I'm not yet a licensee but I will be soon and just want to make sure that being one won't be a hindrance to my investing activity.

Yes, governments use the licensing issues as a revenue source and there is a cost to the administration of licensees, but it's not all about the money.Without giving consideration to the purpose of requiring a license you may miss the intent of law makers in making licensing requirements.

I better mention that in Nevada it is required by law for a licensee.

Given one week to study, I'll bet that 90% of the non-licensee investors on BP couldn't pass a real estate exam, yet they want to think they are on track to make a million in a couple years or so.

In order to conduct the business of real estate, a licensee must be under a broker.

Right now, I am working on my last required course (Real Estate Finance) to take the Texas Real Estate Licensee exam.

@Danny Pena, I'm also a real estate licensee and investor in Central Florida.

The licensure is much harder, and much more expensive that a supervised lending license, and the rules under which a licensee operates draconian to say the least.

The guidelines provide a safe harbor such that voluntary compliance will not subject licensees to DRE challenge.

Pay attention to (21) (b) and (d) i & ii.(21) (a) engaging in an act of loan modification assistance that requires licensure as a mortgage officer under Chapter 2c, Utah Residential Mortgage Practices and Licensing Act, without being licensed under that chapter;(b) engaging in an act of foreclosure rescue without entering into a written agreement specifying what one or more acts of foreclosure rescue will be completed;(c) inducing a person who is at risk of foreclosure to hire the licensee to engage in an act of foreclosure rescue by:(i) suggesting to the person that the licensee has a special relationship with the person's lender or loan servicer; or(ii) falsely representing or advertising that the licensee is acting on behalf of:(A) a government agency;(B) the person's lender or loan servicer; or(C) a nonprofit or charitable institution; or(d) recommending or participating in a foreclosure rescue that requires a person to:(i) transfer title to real estate to the licensee or to a third-party with whom the licensee has a business relationship or financial interest;(ii) make a mortgage payment to a person other than the person's loan servicer; or(iii) refrain from contacting the person's:(A) lender;(B) loan servicer;(C) attorney;(D) credit counselor; or(E) housing counselor.