If you asked any two REIs or RE Agents you'd likely get two different answers on this.
I keep a Br.'s license primarily to stay up with current laws and trends in my state, although I've tossed it around a lot, and do so every renewal period.
Even though I rarely handle listings or anybody else's RE but my own, my license has & continues to bring me the odd commission or deal, and pay for itself, so all-in-all I'd have to say yes, it's been worth it.
[addsig]
As John said, everyone opinion will be different, and if you would like to take the time to run a search on this question via TCI's forum search, you will have a month's worth of reading on everybody's opinion.
A short answer is that it will depend greatly on what type of investing that you will be doing. In many instances, being an agent will actually hinder your ability to buy and/or sell a property, again, depending on the situation.
Another point is that it will be difficult to near impossible to be good at both investing and being an agent. If you plan to concentrate on investing, you may have a hard time trying to find a broker that you can work for that will let you be slack in the agent department.
I heard that you have to disclose more things & stick with certain contracts if you are an agent. But being an investor you have more flexiblity. But thats what i both heard of & read about.
I agree. I think that it really depends on what kind of investing you're planning on doing. If you asked me, I'd say it's better for those who just want to buy and hold properties. Simply my opinion though. I'd recommend using the search - you'll probably be able to find some of the experts answer your question.
If you asked any two REIs or RE Agents you'd likely get two different answers on this.
I keep a Br.'s license primarily to stay up with current laws and trends in my state, although I've tossed it around a lot, and do so every renewal period.
Even though I rarely handle listings or anybody else's RE but my own, my license has & continues to bring me the odd commission or deal, and pay for itself, so all-in-all I'd have to say yes, it's been worth it.
[addsig]
As John said, everyone opinion will be different, and if you would like to take the time to run a search on this question via TCI's forum search, you will have a month's worth of reading on everybody's opinion.
A short answer is that it will depend greatly on what type of investing that you will be doing. In many instances, being an agent will actually hinder your ability to buy and/or sell a property, again, depending on the situation.
Another point is that it will be difficult to near impossible to be good at both investing and being an agent. If you plan to concentrate on investing, you may have a hard time trying to find a broker that you can work for that will let you be slack in the agent department.
Roger
I heard that you have to disclose more things & stick with certain contracts if you are an agent. But being an investor you have more flexiblity. But thats what i both heard of & read about.
I agree. I think that it really depends on what kind of investing you're planning on doing. If you asked me, I'd say it's better for those who just want to buy and hold properties. Simply my opinion though. I'd recommend using the search - you'll probably be able to find some of the experts answer your question.