Advantages of Having a Real Estate License While Investing in Real Estate | RealEstateInvesting.com

Abstract

More people are looking to real estate investment for a passive income than ever before, but not everyone who tries investing in real estate is successful. Getting a real estate license is often thrown around as a good idea when investing in real estate, but when pre-licensing courses can take anywhere from 40 to 180 hours, is it worth the effort? Keep reading to learn more about the advantages of having a real estate license as a real estate investor. Save Money on Agent Commissions The first and most obvious advantage of having a real estate license when investing in real estate is that you don't have to pay commissions to a real estate agent. Access the MLS The MLS, or multiple listing service, is a database of properties for sale that is only accessible to licensed real estate agents and brokers. Opportunities for Networking In addition to the professional networking that you can do as a real estate agent, having a real estate license gives you access to events and conferences that are closed off to the general public. Better Negotiating Position As a licensed real estate agent, you'll have a better understanding of the market and the process of buying and selling real estate. Is a Real Estate License Worth It? The bottom line is that having a real estate license can give you a number of advantages when investing in real estate.