Should I get my real estate license or not?

[Tien]

In my area the value of the property is = to what someone pays for it.


It may or may not be worth getting your license depending on where you live and Roger J is right about that. It can sometimes be more of a liability than an asset depending on local laws.


Some areas are not agent / investor friendly.



I was considering getting the license but found out it would be illegal for me to option a property "worth" 100 000$ for 50 000$ and keep whatever I sell above that since I would be considered "gouging" the poor homeowner.



Since I deal a lot with options, that is pretty much the nail to the coffin for getting a license to me. As well as the outrageous fees / costs / bla bla just to have access to MLS. Also at this point, I've given some agents a lot of business and favors that I can just call them up and get comps the same day for free without a hassle.

So.... the answer to the question is it depends.