Do You Need A Real Estate License To Flip Houses In Illinois
Camila Farah
If you are not currently required to have a contractors license to flip houses in your locale or you decide against getting one always be sure to hire the right people for your rehab team.
There s no law that says you need a real estate license to flip houses professionally. You buy a property you flip it you profit. Studying for a real estate license tests lays a great foundation for house flippers of all the details vocabulary and forms needed to buy and sell a home. So technically you can skip the state exam that aspiring agents have to take on your way to becoming chip and joanna gaines though they are both realtors by the way.
In most cases the answer is no. Does this require a real estate license. However it is not necessary to have a real estate license to flip houses professionally and should be a decision made on a case to case basis. If house flipping is something you see yourself doing more than once a year being your own real estate agent could be the best option.
You don t need your real estate license to become a house flipper but it s a good idea to get your real estate license because it will open up more opportunities for you throughout the process. You should get a real estate license to flip houses only if the advantages make sense for you and your house flipping business.
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