Have any investors thought of/gotten a realtor license??

[Arissa Dahl]

Hi everyone! 

I'm focused on multi-family complexes and I will be doing 1031s every 3-5 years. 

Can anyone tell me how much it is to keep a realtor license active annually in Washington state? 

I would primarily like to get it for my personal investment use; but id also love to help like-minded investors purchase properties part-time. 

Would it be worth me obtaining a license? 

Any feedback would be appreciated! 

Thanks

[John Warren]

@Arissa Dahl I can tell you that, at least in the Chicago area where I work, most larger complexes do not go through the MLS. I am a realtor, and my license has definitely helped me, but I have only been able to buy one larger property off the MLS.

As to the cost to keep your license, I will let some folks in your state chime in. Here in Illinois the cost is not prohibitive, especially as I use my license regularly.