broker’s license for investing
IS HAVING A REAL ESTATE LICENSE A GOOD IDEA FOR INVESTORS?
Buy low and sell high. It’s a lot easier if you’re not paying 3% in commissions to a Real Estate agent!
Getting a Broker’s license not only allows you to hang onto a few thousand dollars in each transaction, it ensures that you’ll have representation by someone who is truly looking out for your best interests – yourself! By learning about laws and regulations, mortgages and appraisals, environmental issues, fair housing, and more, you’ll be in an excellent position to protect yourself and maximize the return on your significant investment.
By Illinois law, you’ll need to have a Sponsoring Broker who maintains compliance with the Illinois Real Estate License Act. Through your Sponsoring Broker, you’ll gain access to the Multiple Listing Service, and other important administrative functions. Once you’ve been an active Broker for at least two years, you can get your Managing Broker license and work independently.
We’ll help you identify a Sponsoring Broker who understands your needs as a Real Estate investor. And if you happen to know people who are looking to buy or sell residential or commercial real estate, your Broker’s license can provide a nice additional income stream by representing them. Find out more about our class formats by clicking here!
Feel free to chat with us online (using the LiveChat button at the bottom of every page of the site), or call or text us at 773-647-1830 (our extended hours are listed at the bottom of the page). You can also email our Director at [email protected], and we’ll get back to you within 24 hours. Finally, if you’d like to receive our brochure, just fill out the form at the bottom of the page. We look forward to having you join us soon!