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Calling for Higher Standards in Real Estate Licensing Education

This topic has been discussed often and I am sure this post would not be the last. I have a few thoughts to add with respect to higher standards in real estate education:

In my recent experiences with some local real estate schools, it seems that the schools do not employ high quality trainers/ educators/ instructors. Class time is spent on unimportant topics at the beginning and not related to subject topic only to scramble in the last hours briefly mentioning about what IS important.

To make matters worse, the instructors either hand out the correct answers or the class takes tests together ie as a class discussion.

There is no need for students to think, learn and apply class materials to pass the tests!

Quite honestly, I'm ashamed that this is the amount of respect we have in our real estate classrooms, then we call ourselves "Experts" in our industry???

Fast forward 2 or 3 months later, the rookie agents go to apply Real Estate Principle knowledge, write Contracts and discuss Real Estate Agency with his/ her clients.

Now I see how and why we - the real estate agents make so much mistakes in the process. We can't even write a contract correctly to present to the other party.

Calling for higher standards in real estate licensing education is NOT the answer, but it may be the first step we, in the industry can take more respect in passing students who can apply the knowledge they learnt in real estate school.

PS: Know why it is so embarrasing for us to compare ourselves to attorneys, doctors and accountants when it is easy for us to do that? At least they are the cream of the crop.

PPS: ATTENTION ROOKIES: You haven't learnt anything at all in real estate school. Hence, it is very important to locate a broker that can shape success at the beginning of your career. Quit worrying about broker commission splits.

I can't say this better than Lenn Harley can in her post, Stop Guessing... Ask Your BROKER.

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Contact:

Loreena Yeo
Realtor®/ Broker of 3:16 team REALTY
(214) 783-2210
loreena@loreenayeo.com

Super-serving Frisco, Plano, Dallas, McKinney, Allen, Little Elm, Prosper, Celina, Richardson, Dallas M-Streets, Dallas White Rock Lake area communities and other surrounding areas.

Posted by Loreena Yeo - Broker|Realtor(R) of Frisco-TX-Homes (214) 783-2210 on 09/18/2009 10:22 PM

Comments (10)

Calling for Higher Standards in Real Estate Licensing Education in the Training Channel

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Originally posted at: contributing Frisco Texas Real Estate Opinions & More!: Calling for Higher Standards in Real Estate Licensing Education

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10 Comments on Calling for Higher Standards in Real Estate Licensing Education

SEP

Our instructor was so bad that our class was one of the last he taught ~ he's gone............

Here in Illinois, they are talking about changing the prelicense education. They want everyone to become a broker and do away with the salesperson licence. There would still be a differentiation to establish the brokers from the managing or supervising brokers. A lot of agents have complained about this saying they don't want to be a broker. I personally like the idea. I am all for requiring more education and training. The only thing I am not for is the additional fees they would require us to pay!

SEP

Is there no licensing exam administered by the state in Texas? That would at least require the schools to teach to the test. Is the state test not changed often enough to force takers to really learn the material?

In Oregon we have such an exam. It's a multi-hour, comprehensive exam. But even it is too easy and the minimum passing score of 70% is way too low.

The best way to prepare for it is through an on-line school: the material is there for all to see. There's no hurry at the end of the course. There's no toe-tapping to let a student know what to remember.

Educational standards here need to be tightened: both before and after licensing.

I agree, the requirements should be much more stringent. The system relies on brokers to train their agents which unfortunately doesn't always happen.

Loreena,

We are finishing up the transition to all-broker in North Carolina. No more salesperson licensing.

It is a help, but still a very easy license to attain, and way too cheap. Licensees don't have enough invested in the process to work aggressively to educate themselves and support their licenses.

Loreena:

In Massachusetts we have to take CE courses every two years in order to renew our licenses. I have been pushing for them to be available on-line since my experience with the courses has not been good. You are basically filling a seat for two days. The instructors almost never follow the curriculum that they pass out to you. The two days are filled with stories and anecdotes more than anything constructive. I always feel that it is a waste of my time.

I agree with you that there should be higher standards but right now I just don't think it's a reality.

Mike:

I find that very interesting about "all-brokers" in North Carolina. I had not heard about that.

Hi Loreena... I couldn't agree more. If we took pre-licensing education more seriously, I think that there would be an improvement in public perception and respect of our profession.

That is basically the same thing in LO School. You learn some basics, but really you are not learning the job itself. To do that, you need a good mentor or take additional classes. I think it does start in the classroom, like you said.

p.s. OU played well this weekend.

SEP

Many new agents think they can take on real estate on their own. Wrong! I was mentored for 18 months before I went on my own. He was there every step of the way during those rookie years. We all make rookie mistakes. This is how we become experts. The person must have the heart of a teacher. Great post thanks for the reminder. I am here to serve in Phoenix, AZ.

We are very luck in New Hamphire to have some fine instructors. Our RE commission review their course content and audits their classes... they also get feedback forms from paticipants. I believe it has to start with the education. Sadly some of the "older" brokers haven't been to classes in a long time and they are not a good source of information... sorry Lenn.

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