Qualifying as a realtor to save on commission
My wife and I are thinking about selling our home and are very upset about the prospect of losing 6%+ of our home value on commission. We live in Texas.
We both have careers that are unrelated to real estate but we love and understand a little bit of the real estate market. From what I understand, in the USA it is not mandatory to use a realtor for selling your home, but obviously we would be super cautious about it.
With that in mind, and considering we want to do real estate in the long term, is it possible, does it make sense, and what are the potential risks of either getting a realtor license or simply watching all the real estate school courses (without getting a license) in order to save on that commission in the long run and deal with all the businesses ourselves?
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