Real Estate License for Investors

[Ann Katherine Hoh]

Hi BP! I am a new investor and got my MA real estate license as a way to learn more about the industry. I originally thought I would pursue being a Boston area real estate agent full-time, but have decided it is not for me. However, I would like to keep my license active and figure out a way to still have access to MLS. It is my understanding that I need to work under a broker in order to do this and I am wondering if it is even worth it. Does anyone know of agents who have figured out a way to get MLS access through a broker if they are only using it for their own investment work? I have heard about other investors having their license and access, but I do not understand how they are accomplishing this. Any help would be greatly appreciated. Thank you in advance!

[Katherine Robbins]

You don't need to be full time to hold your license with a Broker. I got my license a few years ago because I started flipping houses and only intended to use my license to find properties then re-sell them and keep the commission. It doesn't matter if you do zero deals or 100 a year, you can still hold you license any where. You'll need to hold it somewhere though, I don't think you can get away with having a license and not having a designated Broker. You would then just be a facilitator and I don't think you can still have access to the MLS that way..

I've been doing this investing thing as an agent for awhile now so feel free to message me if you have any questions!