From Denver RE Investor to CO RE Agent
Denver Real Estate Investors become Agents
The housing boom gave a lot of Denver real estate investors the hands-on training and competence of a savvy real estate agent. Having worked through the explosive boom and then bust phase of this market, many of these real estate investors earned their stripes to enter the ranks of the professional real estate agent set.
Formal Training
Many existing real estate agents are concerned that if the flood of real estate investors that flowed into the market over the past several years take on the training to make them a Colorado real estate agent, the already tight competition will get worse. In reality, many real estate investors are already competent real estate agents. It is for the handful of real estate investors that don’t hold a real estate licenses that many education sources exist.
Resources are not limited to existing real estate agents, and maintaining the integrity and training of anyone calling themselves a Colorado real estate agent can only help the perception of the whole. While some real estate investors can succeed without a real estate license, there viability to prospective clients will be enhanced if they do hold one.
Education Options
Any Denver real estate investor interested in pursuing formal training to obtain their real estate agent license can look to several sources within the real estate market. First and foremost, MLS.com offers real estate courses in pre-license, post-license, brokers’ pre-license and continuing education. These courses are available to real estate assistants at half the agent costs, and are available online. Each course is set to cover information covered in specific states’ license exams.
Real Estate Investment Association offers some continuing education training seminars for real estate agents that are specifically target real estate investors and how to assist them. The REIA is very supportive of the proposition of educating Denver real estate investors to help them become licensed, professional Colorado real estate agents. By leveraging their experience earned in the housing market, the expectation is emerging real estate agents with the know-how to deal with extreme market situations like we have faced over the last few years.
Going Forward
As the housing market continues its path to level all around the country, the need for more savvy real estate agents with “in the trenches” skills is palpable. The experience of successful real estate investing in the Colorado market has given Denver real estate investors a leg up in becoming skilled, licensed Colorado real estate agents.
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