Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

49
Posts
5
Votes
Oraude Boston
  • Investor
  • Brooklyn, NY
5
Votes |
49
Posts

Real Estate License While Being A Wholesaler.

Oraude Boston
  • Investor
  • Brooklyn, NY
Posted
Hey Wats Up Guys... I've Been Thinking About Getting My Real Estate License While Operating My Wholesale Business. My Idea is to get my License so I Work On Rentals To gain more Income still while operating My Wholesale Business. I Already Have A set Budget to Operate With in order to pull in my first deal hopefully within the next 6months. I'm also Employed Full-time But with Some Readjustment to my work Schedule I can Work as a Real Estate Agent. My Question is This A Smart Move or I Should Focus on My Wholesale Business First? I would Really rather Work with a Broker that also Understand the Investing Side of Real estate & Me Doing Wholesale. I Need Advice. Thanks

Most Popular Reply

User Stats

150
Posts
73
Votes
David Hays
  • Investor
  • Malaga, Andalucía
73
Votes |
150
Posts
David Hays
  • Investor
  • Malaga, Andalucía
Replied

I was interested to open this thread, as I´ve really been puzzled as to why there seems to be such a debate between becoming a licensed agent and operating as a wholesaler. I find your drive admirable, and I´m sure that you will reach your goals, but can I ask: why have you found it more interesting to focus on wholesaling, rather than acting an as a licensed agent (correct me if I´ve come to the wrong conclusion)? To me, it seems as though you have much more credibility, visibility, and exposure as a licensed agent, whereas as a wholesaler you really have to jump through hoops at times. I understand that there can be more profit in wholesaling (sometimes), but I would think that the volume your increased exposure as an agent brings could make up the difference.

On a somewhat unrelated note: why is almost every other word in your posts capitalized? I understand that this is a public forum and not necessarily typical professional communication, but if a wholesaler wrote me in that format, my immediate reaction would be to strongly doubt his professionalism. 

Loading replies...