Should you get a real estate license?
The question might not pop into your head immediately. You may have been thinking about property investment for a while, or maybe even actually doing deals, when the idea strikes that getting a real estate license could actually help the cause.
Well, would it?
Before deciding, let's analyze the process of finding real estate deals. Yes, you can look for them yourself using your own resources, but most serious property investors eventually realize that they need a real estate agent working for them to access the entire database of the Multiple Listing Service (MLS). Only a licensed agent can see everything that's out there. Consider this: Even if you have a great working relationship with an agent, to you think they still might keep the best deals for themselves?
Makes sense to us. One way around this is to get your own real estate license. It's not that hard. You can complete the course of study part-time and on weekends. Pass the exam and, whammo, you can log into the MLS and browse to your heart's content. Besides the obvious perks of having access to ALL the information about a property, you have the advantage of being considered a serious player in the industry. It costs about $1,000 to become licensed, a price which you should be able to make back quickly.
At Platinum Properties Investor Network, we're not saying you absolutely should become a real estate agent to further your investment portfolio - but it might not hurt.
The Creating Wealth Team