Cashflow,

Be sure to read the previous thread:
http://piggington.com/getting_re_license_for_myself

To summarize what I learned from that discussion:

Bottom line: the effort to get the license is probably not worth it unless you want to become an agent professionally. Do as much leg work yourself as possible, and get an agent to rep you for 1% and have them rebate the other 2% (or whatever is left) back to you. (There are a couple agents on this site that you could ask if they’d do this, and I suspect one of them would, or you could go to a discount broker)

With just a sales license, you still have to pay a broker.

With no sales experience, the listing agent will see you as a liability and could discourage the buyer from accepting your offer.

It is a major purchase, and I whole heartedly encourage you to get informed, not only about the transaction process, but the market you are buying in, and all relevant details. I also encourage you to be very hands on in the negotiations, and don’t take anyone’s word for anything. But I also think that there’s enough that could come up that’s unique and problematic that you might want an experienced broker helping you.

Just my 2cents though.

XBoxBoy

Cashflow,

Be sure to read the previous thread:
http://piggington.com/getting_re_license_for_myself

To summarize what I learned from that discussion:

Bottom line: the effort to get the license is probably not worth it unless you want to become an agent professionally. Do as much leg work yourself as possible, and get an agent to rep you for 1% and have them rebate the other 2% (or whatever is left) back to you. (There are a couple agents on this site that you could ask if they’d do this, and I suspect one of them would, or you could go to a discount broker)

With just a sales license, you still have to pay a broker.

With no sales experience, the listing agent will see you as a liability and could discourage the buyer from accepting your offer.

It is a major purchase, and I whole heartedly encourage you to get informed, not only about the transaction process, but the market you are buying in, and all relevant details. I also encourage you to be very hands on in the negotiations, and don’t take anyone’s word for anything. But I also think that there’s enough that could come up that’s unique and problematic that you might want an experienced broker helping you.

Just my 2cents though.

XBoxBoy

Cashflow,

Be sure to read the previous thread:
http://piggington.com/getting_re_license_for_myself

To summarize what I learned from that discussion:

Bottom line: the effort to get the license is probably not worth it unless you want to become an agent professionally. Do as much leg work yourself as possible, and get an agent to rep you for 1% and have them rebate the other 2% (or whatever is left) back to you. (There are a couple agents on this site that you could ask if they’d do this, and I suspect one of them would, or you could go to a discount broker)

With just a sales license, you still have to pay a broker.

With no sales experience, the listing agent will see you as a liability and could discourage the buyer from accepting your offer.

It is a major purchase, and I whole heartedly encourage you to get informed, not only about the transaction process, but the market you are buying in, and all relevant details. I also encourage you to be very hands on in the negotiations, and don’t take anyone’s word for anything. But I also think that there’s enough that could come up that’s unique and problematic that you might want an experienced broker helping you.

Just my 2cents though.

XBoxBoy

I am using http://www.alliedschools.com for my required broker’s courses.

Coincindentally, I was on the phone to get an extension because I didn’t take the test for one of the five courses when I looked at this thread. They gave me a free three month extension. Even before that I was happy with the transaction with Allied and the format of the online course.

The nice young lady who handled the extension can be reached at [email protected] to help you with enrollment if you want.

I am using http://www.alliedschools.com for my required broker’s courses.

Coincindentally, I was on the phone to get an extension because I didn’t take the test for one of the five courses when I looked at this thread. They gave me a free three month extension. Even before that I was happy with the transaction with Allied and the format of the online course.

The nice young lady who handled the extension can be reached at [email protected] to help you with enrollment if you want.