Do you want to be a real estate agent simply to handle your own real estate transactions? Take the prelicensing class to learn about your local real estate laws and customs, but delay getting your license until you are sure it's the best solution for your needs. There are pros and cons associated with being licensed if you do not plan to work it as a career.

Agents must always disclose that they are licensed agents when dealing with the public, and that includes for sale by owner sellers. Have you seen real estate classifieds that say “no agents”? They're fairly common. Disclosing your agent status to a seller who has already made the decision to sell the property on his own is often an immediate turnoff. They sometimes won't even talk with you.

Real estate agents are governed by a state licensing board and they are expected to adhere to and stay well informed about local and federal real estate laws. That doesn't mean you can neglect the law if you remain unlicensed, but if you become an agent and make an error during the transaction, you are subject to reprimand and discipline by your state licensing board

Agents do have early knowledge of new listings and they are in the right place to learn about properties before they even go on the market. An agent's ongoing experience gives her valuable insight into the local real estate market, making it easier to recognize when a property is truly a good buy.