http://www.REIClub.com - Should Investors Get Licensed As Real Estate Agents? Check Out the Pros and Cons of Investors Getting Their Real Estate License...
Benefits
Being licensed as a real estate agent provides:
* MLS Access - property comps, searches, history, no waiting on agent, agent investors can list properties,
* Commissions - collect commissions on purchases, sales, leasing
* Rights, Privileges - representation, commissions, property manager, etc.
* Control - deal direct with sellers, agents, title companies, etc...
* Credibility - real estate agents have increased credibilty
Cons
Investors who get their real estate license face additional...
* Education - although minimal still must take classes, exams, and continue education
* Costs - fees for education, exams, annual fees for MLS & Realtor certification, broker fees, insurance
* Disclosures - required to protect yourself
* Paperwork - agents have requirements for paperwork