Do you need a real estate agent/broker license to be a real estate investor?
nyc_eem asked:
I want to personally invest in foreclosure / or short sales. I do not have any licenses. Do you need a real estate agent/broker license to be a real estate investor (foreclosures)? And if you are a broker or agent, what are the benefits when you are doing a private deal?
Related posts:
- what is the difference between a real estate agent and real estate broker? vee asked: im interested in getting my real estate license....
- What is the difference between a real estate broker and real estate agent? gregdaman925 asked: I was wondering what the difference was between...
- Where can I find a good, aggressive real estate agent who specializes with investors? Fergy asked: I am a real estate investor and am...
- Why would a real estate agent not want to do business with a second party investor? wisc777 asked: I was told that if had a few...
- Is it beneficial to use a real estate agent when buying a home from a home builder? bjdmb asked: A real estate agent told me he could...
Filed Under Investing |
Tagged With Foreclosure, Foreclosures, Private Deal
Comments
3 Responses to “Do you need a real estate agent/broker license to be a real estate investor?”
Depends on the state laws. If you plan to invest in several properties, it would be wise to obtain a real estate license.
The license helps a little and hurts a little. When you make an offer, the seller will think that you have “insider” knowledge and he will think that he put the price too low.
But having the license allows you to easily track all the new listings as soon as they come on the market.
I think i would recommend against the license and just buy bank repo’s. You can find them yourself. They are all posted at the County Recorders Office..
[...] Do you need a real estate agent/broker license to be a real estate [...]