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Updated over 9 years ago on . Most recent reply

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15
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2
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Nicholas Vitalo
  • Rental Property Investor
  • Prospect Park, PA
2
Votes |
15
Posts

Real estate license benefits in neighboring states

Nicholas Vitalo
  • Rental Property Investor
  • Prospect Park, PA
Posted

I live in an area in Delaware that is close to the Maryland border. In addition, my job has me traveling through DE-MD-PA-NJ-DC-VA. If I get my real estate license and hang it with a broker in DE, would I still get the same benefits if purchasing/selling a property in a surrounding state (MLS access, commission, etc.)?

Most Popular Reply

User Stats

87
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28
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Sonya Stovall
  • Residential Real Estate Agent
  • Bethesda, MD
28
Votes |
87
Posts
Sonya Stovall
  • Residential Real Estate Agent
  • Bethesda, MD
Replied

@Nicholas Vitalo the MLS access for the DMV (MRIS) covers DC/MD/VA/PA/DE/WV. I concentrate in the MD/DC areas. The listings in PA/DE/WV I think mainly cover those areas as you say that are close to the border of MD. You need to see if there is another Realtor Association in DE that uses another MLS (other than MRIS) that covers DE exclusively and may include more or different DE listings. The key is to find a broker that also has a license in all of the states you want to serve. I have worked with different brokers at the same time(due to different licenses) and it is not fun, it's more easier and less complicated to work with one office. If you get the access to the MLS, you will have the information for VA/DC, etc and even if you do not have the license, you can always do a referral to another agent. Additionally, clients want you to be knowledgable about the area, and there is some knowledge you just can't get form just doing a desk study of the market. So it is also hard to come across as "knowledgable" in all of those states/areas.

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