I’ve had my real estate license for several years. However, last December I let it lapse. Over the years I held my license I closed no transactions…as an agent. My company sold bank and government owned homes. That was my focus. So I didn’t work with clients exactly. I worked with asset managers, on behalf of the institution that owned the house in our portfolio. I needed my license, but I never needed to go out and generate leads and such that’s part of being a real estate agent. Buy I know about the local market, how to price a home, how to market it, and I know the contract process better than most agents. So, though I haven’t a single transaction officially tied though, I’ve closed hundreds.
So, I’m trying to figure out what to do next. I’m nearing the end of my grace period with the state of Washington. After December, I’ll need to retake my real estate course work from scratch to renew. Right now, I just need to take a few hours of online course work and then pay the renewal fee. It’s very tempting.
In my current role, I manage the construction process from getting a contract signed around to having permits in hand. I believe that my understanding of the construction process coupled with my understanding of bank and government owner homes gives me a unique skill set in the real estate world. New construction, custom homes as well as real estate flipping and investing are things I understand well.
But, is it enough to make the investment worthwhile! Would I make back the investment in time and energy? I’m just not sure. What do you think? I’d love to hear your insights and recommendations.
Not sure I want to become a mogul. But I think I could make a positive impact on the world.
