All Forum Posts by: Ashley Zhang

The reason many are agents or related to one is to save the commissions when purchasing and selling. It can add up to quite a lot of savings, especially if you find a broker who charges a small flat fee and lets you keep the rest. If you can find an agent who will work with you, perhaps reduce commission on selling the home if you buy it through them, or if you don't plan on doing many per year, it's likely not worth it to get your license and pay all the costs involved.

Lynn, you have a good point! I prob can only do one property at the first. I do have a dear friend can help me on buying and selling, and she also will give a sweet discount. so I might thinking about getting a license only when I can invest in multiple properties. thanks a lot!

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Originally posted by @Angie Williams:

No need to have a RE license to invest. The only upside would be the experience gained from working as an agent prior to investing. Now this is assuming one knows nothing about the RE business or RE in general. But, you have a contractor by your side you should be fine, learn as you go. Read, lots of research, network, due diligence and lastly google and YouTube become more your best friends when first investing.

Good luck and lots of good fortune :)

thanks Angie!I agree with you that I can learn as I go. even if I have a license, but I don't have any experience which won;t help me either. Google and youtube became my best friends in these days! thank you again for the comments! wish you a good luck too :)

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thanks Martin! your example explained very well! I agree to keep the license active may cost me more. On top of that, I need the experience requirement which is hard to get.

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thanks Amanda! I do have friend in the industry can help me tho. And you are right, I need to develop the network as well!

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Hi everyone, I am a new investor in co. I am looking for my 1st invest property currently. While doing my research, I found oftentimes, a flipper always either a real estate agent themselves, or married to one, or at least is very close to one. I am a CPA myself and my hubby is a contractor, so I am thinking is that necessary for me to be a licenced agent ? Thanks for any opion!

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All Forum Posts by: Ashley Zhang

Ashley Zhang has started 2 posts and replied 6 times.

Post: Does flipper need to be real estate agent as well?

Post: Does flipper need to be real estate agent as well?

Post: Does flipper need to be real estate agent as well?

Post: Does flipper need to be real estate agent as well?

Post: Does flipper need to be real estate agent as well?

Post: Does flipper need to be real estate agent as well?