The Elevate and Execute Podcast

Why You Shouldn’t Get Your Real Estate License


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Episode: Why You Shouldn’t Get Your Real Estate License

Hosts: Kyle Fernandez, Brian Preston, David Ounanian

Episode Summary:

Following up on their last episode (“Should You Get Your Real Estate License?”), the guys flip the coin and get brutally honest about all the reasons not to. From hidden fees and time sacrifices to liability issues and wild scheduling demands, this episode is a real talk breakdown of the overlooked downsides of being a licensed agent.

Whether you're a full-time investor considering getting your license or just someone thinking about a real estate side hustle, you’ll walk away with a much clearer view of what you’re really signing up for.

What You’ll Learn:

  • How licensing obligations can legally prevent you from closing off-market deals
  • Why agents are held to a higher ethical (and legal) standard—and how that can cost you
  • All the hidden costs: dues, memberships, MLS access, broker fees, and more
  • Why most new agents don’t make money for 6+ months
  • How working nights, weekends, and holidays is the norm—not the exception
  • The financial trap of not saving for taxes as a 1099 contractor
  • The emotional stress of working nonstop with no guaranteed income
  • What really happens when mistakes hit the closing table

Notable Quotes:

“You go from answering to one boss to answering to every client.”“Real estate is the most expensive part-time job you’ll ever have if you don’t do deals.”“That schedule you think is flexible? You don’t own it—your clients do.”“One missed line on a contract can cost someone $10,000.


⚠️ Content Note:

This episode contains explicit language and a candid discussion of financial and emotional stress in real estate.

Subscribe & Review:

If this episode opened your eyes or gave you a reality check, subscribe to the podcast, leave a review, and share it with someone thinking about getting their license. Real estate is a powerful career—but only if you know what you’re walking into.

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