I have always had my license. Having your license in Kansas costs about 2,000 a year with franchise fees, MLS fees, lock box etc. I use my license to sell part time and usually make enough to cover the expense. Having your license brings additional issues to the table as once licensed you are deemed an educated professional. with that being said I like the speed of doing my own paperwork, utilizing the tools on MLS, and receiving commission on my purchases to off set closing costs. You have to study and test to keep your license, however this can be used to expand your knowledge of real estate and how it works on the agent level. Another nice thing is if I see a property I wish to look at I can schedule my appointment to show without having to call and wait on the agent to get back to you.
Hope this helps.
