Hey Moguls, JD Esajian here…
Today’s lesson is about a common question I get asked all the time: “Should investors be licensed Realtors?”
Let me start by saying there are definitely benefits to being licensed, but some people might also argue that there are some disadvantages. So, I’ll present you with some helpful info so you can make an informed decision for what’s best for you.
Firstly, you should know that you certainly don’t need to be a licensed Realtor to do REI. But, there’s nothing wrong with having your license as an investor - it’s important to note that it’s not illegal if you do choose to be an investor who also happens to be licensed. Licensed Realtors are actually held to a higher standard, which I think is a good thing.
As far as I’m concerned, I think being an investor who’s licensed is great. I’m all for it, actually. I say that with a slight word of caution because if you’re a licensed…
JD Esajian
, star of a popular flipping houses reality show, is head project manager of CT Homes LLC, a multi-million dollar real estate investing company, as well as a national speaker with FortuneBuilders Inc, a real estate educational training company. He, along business partners Than Merrill and brother Paul Esajian are some of the nation’s most successful investors and are considered elite experts in buying, fixing, and selling properties.