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Updated over 12 years ago,
Question about getting a real estate license to do flipping, etc.
I was thinking about getting my RE license just so that I could obtain MLS access and have an advantage over other buyers, but there were a few things I was wondering about:
1) Is there a long lag time from the time you pass the test to when you actually receive your license (and are able to purchase an MLS subscription)?
2) I know that when you work under a broker you need to pay the broker a yearly(?) fee. But do they also expect you to do other things such as desk duty at the office, etc.? Is it a good idea to tell them you are only doing this for MLS access, or will that make them not want to deal with you?
3) I suppose it varies by state, but what are some of the disclosures that you are required to make (as an agent) when you sell a flip?
Thanks.