The Elevate and Execute Podcast

Should You Get Your Real Estate License?


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Episode: Should You Get Your Real Estate License?

Hosts: Kyle Fernandez, Brian Preston, David Ounanian

Episode Summary:

In this episode, the Elevate and Execute crew debates whether getting your real estate license is a smart move—especially if you're an investor or entrepreneur. The team breaks down the costs, the perks, the misconceptions, and the real-life scenarios where having a license can help (or hurt).

From waiving commissions to win offers, to using your license for flips and investment purchases, this is a brutally honest look at whether becoming an agent is worth it for the average person—or just a distraction from building wealth.

What You’ll Learn:

  • How access to the MLS can help (but isn’t always necessary)
  • When waiving your commission can win a deal
  • Why using your license for flips can save massive money
  • The surprising tax and financing implications of taking a commission
  • Why some agents fail—and how to avoid the same fate
  • How to leverage a license without making real estate your full-time job
  • Why a reserve fund matters more than your down payment
  • The power of agent networks (and why non-investing agents send great deals)

Notable Quotes:

“You’re not just buying the house—you’re buying the responsibility.”“Taking your commission means you’re financing your fee for 30 years.”“The worst mistake new agents make? Thinking friends and family will use them.”“Don’t buy one rental. Buy three. Spread your risk, build your base.”

Subscribe & Review:

Thinking about getting your license—or helping someone who is? Hit subscribe, leave a review, and send this episode their way. Whether you're an investor, house hacker, or future agent, this one will help you make a smarter move.

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The Elevate and Execute PodcastBy Elevate Realty LLC and Agent David O.