{"id":68566,"date":"2020-08-27T07:01:54","date_gmt":"2020-08-27T12:01:54","guid":{"rendered":"https:\/\/www.zilculator.com\/blog\/?p=68566"},"modified":"2021-01-08T06:25:31","modified_gmt":"2021-01-08T11:25:31","slug":"is-it-worth-to-get-a-real-estate-license-as-an-investor","status":"publish","type":"post","link":"https:\/\/www.zilculator.com\/blog\/is-it-worth-to-get-a-real-estate-license-as-an-investor\/","title":{"rendered":"Is It Worth To Get A Real Estate License As An Investor?"},"content":{"rendered":"\n<p>This is a hotly-debated topic among investors: Should <strong>investors obtain a <a href=\"https:\/\/www.zilculator.com\/blog\/5-crucial-things-you-should-know-before-getting-your-real-estate-license\/\">real estate license<\/a><\/strong> (become real estate agents) for the benefits offered by the license? Although there are some obvious benefits\u2014and other not-so-obvious benefits\u2014the answer is usually \u201cno.\u201d<\/p>\n\n\n\n<p>And I say that as an investor who <em>does<\/em> have a real estate license.<\/p>\n\n\n\n<div id=\"toc_container\" class=\"toc_white no_bullets\"><p class=\"toc_title\">Contents<\/p><ul class=\"toc_list\"><li><a href=\"#Benefits\"><span class=\"toc_number toc_depth_1\">1<\/span> Benefits<\/a><ul><li><a href=\"#Ability_to_do_your_own_comps\"><span class=\"toc_number toc_depth_2\">1.1<\/span> Ability to do your own comps<\/a><\/li><li><a href=\"#Avoiding_paying_the_commission_when_selling\"><span class=\"toc_number toc_depth_2\">1.2<\/span> Avoiding paying the commission when selling<\/a><\/li><li><a href=\"#Understanding_how_the_real_estate_process_works_from_the_agents_perspective\"><span class=\"toc_number toc_depth_2\">1.3<\/span> Understanding how the real estate process works from the agent\u2019s perspective<\/a><\/li><li><a href=\"#Adherence_to_state_laws_and_regulations_required_for_an_agent_If_the_investor_chooses_to_join_the_National_Association_of_Realtors_adherence_to_the_NARs_Code_of_Ethics\"><span class=\"toc_number toc_depth_2\">1.4<\/span> Adherence to state laws and regulations required for an agent. If the investor chooses to join the National Association of Realtors, adherence to the NAR\u2019s Code of Ethics<\/a><\/li><\/ul><\/li><li><a href=\"#Disadvantages\"><span class=\"toc_number toc_depth_1\">2<\/span> Disadvantages<\/a><ul><li><a href=\"#Cost\"><span class=\"toc_number toc_depth_2\">2.1<\/span> Cost<\/a><\/li><li><a href=\"#Attention_Diversion\"><span class=\"toc_number toc_depth_2\">2.2<\/span> Attention Diversion<\/a><\/li><li><a href=\"#Compliance_with_state_laws_and_regulations_applicable_to_agents\"><span class=\"toc_number toc_depth_2\">2.3<\/span> Compliance with state laws and regulations applicable to agents<\/a><\/li><\/ul><\/li><li><a href=\"#Final_Thoughts\"><span class=\"toc_number toc_depth_1\">3<\/span> Final Thoughts<\/a><\/li><\/ul><\/div>\n<h2><span id=\"Benefits\">Benefits<\/span><\/h2>\n\n\n\n<p>Let\u2019s consider the benefits:<\/p>\n\n\n\n<h3><span id=\"Ability_to_do_your_own_comps\"><strong>Ability to do your own comps<\/strong><\/span><\/h3>\n\n\n\n<p>One barrier many investors run into is the inability to quickly and accurately determine the ARV\u2014after-repair value\u2014of a property. For an investor, the key number is the ARV: What the property will be worth after it\u2019s fixed up. Everything else is based on that. The classic formula for determining what a wholesaler (or rehabber) should contract for\/pay for a property is: MAO (Maximum Allowable Offer) = ARV*0.7 minus repair costs. That is: Take 70% of the ARV and subtract repair costs. That should be the maximum a rehabber should pay. A wholesaler should subtract his\/her desired profit from the figure to determine what the cost to the rehabber should be.<\/p>\n\n\n\n<div class=\"wp-block-group padding-20 has-very-light-gray-background-color has-background\"><div class=\"wp-block-group__inner-container\">\n<p><strong>Example<\/strong><\/p>\n\n\n\n<p>A property\u2019s ARV is $200,000. The cost to rehab the property is $40,000. The rehabber should pay no more than $100,000. If a wholesaler wants to assign the contract for $10,000, then the property should be put under contract for no more than $90,000.<\/p>\n<\/div><\/div>\n\n\n\n<p>So, if ARV is key, then that\u2019s the critical number for the wholesaler to know. And, yes, access to the MLS in order to \u201cpull comps\u201d is the best way of determining that.<\/p>\n\n\n\n<div class=\"wp-block-group padding-20 has-text-color has-background\" style=\"background-color:#7bb9d4;color:#ffffff\"><div class=\"wp-block-group__inner-container\">\n<p><span style=\"color:#ffffff\" class=\"has-inline-color\"><strong>Note from Zilculator<\/strong>:<\/span><\/p>\n\n\n\n<p>Our real estate software also provides a possibility for our customers to pull comps from both public records and MLS. Try our Premium features today.<\/p>\n\n\n\n<div class=\"wp-block-buttons aligncenter\">\n<div class=\"wp-block-button padding-20\"><a class=\"wp-block-button__link has-text-color has-background no-border-radius\" style=\"background-color:#ffdd00;color:#000000\" rel=\"https:\/\/www.zilculator.com\/pricing\"><strong>Try our Premium features today<\/strong>!<\/a><\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Problem #1: The difficulty is that performing a comp analysis and determining the ARV is both an art and a science.<\/strong> For example, most sales in the MLS don\u2019t represent the ARV of a property. Typically, sold houses are in fair-to-good condition. They\u2019re generally not in a true ARV condition. The MLS may have three good comps for a property\u2014let\u2019s say $200,000, $210,000, and $220,000. So we might assume that the ARV is about $210,000. But were those properties truly \u201cafter repair\u201d? Not likely. In this case, a true ARV might be higher. It\u2019s often possible to determine a property\u2019s actual condition . . . but that involves a close inspection of the property description and, sometimes, contacting the listing agent.<\/p>\n\n\n\n<p><strong>Also Read:<\/strong> <a href=\"https:\/\/www.zilculator.com\/blog\/cost-segregation-for-multifamily-investors-why-it-is-necessary\/\">Cost Segregation For Multifamily Investors: Why It Is Necessary<\/a><\/p>\n\n\n\n<p>There are also price trends and cycles not reflected in the MLS. For example, property values in many areas will rise in the early spring, peak around June or July, and then trend lower in the fall and winter. A property that sold for $300,000 in June might only sell for $270,000 in December.<\/p>\n\n\n\n<p><strong>Problem #2: Comps based on MLS figures are likely 3-4 months out of date. <\/strong>A house that sells in July probably was placed under contract about 60 days earlier\u2014in May. Depending on how long it was on the market, it may actually have been listed in April. If a wholesaler or rehabber obtains a property in August, he\/she will be more than satisfied with July comps. And yet those July comps represent houses put on the market in April. Meanwhile, if the rehab will take, say, 3 months, the rehabber will put the property on the market in October or November. That\u2019s a long way from the past April.<\/p>\n\n\n\n<p>That\u2019s why determining ARV is an art as well as a science. It involves more than just \u201ccrunching numbers.\u201d It requires an understanding of the sales process and the cyclical pricing of real estate. Simply buying access to the MLS (becoming an agent and then, separately, joining the regional multiple listing service) isn\u2019t enough. And I haven\u2019t seen many investors willing to put in the time and effort to factor in those elements.<\/p>\n\n\n\n<p><strong>Problem #3: Many investor\/wholesale purchases aren\u2019t on the MLS.<\/strong> The sales generally are (we\u2019ll get to that in a moment), but not the purchases. While it\u2019s true that the sold price (ARV) is the key figure, the purchase price provides a double-check. For example, although a sales price of $200,000 is the primary number, it\u2019s helpful to confirm the other numbers\u2014the purchase price and the repair costs. It\u2019s difficult to confirm exact repair costs but, as in our example above, it would be helpful to know that wholesalers and rehabbers were paying around $100,000 for those properties. But those properties won\u2019t be in the MLS; it\u2019s likely that they were not listed properties that were sold by agents. The properties I\u2019ve put under contract\u2014and most properties put under contract by wholesalers I know\u2014weren\u2019t listed in the MLS. They were found using direct mail, bandit signs, or with some of the other <a href=\"https:\/\/www.zilculator.com\/blog\/6-tips-for-cutting-real-investment-costs\/\" target=\"_blank\" rel=\"noreferrer noopener\">techniques used by investors<\/a>. Yes, those purchases will show up in tax records, and most MLS systems offer a quick, efficient way to search tax records. But tax records are public; it\u2019s not necessary to join an MLS to access tax records.<\/p>\n<!-- WP QUADS Content Ad Plugin v. 2.0.17 -->\n<div class=\"quads-location quads-ad2\" id=\"quads-ad2\" style=\"float:none;margin:0px;\">\n\n <!-- WP QUADS - Quick AdSense Reloaded v.2.0.17 Content AdSense async --> \n\n\n<script type=\"text\/javascript\" >\nvar quads_screen_width = document.body.clientWidth;\nif ( quads_screen_width >= 1140 ) {document.write('<ins class=\"adsbygoogle\" style=\"display:inline-block;width:550px;height:90px;\" data-ad-client=\"pub-3164542121802998\" data-ad-slot=\"4497930067\" ><\/ins>');\r\n            (adsbygoogle = window.adsbygoogle || []).push({});\r\n            }if ( quads_screen_width >= 1024  && quads_screen_width < 1140 ) {document.write('<ins class=\"adsbygoogle\" style=\"display:inline-block;width:550px;height:90px;\" data-ad-client=\"pub-3164542121802998\" data-ad-slot=\"4497930067\" ><\/ins>');\r\n            (adsbygoogle = window.adsbygoogle || []).push({});\r\n            }if ( quads_screen_width >= 768  && quads_screen_width < 1024 ) {document.write('<ins class=\"adsbygoogle\" style=\"display:inline-block;width:550px;height:90px;\" data-ad-client=\"pub-3164542121802998\" data-ad-slot=\"4497930067\" ><\/ins>');\r\n            (adsbygoogle = window.adsbygoogle || []).push({});\r\n            }if ( quads_screen_width < 768 ) {document.write('<ins class=\"adsbygoogle\" style=\"display:inline-block;width:550px;height:90px;\" data-ad-client=\"pub-3164542121802998\" data-ad-slot=\"4497930067\" ><\/ins>');\r\n            (adsbygoogle = window.adsbygoogle || []).push({});\r\n            }\n<\/script>\n\n <!-- end WP QUADS --> \n\n\n<\/div>\n\n\n\n\n<p><\/p>\n\n\n\n<h3><span id=\"Avoiding_paying_the_commission_when_selling\"><strong>Avoiding paying the commission when selling<\/strong><\/span><\/h3>\n\n\n\n<p>Yes, this is a benefit. But it\u2019s not as much as would be expected, and there\u2019s an associated cost. Consider the $300,000 property. Although commissions are negotiable, let\u2019s assume, hypothetically, a 6% commission. When a house is listed, especially if a full commission is to be paid, that commission is often split between the listing agent and the buyer\u2019s agent. If the investor is an agent, lists the property, and shares the commission with the buyer\u2019s agent, the investor saves 3% or $9,000. Depending on the arrangement the agent has with his\/her broker, anywhere from perhaps $500 to $4,500 will go to the broker. That leaves $4,500-$8,500.<\/p>\n\n\n\n<p>Agreed: That\u2019s real money. Still, the investor will have to devote time, effort, and\u2014yes\u2014money to <a href=\"https:\/\/www.zilculator.com\/blog\/5-simple-tips-for-marketing-your-home-for-sale\/\" target=\"_blank\" rel=\"noreferrer noopener\">marketing the property<\/a>. Open houses. Video tours. Staging. That\u2019s time, effort, and money that can\u2019t be devoted to the investor side of the business. Many investors decide that they just don\u2019t want to have to spend that time, effort, and money marketing their latest rehab. It\u2019s just not worth it. When I do see it happen, often the investor has a partner (married, long-term commitment) where one performs the investing functions and the other performs the real estate agent functions. That can work. But I seldom see a sole investor acting both as an investor and as a listing agent.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3><span id=\"Understanding_how_the_real_estate_process_works_from_the_agents_perspective\"><strong>Understanding how the real estate process works from the agent\u2019s perspective<\/strong><\/span><\/h3>\n\n\n\n<p>This is a real benefit that\u2019s seldom appreciated by the investor. The world of traditional real estate sales by real estate agents is totally different than the world inhabited by investors. And most investors\u2014unless they\u2019re also agents\u2014don\u2019t have a clue as to how agents work. What their priorities are. What their <a href=\"https:\/\/www.zilculator.com\/blog\/commercial-investing-4-strategies-to-succeed\/\">commercial strategies<\/a> are. <\/p>\n\n\n\n<p><strong>Also Read:<\/strong> <a href=\"https:\/\/www.zilculator.com\/blog\/how-to-prepare-properly-before-buying-your-first-property\/\">How To Prepare Properly Before Buying Your First Property<\/a><\/p>\n\n\n\n<p>What their mindset is. If an investor is going to be working regularly with agents, this is important knowledge to have. But is it worth the expense? Not usually for wholesalers who generally interact with sellers and rehabbers. It might be worth the expense for rehabbers who more frequently will interact with agents and, perhaps, with buyers.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3><span id=\"Adherence_to_state_laws_and_regulations_required_for_an_agent_If_the_investor_chooses_to_join_the_National_Association_of_Realtors_adherence_to_the_NARs_Code_of_Ethics\"><strong>Adherence to state laws and regulations required for an agent. If the investor chooses to join the National Association of Realtors, adherence to the NAR\u2019s Code of Ethics<\/strong><\/span><\/h3>\n\n\n\n<p>I\u2019ve included this as a benefit although, frankly, many investors consider this a liability rather than a benefit. There\u2019s an advantage to telling a seller that your actions are overseen by state regulations and that you adhere to the NAR Code of Ethics. This applies even when an investor is operating as an investor, not as an agent or Realtor. That behavior also can keep you out of trouble. I don\u2019t tell sellers that I\u2019ve been trying repeatedly to reach them. I don\u2019t propose and promote deals that I know aren\u2019t in the best interest of sellers. Yes, you can make low offers; the seller\u2019s motivation may be to sell quickly or in \u201cas is\u201d condition. You just can\u2019t materially misrepresent factors.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2><span id=\"Disadvantages\">Disadvantages<\/span><\/h2>\n\n\n\n<h3><span id=\"Cost\"><strong>Cost<\/strong><\/span><\/h3>\n\n\n\n<p>For many investors, particularly those starting out, cost is a significant disadvantage. It varies greatly by state, but it\u2019s not unusual to spend $2,000 to become licensed, and another $300-$500 for membership in the regional MLS. Then there\u2019s the cost of continuing education to retain a license, the $500-$700 to maintain your membership in the National Association of Realtors, and another $300-$500 for MLS membership.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3><span id=\"Attention_Diversion\"><strong>Attention Diversion<\/strong><\/span><\/h3>\n\n\n\n<p>Is agent licensing, NAR membership, and MLS membership just a series of \u201cshiny objects\u201d? Are these diversions from what you\u2019re really interested in doing?<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3><span id=\"Compliance_with_state_laws_and_regulations_applicable_to_agents\"><strong>Compliance with state laws and regulations applicable to agents<\/strong><\/span><\/h3>\n\n\n\n<p>We covered this above. While some view this as an advantage, many investors view this as a disadvantage. (I consider it an advantage.)<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2><span id=\"Final_Thoughts\">Final Thoughts<\/span><\/h2>\n\n\n\n<p>As the saying goes, don\u2019t reinvent the wheel.<\/p>\n\n\n\n<p>If the goal is get good comps, then the solution for most investors is to find an investor-friendly agent who will provide those comps. And investors have much to offer in return: Leads the investor generates where the would-be seller is unable to accept the low price offered by the investor. These are still good leads; they\u2019re still people who are interested in selling their homes. They may not be good leads for the investor who is unable to make the deal work, but they may be ideal for a friendly Realtor. Offer to provide any leads you\u2019re not able to handle, in return for comps and even leads on potential sellers who are unable to sell conventionally. (A house in poor condition, a house occupied by a hoarder, and so on.)<\/p>\n\n\n\n<p>There are even paid services that provide comps. (Stay away from Zillow and similar, though.) If that\u2019s all an investor needs, those may be more than sufficient, and they\u2019ll be far more cost-effective than becoming an agent and joining an MLS.<\/p>\n\n\n\n<p>And if the goal of a rehabber is to reduce commission expenses, remember that commissions are negotiable. If you can provide a listing agent with a stream of 2, 3, 4, or more properties a year, you should be able to negotiate a substantially lower commission.<\/p>\n\n\n\n<p>For most rehabbers and wholesalers, it just doesn\u2019t make sense to become an agent.\n","protected":false},"excerpt":{"rendered":"<p>This is a hotly-debated topic among investors: Should investors obtain a real estate license (become real estate agents) for the benefits offered by the license? Although there are some obvious&#8230;<\/p>\n","protected":false},"author":4,"featured_media":68696,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[159,214],"tags":[216,223,222],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Is It Worth To Get A Real Estate License As An Investor? | Zilculator: Real Estate Investment Analysis blog<\/title>\n<meta name=\"description\" content=\"This is a hotly-debated topic among investors: Should investors obtain a real estate license for the benefits offered by the license? Although there are some obvious benefits\u2014and other not-so-obvious benefits\u2014the answer is usually \u201cno.\u201d And I say that as an investor who does have a real estate license.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zilculator.com\/blog\/is-it-worth-to-get-a-real-estate-license-as-an-investor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is It Worth To Get A Real Estate License As An Investor? | Zilculator: Real Estate Investment Analysis blog\" \/>\n<meta property=\"og:description\" content=\"This is a hotly-debated topic among investors: Should investors obtain a real estate license for the benefits offered by the license? Although there are some obvious benefits\u2014and other not-so-obvious benefits\u2014the answer is usually \u201cno.\u201d And I say that as an investor who does have a real estate license.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zilculator.com\/blog\/is-it-worth-to-get-a-real-estate-license-as-an-investor\/\" \/>\n<meta property=\"og:site_name\" content=\"Zilculator: Real Estate Investment Analysis blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RealEstateAnalysis\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-27T12:01:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-08T11:25:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.zilculator.com\/blog\/wp-content\/uploads\/2020\/08\/is-it-worth-to-get-a-real-estate-license-as-an-investor.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Zilculator\" \/>\n<meta name=\"twitter:site\" content=\"@Zilculator\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\">\n\t<meta name=\"twitter:data1\" content=\"Don Tepper\">\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data2\" content=\"7 minutes\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.zilculator.com\/blog\/#organization\",\"name\":\"Zilculator: Real Estate Analysis & Marketing Software\",\"url\":\"https:\/\/www.zilculator.com\/blog\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/RealEstateAnalysis\/\",\"https:\/\/twitter.com\/Zilculator\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.zilculator.com\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.zilculator.com\/blog\/wp-content\/uploads\/2020\/07\/zilculator-logo-blue.png\",\"width\":522,\"height\":119,\"caption\":\"Zilculator: Real Estate Analysis & Marketing Software\"},\"image\":{\"@id\":\"https:\/\/www.zilculator.com\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.zilculator.com\/blog\/#website\",\"url\":\"https:\/\/www.zilculator.com\/blog\/\",\"name\":\"Zilculator: Real Estate Investment Analysis blog\",\"description\":\"Articles about Real Estate Analysis and Real Estate Investment Software features.\",\"publisher\":{\"@id\":\"https:\/\/www.zilculator.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/www.zilculator.com\/blog\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.zilculator.com\/blog\/is-it-worth-to-get-a-real-estate-license-as-an-investor\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.zilculator.com\/blog\/wp-content\/uploads\/2020\/08\/is-it-worth-to-get-a-real-estate-license-as-an-investor.png\",\"width\":1500,\"height\":1000},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.zilculator.com\/blog\/is-it-worth-to-get-a-real-estate-license-as-an-investor\/#webpage\",\"url\":\"https:\/\/www.zilculator.com\/blog\/is-it-worth-to-get-a-real-estate-license-as-an-investor\/\",\"name\":\"Is It Worth To Get A Real Estate License As An Investor? | Zilculator: Real Estate Investment Analysis blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.zilculator.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.zilculator.com\/blog\/is-it-worth-to-get-a-real-estate-license-as-an-investor\/#primaryimage\"},\"datePublished\":\"2020-08-27T12:01:54+00:00\",\"dateModified\":\"2021-01-08T11:25:31+00:00\",\"description\":\"This is a hotly-debated topic among investors: Should investors obtain a real estate license for the benefits offered by the license? Although there are some obvious benefits\\u2014and other not-so-obvious benefits\\u2014the answer is usually \\u201cno.\\u201d And I say that as an investor who does have a real estate license.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.zilculator.com\/blog\/is-it-worth-to-get-a-real-estate-license-as-an-investor\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.zilculator.com\/blog\/is-it-worth-to-get-a-real-estate-license-as-an-investor\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.zilculator.com\/blog\/is-it-worth-to-get-a-real-estate-license-as-an-investor\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.zilculator.com\/blog\/\",\"url\":\"https:\/\/www.zilculator.com\/blog\/\",\"name\":\"Blog\"}},{\"@type\":\"ListItem\",\"position\":2,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.zilculator.com\/blog\/category\/business-productivity\/\",\"url\":\"https:\/\/www.zilculator.com\/blog\/category\/business-productivity\/\",\"name\":\"Business Management\"}},{\"@type\":\"ListItem\",\"position\":3,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.zilculator.com\/blog\/is-it-worth-to-get-a-real-estate-license-as-an-investor\/\",\"url\":\"https:\/\/www.zilculator.com\/blog\/is-it-worth-to-get-a-real-estate-license-as-an-investor\/\",\"name\":\"Is It Worth To Get A Real Estate License As An Investor?\"}}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/www.zilculator.com\/blog\/is-it-worth-to-get-a-real-estate-license-as-an-investor\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.zilculator.com\/blog\/is-it-worth-to-get-a-real-estate-license-as-an-investor\/#webpage\"},\"author\":{\"@id\":\"https:\/\/www.zilculator.com\/blog\/#\/schema\/person\/505801eac7a448778841954b87a44dac\"},\"headline\":\"Is It Worth To Get A Real Estate License As An Investor?\",\"datePublished\":\"2020-08-27T12:01:54+00:00\",\"dateModified\":\"2021-01-08T11:25:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.zilculator.com\/blog\/is-it-worth-to-get-a-real-estate-license-as-an-investor\/#webpage\"},\"commentCount\":5,\"publisher\":{\"@id\":\"https:\/\/www.zilculator.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.zilculator.com\/blog\/is-it-worth-to-get-a-real-estate-license-as-an-investor\/#primaryimage\"},\"keywords\":\"real estate agent,real estate investor,real estate license\",\"articleSection\":\"Business Management,Realtors &amp; Agents\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.zilculator.com\/blog\/is-it-worth-to-get-a-real-estate-license-as-an-investor\/#respond\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.zilculator.com\/blog\/#\/schema\/person\/505801eac7a448778841954b87a44dac\",\"name\":\"Don Tepper\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.zilculator.com\/blog\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.zilculator.com\/blog\/wp-content\/uploads\/2020\/11\/don_tepper-1-96x96.jpg\",\"caption\":\"Don Tepper\"},\"description\":\"Don Tepper is a real estate investor and Realtor licensed in Virginia #225176678. At Zilculator, Don writes articles primarily for realtors and agents. Don is not a lawyer, accountant, or financial planner and his opinions are his own.\",\"sameAs\":[\"mailto:Don@Solutions3DHome.com\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/www.zilculator.com\/blog\/wp-json\/wp\/v2\/posts\/68566"}],"collection":[{"href":"https:\/\/www.zilculator.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zilculator.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zilculator.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zilculator.com\/blog\/wp-json\/wp\/v2\/comments?post=68566"}],"version-history":[{"count":8,"href":"https:\/\/www.zilculator.com\/blog\/wp-json\/wp\/v2\/posts\/68566\/revisions"}],"predecessor-version":[{"id":68749,"href":"https:\/\/www.zilculator.com\/blog\/wp-json\/wp\/v2\/posts\/68566\/revisions\/68749"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zilculator.com\/blog\/wp-json\/wp\/v2\/media\/68696"}],"wp:attachment":[{"href":"https:\/\/www.zilculator.com\/blog\/wp-json\/wp\/v2\/media?parent=68566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zilculator.com\/blog\/wp-json\/wp\/v2\/categories?post=68566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zilculator.com\/blog\/wp-json\/wp\/v2\/tags?post=68566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}