Do I think you should become a Realtor? For investment purposes yes, I think that is worth the effort. Just by paying yourself the commission on the buy side and avoiding the MLS split, you can get nearly a 6% increase in your initial and final equity position in a property. So yes, for investment purposes, this is worthwhile.
Will you be an expert in Real Estate because you took a 6 week course and passed the test to become a broker associate? No, you won't. You will know just enough to be dangerous to yourself, but that is okay. Don't actually do anything without talking to your Managing Broker, which you will need to find for at least 2 years anyhow.
More later about becoming a Realtor for investment purposes...it is certainly initially why I became a Realtor.
Bye for now...Jack
Monday, April 30, 2007
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