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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] License pros and cons Posted by Ward-CA- on March 30, 2004 at 8:28 AM In Reply to: License posted by Chris on March 30, 2004 at 2:58 AM : Hello Ward, : That you for the very informative web-site. My wife is considering is on getting her Real Estate Brokers license while I get up to speed with pre-foreclosures. Do you see any advantage or disadvantage in doing this? : Peace, : Chris ======================= Chris, If your wife intends to keep working for a commission income, then I'd encourage her to get her broker's license for the added independence and greater share of the commission pie. But if she becomes a principal and focuses on buying properties for her own account, she will be even more independent and will make a lot more money than commission splits will ever amount to. In addition, she won't attract as much legal attention in the foreclosure game without a license. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Hello Ward, : : That you for the very informative web-site. My wife is considering is on getting her Real Estate Brokers license while I get up to speed with pre-foreclosures. Do you see any advantage or disadvantage in doing this? : : Peace, : : Chris : ======================= : Chris, : If your wife intends to keep working for a commission income, then I'd encourage her to get her broker's license for the added independence and greater share of the commission pie. : But if she becomes a principal and focuses on buying properties for her own account, she will be even more independent and will make a lot more money than commission splits will ever amount to. In addition, she won't attract as much legal attention in the foreclosure game without a license. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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