I am thinking about getting my licence and working under Keller Williams.
I don’t want to be full time Realtor in the traditional sence. I want to be an REI.
Thoughts from anyone?
I am thinking about getting my licence and working under Keller Williams.
I don’t want to be full time Realtor in the traditional sence. I want to be an REI.
Thoughts from anyone?
Check with your state as far as what the limitation are BEFORE the need for a license. For example: In Michigan, we cannot transfer ownership rights to more than 5 properties, without using the services of a real estate broker.
An agent, here in MI, must use the services of a real estate broker for all matters, except for his/her primary residence.
There are other issues that are state specific. I would advise contacting a real estate attorney in your state and ask what the benefits/hardships are relating to the matter. All states are different.
Thanks
This subject has been covered once or twice before in this forum.
A search will reveal longer threads.
major advantages to being a licensed realtor are, you have access to the MLS and you can use your commission as downpayment on the homes.
But you must always disclose your a realtor which can scare some people away.
This subject has been covered once or twice before in this forum.A search will reveal longer threads.
I’d like to find information on the pros and cons of becoming a real estate agent as an investor. I’m not having much luck at all with the search functionality here. Does anyone have a good thread bookmarked on this topic?
Jim Robinson