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Updated over 12 years ago on . Most recent reply
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Getting RE license while working with agent
I finally decided to get my RE license, and just signed up for a classroom class this month. It will take a while to get my license, as the class itself is one month long - I am doing it week nights and weekends, since I have a full time job. Plus the preparation and taking the exam, applying for the license, and finding a broker to hang the license, I can see it will be a few months away before I actually have MLS access.
Now I also just FINALLY found a investor friendly real estate agent, who seems to know what he is doing, and we are going to start working on some offers. He seems to have a lot of knowledge on real estate investing, and has flipped quite some houses himself. He is very adamant about covering both end of the deals, which I understand since they don't make a lot of money on the buy.
My question, at what point, I should disclose the fact that I am getting the license myself? I do intend to let the agent get both end of every deals we started together, even if I already had the license by the time I need to sell. For those of you who eventually got the license yourselves and no longer work with the agent you started with, do you still have a good relationship with the agent, and how easy it was to break the news to them?
I might be just over thinking about this.