How to get started when you already have a RE License?

Hello,

If you do not advertise that you are a Licensed Sales Agent, no one will have to know. Your license allows you to stay educated every 2 years. If nobody knew I had an ulcer, which I do not, how would anybody talking to me find out, unless I wanted them to know.

Good Luck with Everything !!

Brian

I'm not sure how to do this (I am relatively new, and I do not have a RE license). BUT I do know that, at least where I am, if you have a license and you are buying a property you MUST disclose that you are a licensed RE agent.

Glen

Hi Jessica,

Welcome to DG . com ! There are other DGers here who also have a Real Estate License. I would suggest that you start a Forum thread, so that your questions can be answered in the "Active Forum" threads (on the upper right hand side of the screen).

Here's a link on how to do it:
How To Blog Or Journal(Start A Forum Thread)
http://www.deangraziosi.com/real-estate-forums/website-help-and-feedback...

I'm not an RE agent, but from what I know, you can do RE Investing as well, but would have to give "Full Disclosure" to all parties in the contract that you are also an RE Agent so as not to jeopardize the status of your license. (I've spoken to several RE agents out here, and I asked how do they work with commission splits, this one agent from a big popular company said that it depends on arrangements made with the sponsoring broker. They cannot represent themselves on a deal, they would have to get another RE agent to represent them in their own deals. I guess this varies, but that is just what I was told. It might be different in your State).

I think there's also a group here (of RE agents/investors), so you can check it out as well:
http://www.deangraziosi.com/og

Happy investing!

Cris

http://www.deangraziosi.com/real-estate-forums/everything-else/98369/dg-...

Thank you so much for all your feedback... Eh I had a feeling I was going to read that I have to disclose and give my broker a percentage. I still hope there is a way around it since they are not helping me with any of my personal deals and they do not even know I want to venture out and have my own RE business in a completely different real estate field than what they specialize in.

Check with a real estate attorney. You do have to disclose you're an agent but I don't think that means you broker gets a cut if you are doing the deal personally.
I believe the broker only gets a cut when you are acting as an agent for somebody else, not when you are doing personal deals on your own accord.
Talk with an re attorney to get to the bottom of this.