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Finally after 100 years, Real Estate agents will no longer be "Untouchable"

By
Real Estate Broker/Owner with Antonelli Realty 3137972

Finally after 100 years, Real Estate agents will no longer be "Untouchable" and it will no longer be an easy profession to get in to. By making the test harder you'll have to know more than how to tie your shoes and count your fingers and toes to be licensed. When the government steps in we should probably lose about 1/2 the agents across the country. I for one am happy that when we get rid of the "Bad Apples" this may elevate the Realtor business to acceptable status. No more being looked at like shysters and used car salesmen (or sales people).

Comments (11)

Kathy Toth
Ann Arbor Market Center Keller Williams - Ann Arbor, MI
Ann Arbor Real Estate Experts - Kathy Toth Team

Really, what has changed the perception, did I miss something?

Hey Paul, now here is the way to start out a day!  Inspire!

http://www.youtube.com/watch?v=xPITHzdUUDk

 

Aug 17, 2010 12:00 AM
Maureen McCabe
HER Realtors - Columbus, OH
Columbus Ohio Real Estate

there is a change in the test in Florida coming up? 

Aug 17, 2010 12:00 AM
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

I disagree * the tests have gotten EASIER.  Having taken 3 sales and 3 broker tests in 45 years, the most recent broker exam for VA was MUCH HARDER than my first broker exam in Hawaii in the 70s and exam in CA in the 80s..,.,

Aug 17, 2010 12:06 AM
Mike Mayer
Mike Mayer, Broker/Owner - i List For Less Realty, LLC - Lafayette, LA

Try getting licensed in Texas: 210 hours. A Broker license requires an additional 900 hours in addition to the experience.

Aug 17, 2010 12:11 AM
Gordon Sloan
Group1 Real Estate, selling houses in Salt Lake City Utah - Salt Lake City, UT
Salt Lake Homes For Sale, Salt Lake Real Estate

Mike, are we in for a change nationally?

I like the Texas model.

Aug 17, 2010 12:28 AM
Brian Rugg
Rugg Realty LLC Sun City Texas 512-818-6700 - Georgetown, TX
Sun City TX Real Estate - Georgetown, TX Real Est

Hello Paul:

 

I am confused.  Is this a headline you wish were coming true?  If this is true what makes agent untouchable?

On another facet of this be careful what you wish for.  Government intervention into anything, especially trying to limit competition, is a disaster waiting to happen.  Please, no more government involvement to control our industry.

Aug 17, 2010 12:55 AM
Mike Mayer
Mike Mayer, Broker/Owner - i List For Less Realty, LLC - Lafayette, LA

I'm not aware of any national change. I'm not sure what Paul was referring to. It may be that Florida is adopting tougher guidelines.

Texas is, and has been, the most difficult state in the union to acquire licensing. Although I must confess, Louisiana, with its Napoleonic Code is 'unique' as it applies to real estate. I heartily endorse strong educational requirements for licensing and practice.

Aug 17, 2010 01:02 AM
Paul Antonelli
Antonelli Realty - Saint Cloud, FL
Broker Owner; Antonelli Realty

   No, there has been more news about this lately. If you watch CNBC or CNN Tv watch the housing reports and they usually go into it more.  Like they all say, you always hear of the banks the banks or those mortgage brokers, and lately appraisers. Well now the government is going to start some refom on the Realtors. And its already started, they took away agents other sources of income like kick backs on home warranties.

   Just wait until it really gets going. Agent short sold or foreclosed on their home, they lose their license. Just like what they are doing with mortgage brokers, by delving into their credit, Realtors can expect the same.

Aug 17, 2010 01:10 AM
Mike Mayer
Mike Mayer, Broker/Owner - i List For Less Realty, LLC - Lafayette, LA

"Other sources of income"? You're a real estate agent; your 'source of income' involves a Closed Transaction, a successful sale.

Paul, I'll gladly debate the "kickbacks" as you properly identify them regarding home warranties. In fact, Texas removed these payments over 12 years ago and for good reason. Compensation for merely suggesting a warranty company is not "earned" and every professional should encourage their clients to consider the merits of having one. When this went into effect, the warranty companies immediately lowered the price of plans equal to the amount of the "kickback" saving the consumer money. You might want to re-read the Code of Ethics: Duties to Clients and Customers, Article 1 "...promote the interests of their client. This obligation to the client is primary..."

Aug 17, 2010 01:29 AM
Don Spera
CR Property Group, LLC - East York, PA
Serving York and Adams County, PA

This is my own personal opinion.  I believe in more stringent guidelines to become a Realtor.  However, no matter how much education you need or how hard you make the test, does not make an ethical Realtor.

I think a lot of the responsibility should be on the Broker/Owner before they actually bring the agent on board. We need to stop hiring licensed people that can just steam a mirror or have a pulse.  they need to have other attributes.  I believe before the hired agent goes out on the road by themselves and starts dealing in Real Estate, their should be a probationary period and has to have a mentor for that period of time.  There are way to many agents that are left to go out on their own without proper supervision, and that is what is giving us all a bad rap. 

I relate somewhat to what is happening with the market.  You can lower the interest rates as much as you want, but if people don't have the credit scores or a job, then it becomes irrelevant.

Aug 17, 2010 02:40 AM
Paul Antonelli
Antonelli Realty - Saint Cloud, FL
Broker Owner; Antonelli Realty

   I love that. I wish all new agents were made to have so many hours in before they went on their own. They should all have a mentor for what ever amount of hours. They should all have experience going over contracts, talking with new clients, dealing with title companies etc etc etc. Then and only then should they graduate to dealing on their own. They would probably feel more comforable, know what the business really entails and be ready to handle it.

Great Point

Aug 17, 2010 02:49 AM