Is it a good idea to get Real Estate License

[Nicholas Hamblen]

Hi All,

I live in Michigan and I was wondering if there is any benefit in getting a real estate license as an investor? Also, do I have to work full time at an agency to get and maintain a license?

Thanks,

Nick

[Joe Aiola]

@Nicholas Hamblen I agree with @Michael Noto - getting your license should be viewed as an investment that you're confident you can get a good return on. If you're going to hound the MLS for deals and use it to learn the market inside out, then get it. If you're buying / selling multiple properties a year and want to save on commission then get it. But if the goal is to just buy a standard rental once or twice a year, then it probably makes sense to just use an agent instead. Getting your license requires time & money, so just view it as an investment!

Hope this helps & best of luck!