Dallas-Fort Worth Real Estate Investor Club

What type of real estate license I should get for my own investment.

  • 27 Aug 2016 1:06 AM
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    Message # 4212880
    John pham

    Can anyone let me know if I would like to buy and sell house by myself so what type of real estate license should I need to have? Please provide me as much as detail possible. Thanks
  • 28 Aug 2016 10:27 AM
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    Reply # 4214495 on 4212880
    Robin Carriger (Administrator)

    John,

    No license is required to buy and sell a house for yourself.  If you want to represent someone else in buying or selling a house that he and/or she owns, then you need to be a licensed Real Estate agent.

    Thanks,

    Robin
  • 28 Aug 2016 9:58 PM
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    Reply # 4215241 on 4212880
    John pham


    Hi Robin

    Thanks for your response. I have a problem. I am a new investor. I get difficult to find a realtor who is willing to pass my offers to sellers. You knew as an investor, I have to run the number and get the final price. My price is different from retail buyer. I get the problem dealing with realtor so that is the reason I want to take the real estate license so I can access to get compt, MLS and so on. In additional, I am interesting on Foreclosure home. I need the information as early as I can so i get the deal. Do you have any suggestion to help me this?

    Thanks

    John
  • 29 Aug 2016 12:08 PM
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    Reply # 4217169 on 4212880
    Lexia Barron

    Hello John I work with Real Estate Reformation we are a Brokerage that works mainly with Investors and we are Investors ourselves. We would be happy to help you out, if you would send me your contact info we will ask one of our  agents contact you.   


    Regards


  • 29 Aug 2016 9:32 PM
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    Reply # 4217654 on 4212880
    John pham

    My contact number 817-330-4154; E:jkinvestment799@gmail.com

    Thanks
  • 30 Aug 2016 12:02 AM
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    Reply # 4217853 on 4212880
    Robin Carriger (Administrator)

    John, Feel free to give me a call at 817-300-1132 to discuss this.  Thanks, Robin
  • 01 Sep 2016 8:22 AM
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    Reply # 4222004 on 4212880
    Rafael Hartzell
    John pham wrote:

    Can anyone let me know if I would like to buy and sell house by myself so what type of real estate license should I need to have? Please provide me as much as detail possible. Thanks


    If you thinking of buying and selling of home of your own ten you need to be a licensed person and for that you need to pass the state exam. If you really want to pursue real estate fully as a profession then become a real estate agent in NJ like this you will need to pass the state exam and you get license to do so.
    Last modified: 05 Sep 2016 10:09 PM | Robin Carriger (Administrator)
  • 05 Sep 2016 10:08 PM
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    Reply # 4229960 on 4212880
    Robin Carriger (Administrator)

    Sorry, but I disagree with what Rafael said.  If you're buying and selling houses for yourself or your own company, you DO NOT have to be a licensed Real Estate agent.
  • 06 Sep 2016 6:50 AM
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    Reply # 4230394 on 4212880
    Jack Martin Jr

    As a past real estate broker for over 28 years I can tell you , you don't have to have a license to buy and sell your own properties. As a licensed agent you automatically become an expert in real estate and if someone decides to sue you , you are no longer just an investor you are an expert when it comes to court. As an agent you must disclose on all contracts to all parties that you are an agent, this may sometimes hurt you in negotiations. Over all I don't recommend getting your license if you are just doing investing for yourself. Find several agents that will work with you and the timing won't be an issue. I let my license go back several years ago and have done quite well with out it. 
  • 06 Sep 2016 8:38 PM
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    Reply # 4231499 on 4212880
    John pham

    Thanks to every one for giving me the great suggestion.
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