Well, it’s hard not to imagine the internet driving a lot of real estate agents out of business the same way it drove travel agents out of business ten years ago. Pretty much the only travel agents that have survived are specialists, package tours, that kind of thing. If the analogy follows and in fact most realtors are driven out of business, the ones that remain will be specialists of some sort.
I think the only reason I’d want to get a real estate license would be to save the commission on investment properties I bought and sold. Even then I wonder if it’s worth paying a few percentage points to keep the hypothetical broker side of me an arm’s length away from the hypothetical investor side of me, just in case a deal goes sour.
