Should Physician Investors Get A Real Estate License?

Dr. Peter Kim wears many hats. Anesthesiologist. Husband and Father. Blogger, podcaster, conference organizer, and course creator. Did you know that he’s also a licensed real estate agent?

It’s true, and he’s held that title for nearly a decade. While you don’t need to have a real estate license buy and sell properties without the aid of an agent

It can make the process easier, and there are numerous other advantages of obtaining licensure.

Benefits of Having a Real Estate License

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Whether you’re a buyer, seller, or investor in a deal, it’s crucial to understand the terms and conditions of the purchase contract. Getting your license will help learn the background behind the terms you agree to while entering a contract.

1. Become an Expert at Understanding the Purchase Contract

When it comes to residential homes, the commission for agents varies, but they usually range between 5-6% to be split evenly between the agents on both sides.

2. Save on Commission

Having a real estate license can give you access to the Multiple Listing Service (MLS), which all agents use to spot new properties on the market. You can access them faster than having to rely on your agent to relay the information to you.

3. Access to the MLS

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