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Updated about 10 years ago on . Most recent reply
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Getting license online?
Hey guys I am looking for some advice here. I am looking to get more involved in REI and want to be able to work in the field in between work. I have been thinking about it for some time and think I am going to just do it. I am young and a quick learner so I should get started. From looking online seems like a lot of people use realestateexpress.com any reviews one way or the other? Aside from purchasing their course I am curious what the actual costs of getting the license are. Will I have to join a brokerage? What annual fees am I looking at here? I work full time m-f and my wife works f-m. I have weekends to myself and I think that I could knock it out in around 3-4 weeks.
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- Flipper/Rehabber
- Arlington, TX
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I bet 80% of the top investors we work with across the U.S. are either licensed RE agents or brokers, or their spouse is licensed. It just makes sense. In an average market, only about 1 in 20 deals is a "cash offer" opportunity. But 4 to 6 leads in 20 will be listing opportunities. And, if you rehab & flip, you win on the selling side as well.
You don't have to be licensed to be an investor, but you are more likely to be successful (i.e., $$$!) if you are.