Does flipper need to be real estate agent as well?

[Ashley Zhang]

Hi everyone, I am a new investor in co. I am looking for my 1st invest  property currently. While doing my research, I found oftentimes, a flipper always either a real estate agent themselves, or married to one, or at least is very close to one. I am a CPA myself and my hubby is a contractor, so I am thinking is that necessary for me to be a licenced agent ? Thanks for any opion!

[Michael Zau]

I will add that I have a license. It serves me no purpose as an investor, OTHER than having access to the confidential remarks on the local MLS. How it holds me back, is that when you hold a license, you are, or at least from a moral compass, should be held to a higher standard and follow the ethics of a real estate licensee. Do you tell the sellers that they can and should sell for more than your purchase price. Ethics says that you have a responsibility to do so. I consider the small amount of comissions saved nothing; compared to the work involved that a realtor does for me. I have hired other realtors so that I can search, negotiate and find other deals. You live in a lower dollar amount area, so I consider that a small amount, where I live in San Diego, the commssions saved are significantly higher, but I still hire realtors at full price . Over time you will find that the opportunity cost of time will outweigh your desire to be a realtor licensee.