Shawn Moore (Shawn Moore)

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Rainer
239,472
J.R. Schloemer, CRS
Kentucky Select Properties - Louisville, KY

Well, we have someone here that was licensed, didn’t disclose his/her status as a licensee when buying property as a principal and had to turn in his/her license after disciplinary actions. He/She is still doing real estate deals in some capacity 

Feb 17, 2018 03:18 PM
Ambassador
3,349,092
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Been there, done that, got my license and haven't flipped a house since!

So, the answer is yes, you just hire a local agent.

Feb 17, 2018 02:31 PM
Rainmaker
556,700
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

I think if Flipping is your thing it's best to stick with that & not think you can also do a Real Estate Agent's job. The 2 are distinctly different & require distinctly different skill sets. 

Feb 18, 2018 06:03 AM
Ambassador
1,648,214
Alan May
Jameson Sotheby's International Realty - Evanston, IL
Helping you find your way home.

Either way will work... but the "experience" that comes along with that license is indispensible..

Feb 17, 2018 06:20 PM
Rainmaker
469,699
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

You do not need a real estate license, but you need a good realtor!

Feb 17, 2018 05:04 PM
Rainmaker
1,838,240
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Either way will work

Feb 17, 2018 02:52 PM
Rainmaker
1,542,870
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

Nope, I would not get licensed. 

Feb 18, 2018 07:23 AM
Rainmaker
537,679
Eve Alexander
Buyers Broker of Florida - Orlando, FL
Exclusively Representing ONLY Orlando Home Buyers

Most flippers do not want to "disclose" or follow the guidelines....so I have known some to give up the license.

Then flipper finds an agent desperate to work for peanuts who will also give buyer the lockbox code when they should not...

Eve

Feb 18, 2018 05:05 AM
Rainmaker
3,127,938
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I don't flip so I have no opinion on which is better.

Feb 18, 2018 03:24 AM
Ambassador
4,300,542
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

You don't need a license to be a flipper,  Shawn Moore.

Feb 17, 2018 10:38 PM
Rainmaker
1,021,088
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Most flippers work with realtors. They are unlikely to get nailed if not having a license.  Want a rebate contact Redfin broker, want only to pay 1% contact Redfin. Want to list it for free contact I will double end no matter what- El Cheapo Realty......

Feb 17, 2018 08:29 PM
Rainer
120,753
Anthony Kirlew
Group 46:10 Network @ eXp Realty - Gilbert, AZ
Helping You Make Fiscally Sound Choices

Not needed, but your broker might let you use your commission towards your closing costs or down payment if you are licensed (mine does).

Feb 17, 2018 08:16 PM
Rainmaker
525,554
Dave Halpern
Keller Williams Realty Louisville East (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Not needed

Feb 17, 2018 07:45 PM
Ambassador
2,357,754
Fred Griffin, on leave of absence from ActiveRain
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 No.

 Yes.

Feb 17, 2018 06:59 PM
Rainmaker
1,620,126
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

I know several people in Minot ND Shawn Moore that flip homes who are not licensed. I love'm because they flip and list with me .

Feb 17, 2018 06:14 PM
Rainmaker
2,463,594
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

More slice of the pie if licensed however flippers eat whole pies too

Feb 17, 2018 05:04 PM
Rainmaker
4,485,347
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

You have to weigh the pros and cons and talk to your financial adviser.  A

Feb 17, 2018 04:32 PM
Rainmaker
3,019,690
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

The fliipers I work with tell me they do not want their license as they would have to be at a higher level of disclosure and scrutiny. They are happy hiring me as I get them deals and sell their homes adding value to them. 

Feb 17, 2018 04:14 PM
Ambassador
1,643,920
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Only for access to listings where you can represent yourself.

Feb 17, 2018 03:38 PM
Ambassador
4,262,718
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Easier to be a flipper without, less restrictions.

Feb 17, 2018 03:36 PM
Rainmaker
5,032,755
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

you do not need your real estate license to be a flipper....but if you are licensed, you need to disclose that you are....

Feb 17, 2018 03:27 PM
Rainmaker
5,421,221
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

If you have a good agent to represent your interests, you do not need to have a license.

I was licensed when I was flipping homes. Access to the MLS and other resources was important for me.

Feb 17, 2018 03:20 PM
Rainmaker
4,103,176
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I would say be good at one thing - flipping or selling.

Feb 20, 2018 10:46 AM
Rainmaker
1,329,087
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

You don't NEED a license to be a flipper unless you want the benefits of the MLS without hiring a listing agent.  It probably depends on how many houses you plan to flip... which brings up another issue.  Regulations are changing for people who do a lot of flipping, in regards to whether or not they need a contractors license.

Feb 18, 2018 02:14 PM
Rainmaker
1,246,577
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

No you do not.  There are plenty of ways to buy property without an agent (even listed properties you can buy by owner).  You can sell by owner or get a flat fee or discount broker to list them for you too.  Can always go FSBO in zillow too.

 

Not being listed in the MLS though, can reduce the amount of people through the house and increase the on market time.  Of course, with the right house it may not matter. 

Feb 18, 2018 12:26 PM
Rainmaker
2,799,010
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

In my state of California, it depends on how many flips are done - there are limits ...if exceeded you need a license. 

Feb 18, 2018 11:08 AM
Rainmaker
688,840
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

A license is not required to flip houses. I know flippers who have a license and flippers who do not.

Feb 18, 2018 08:42 AM
Rainmaker
576,879
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

No one needs a real estase license to flip a property.  All you need is an agent to submit the offer to purchase and then sell the property.  

Feb 18, 2018 08:09 AM
Ambassador
4,011,134
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Well there's a bit more to being a successful flipper than a license.

Feb 18, 2018 07:45 AM
Rainmaker
1,378,717
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Shawn Moore You do not need a real estate license to flip real estate properties.

Feb 18, 2018 06:32 AM
Rainmaker
3,298,847
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Whatever works for you. Many flippers are not licensed.

Feb 18, 2018 05:59 AM
Rainmaker
4,797,386
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Not required.  And probably better if you have a good agent unless you're good at marketing.

Feb 18, 2018 05:49 AM
Rainmaker
766,861
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

You do not NEED a licensee to be a FLIPPER.

The reality is, if the flipper IS LICENSED, they are encumbered greatly in what they can do.

The flipper should be working for PROFIT. The flipper should hire those who are willing to work for tips. If the flipper does not have a 'list' they would be foolish to think they will derive maximum benefit without agent assistance.  Your question suggests you do not understand fully what agent assist could mean.

Feb 18, 2018 05:40 AM
Rainmaker
4,432,217
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

It is up to you 

Feb 18, 2018 03:37 AM
Rainmaker
565,413
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

You would be wise to use a REALTOR for these transactions.

Feb 17, 2018 09:10 PM
Rainmaker
3,983,315
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Depends on the state as to if and how many you may flip in a year before needed the license

Feb 17, 2018 09:09 PM
Rainmaker
1,009,426
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

It's doable either way and probably easier without. No discloure required.

Feb 17, 2018 05:48 PM
Ambassador
3,983,135
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I have many flippers in my real estate prelicense class that never intend to get their licenses but just want the extra knowledge. You do not need a real estate license but do need a good real estate licensee working for you.

Feb 17, 2018 04:05 PM
Rainmaker
1,598,018
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

You got here great answers. Good luck.

Oct 11, 2018 12:43 PM
Rainmaker
1,158,975
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty

Great answers are here. 

I hope your question was answered.

Oct 11, 2018 12:39 PM
Rainer
69,338
Shawn and Angela Miller
Berkshire Hathaway HomeServices Amabassador Real Estate - Lincoln, NE
Lincoln and Omaha, NE REALTORS®

Buyers do not normally pay a commission to buy a home.  When it's time to sell your flip, you could For Sale By Owner it if you have the knowledge and time.  You could just pay out a smaller commision to a buyers agent if they brought you a buyer.

Being licensed, a broker would have to hold your license and most likely take a portion of your commission earned on the buy and sale.  Plus you would have to  pay for the license, renewals, and conitnuing education. Plus you have to follow rules and disclose your an agent each time.

I did one flip and it was worth it money-wise, but a pain in my a$$.  Literally, I did a lot of the work myself and I was sore.  Our broker lets us do one "free" buy or sale each year of our personal properties, so it worked out commision-wise.  Still had to pay out to the buyer agents though.

Feb 28, 2018 01:53 PM
Rainmaker
739,862
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

I would rather represent than flip! (Been there, done that) I no longer represent...because I'd rather be doing what I'm currently doing!

Direct short answer to your question: If I where successfully flipping homes I would not consider obtaining a real estate license for myself (long story).

Feb 22, 2018 09:50 PM
Rainer
139,975
Harjeet Bhatti
MB Financial Bank - Schaumburg, IL
Home Mortgage Consultant 44 States

More rewarding to have license. 

Feb 19, 2018 06:14 PM
Rainer
1,810
Shawn Moore
Shawn Moore - Salt Lake City, UT

Ok, it looks like I need to clarify the question.  I know that you don't NEED a license to be a flipper.  That's not the question, the question is if I'm the one flipping, will it be more financially rewarding for me to have a license, vs paying a separate realtor?  It seems that even with the restrictions of disclosure, etc, I would get more money in my pocket if I had the license and was paid the commission, vs paying this to a separate realtor. 

Feb 18, 2018 04:19 PM
Rainmaker
3,053,541
Tony and Suzanne Marriott, Associate Brokers
Haven Express @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Ron and Alexandra Seigel nailed this one!

Feb 18, 2018 04:52 AM