Great question that no one asked. 😛
– I am a real estate agent b/c California is stupid. I am not a Realtor.
– Never listed a home for sale. Zero professional experience working on the seller-side of transactions. If anything, my empathy for the buy-side would put me at a disadvantage. I also don’t know the “things to watch out for” on the sell-side, I’ve hundreds of anecdotes and experiences on the buy-side, but those aren’t necessarily relevant.
– Already at capacity w/ work, can’t take time off of work to learn all the things to do it and do it right. This calculation might be different if I had vacation time to burn that was “use it or lose it” at some sort of W2 job. Even if rates were up, like they were in 2018… wouldn’t change it, 2018 was my then-record year (if curious, my conclusion at this point is that rate movement is what makes us busy… rates down = refi refi refi refi. Rates up = fomo buy fomo buy fomo buy fomo buy. Rate stability, thinking back, is when it gets slow/boring around the office).
– Not willing to take time away from family time to learn all the things to do it and do it right. This calculation might be different if I didn’t love my family. Or if I was retired and could just make it my “old person putz about” hobby, instead of model trains, or shitposting Trump memes on facebook, or whatever other things retired people do.
– Could also just throw it on zillow/craigslist with cell phone pics rocking iPhone filters and half ass it. I believe that will cost me more than 2.5% or 5% (my market is 5%, not 6%). People are emotional, the dumb little things do make a difference. I’ve had way too many clients get a slamming deal on a FSBO, or a listing with a listing agent that’s clearly a part timer type (best ever was the 6000 ft 3/1.5 SFR… it was actually a triplex, 3 beds, 1.5 bathrooms… TIMES THREE! As a 3/1.5 single family home it was priced horribly, so my dude [who picked up on the sq ft oddity] was the only offer on the vacant ready-to-rent triplex, and this was in the SF Bay Area!)
So there you have it. In answer to the occasional “should i get my license just to sell my house” questions. Boom, already have the license, but also have worked on several hundred real estate transactions (buy-side only, and not doing the Realtor stuff), and with that in mind: Nope, still doesn’t make sense. If I had the license, but not those hundreds of transactions under my belt, I might have reached a different conclusion due to my inexperience/ignorance.