getting my real estate license is even appropriate given the fact that I currently work 70+ hours a week at my full-time job, 15-30 hours a week on building my personal real estate portfolio and trying to nap whenever possible. It's easy to say things like, "you'll get access to the MLS" and "you'll be able to save on commissions", but it's my understanding that I would need to park my license with a registered broker, is that correct? I would also assume that entails having to work and subsequently pay-out part of my commissions to that broker in the event I do close on properties.

Any advice from individuals who have had the same thought would be great.....thanks everyone!

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