Re: Cons of being a licensed Realtor®?-Many - Posted by JACK e
Posted by JACK e on May 02, 2007 at 16:39:05:
Its great if you want to sell other people’s property. If not it is useless. What you learn becoming a licenced relator will help you very little, if at all in investing.
It is two different mind sets. It may even detract from your free knowledge of how to invest. Some say, but it give you access to the MLS. There are many other ways to do that or get the same information. You have to disclose your license on every deal. This scares some buyers or sellers. Most relators don’t know diddly about investing. Some do, but be careful of them as if they are really relators they are looking out for themselves first and foremost. If you want to do both, do it, but don’t confuse them, because if you do it will work to your disadvantage. You will get several opinions to the contrary from so called realtor/investors. But keep in mind it might just be that they are trying to justify themselves.