Updated about 8 years ago on . Most recent reply
Real Estate License
So as an investor the license I would be seeking would be the salesperson license, correct?
Most Popular Reply
Terry H. Hey buddy,
Its not a must but it helps. I currently have it and I'm an agent full time.
However, don't make the same mistake I made: I THOUGHT YOU HAD TO HAVE A LICENSE TO BE AN INVESTOR! Wroooong!
You can be an investor without ever getting your license.
However I think everyone should get. Its a lot of money up front, like $1,500 for classes, license, MLS, Associations, desk fee, etc.
You have to disclose that you are an agent anytime you have equity in a deal. So when i wholesale a property, then I have to tell them that I am an agent but it works out for me because once the house is repaired and fixed. The the investor comes back to me to list the property. Boom! lol