Newbie Questions

**baltimore410** · 10-06-2008, 10:31 PM

Hi guys/ladies im new here and to real estate all together, im ready to go to a 60hr class to go for the salesperson license. My question basically is, is it worth doing? What exactly can you do with that license? Or could I buy and sell say foreclosures on my own without any licenses? I have alot of questions if someone doesn't mind answering them? Thank you in advance for any help.

**jvcus17** · 10-07-2008, 05:51 AM

well im not really sure with your concern because i haven't did that anyway welcome to the forum..good luck..

**Codythebest** · 10-07-2008, 06:47 AM

It depends what you want to do.If you want to sell other people properties, thn yes you have to have a license. Now, if you want to buy foreclosure for yourself and make money that way, you better go without a license. You'll have more freedom than licensed...

**baltimore410** · 10-07-2008, 09:10 AM

Originally Posted by Codythebest

It depends what you want to do.If you want to sell other people properties, thn yes you have to have a license. Now, if you want to buy foreclosure for yourself and make money that way, you better go without a license. You'll have more freedom than licensed...

How do you get free lists of foreclosures, from the bank or do you have to resort to paying a site for that information? Also is it legal to buy a home for cheap and flip it without doing any work on it? Someone told me that it would be an "illegal flip" or is that bs?