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Updated almost 4 years ago on . Most recent reply

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5
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Natalia Perlova
5
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3
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Should I get real estate license to buy investment properties?

Natalia Perlova
Posted

Hi folks, i just signed up and really excited to join the community! Would love to get your thoughts whether it's worth it to get a real estate license and represent yourself when buying properties? The idea is to save on commission of course, and also get access to the MLS first hand. Any advice?

Most Popular Reply

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40
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Ashton Karp
  • Real Estate Agent
  • Bonney Lake, WA
27
Votes |
40
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Ashton Karp
  • Real Estate Agent
  • Bonney Lake, WA
Replied

Getting your license is inexpensive and gives you the opportunity to educate yourself on state and national legal structuring around real estate to give you the framework to build off of and is worth it, in my opinion, just for that. For using a license to save on commissions it does mean you will need to spend the time and money marketing the property and negotiating on your own behalf instead of leveraging a broker's time, efforts, network and skill to do it for you. I think it's relative to your specific goals and access to time and money if you should use your license to organize your own transactions.

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