CREATIVE REAL ESTATE INVESTORS WHO ARE ALSO LICENSED REAL ESTATE AGENTS NEED HELP ASAP
i am concerned about how getting my real estate license will affect me with my creative real estate investing business i have heard it does affect but have not spoken directly with creative real estate investors who are also praticing real estate agents who are also successful real estate agents
what has been your experience as a licensed real estate agent who is also a creative real estate investor
what i am trying to establish how much will this affect me in closing deals if go out and get licensed as a real estate agent
will it affect me alot, very little what would u say are the percentages of deals being lost
ex: 10-20-50 percent of deals being lost as a result of being a licensed real estate agent has anyone tabulated these statistics please let me know before
once one is licensed as a real estate agent can one go back and cancel their license if one chooses to
CAN I ALSO MAKE AN APPT WITH YOU TO SPEAK TO U BY PHONE PLEASE PROVIDE PHONE # AND BEST TIME FOR ME TO CALL OR U CAN CALL ME AT 917-687-8995 3PM-11PM NYC TIME
1. I am a broker LIc in Florida
2. I am a very active R.E. Investor
I get more deals with a lic than I would with out.
Many think that having the license is a negative because the law requires that we must disclose that we are agents when dealing with the public, even with our own property. Generally this is not a problem for me.
Some say they do not like it because they must use FULL DISCLOSURE. I say everyone should fully disclose - so this is not really an issue.
It really depends on how you are going to do business - if you are afraid to let someone know you are an expert in your business - you may have a problem with it.
In my investing, I have found that people appreciate honesty and reward it. They also like dealing with a pro.
As for "hanging up" your lic. Sure - you can go "inactive" anythime you choose.
_________________
Gregg Fous
Investor/Developer
"If you wait for all your ducks to get lined up, you will never get into the water"[ Edited by GFous on Date 10/18/2003 ]
Whether or not to become licensed might depend on how easy it is for people to trust you.
If you find that it is easy to gain rapport with the people you are dealing with - it probably would not hurt (meaning you would not lose deals) by becoming licensed..... however,
If gaining trust is an obstical for you already - I would reconsider pursuing a license.
In my experience, I have found many people have a bias about licensed real estate people - they are afraid of being taken advantage of or they simply resent what they see as our "over-compensation".
Why do you want a license anyway?
bronwen