There are a lot of pitfalls to having your license, not the least of which is falling into the real estate agent's mindset, and getting confused about what it is you really do. I don't actually want to know, or think about what real estate "professionals" want to know. I'm an entrepreneur. I'm in arbitrage. i have CASH BUYERS who CLOSE.
I focus on numbers, not "curb appeal".
I don't do open houses or bake cookies. I'm motivated by PROFIT, not commission.
If it makes a person uncomfortable that I don't have my commissioned real estate sales agent's license, and they have months to wait around for a realtor to list and sell their $200K house at a massive discount for $194K, fine. Do it.
If, however, you are truly a seller in distress, and you don't have months to wait around for a realtor to do what I can do in days or weeks- you will be very HAPPY to meet me, and you will JUMP at the chance to sell me your house IMMEDIATELY.
In my opinion, licensing presents a whole different set of incentives which can serve to distract you, and confuse your sellers.