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Swim When Your Ready- Becoming A Broker

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Real Estate Agent with New Home Team VA#0225195155

Swim When Your Ready- Becoming A Broker

 

When I was young, I had no idea what I wanted to do with my life. At one point, I recall looking through the local community college class schedule, they offered real estate classes. I recall there was one class to be an agent and another to be a broker. I recall thinking, well if I was going to do this, I would have be a broker. If they had a separate class and it required more house it had to be a higher position. Then, my interest wandered to something else.

Years later, I actually entered the world of real estate. In Virginia you have to be a full time agent for three of the last five years before you can take the classes and apply to be a broker.  As my third anniversaly in real estate approached, I signed up for the online broker classes. Perfect, slow time of the year, I would  have free time for studying. it doesnt always work that way. My wife and business partner hurt her foot, we fired out assistant and i had to train a new one... one thing after another.

Several moths pass and one day I have an extra hour so I log into the online tests. I receive a notice my account is about to expire. I call the school, there is a time limit on the class. Fortunately, I had spend the hours to complete most of the classes. So I am faced with completing the classes with a short time or re-enrolling and paying full price again.

No way was I going to pay for the same class twice! So I barricaded myself in my home office. I read, studied, and took online tests. I finished the class and passed the schools test. Then came the hard part, the test required by the state.

While I didnt feel prepared, I hit a wall. I couldn't do it anymore.. Pass or fail.. just take the test and be done.

I passed the first time!

I felt lucky, exhausted and elated.

Was it worth it, yes! In Virginia the real estate laws limit somethings REALTOR can do. Being a broker allows me the freedome notallowed by agents. I became broker of record for our property management company and have been offered the Broker of Record position for our Keller Williams office. I turned down the position because I think we need someone with more years in the business. But I am honored to be asked.

Posted by

 

Scott Fogleman


Real Estae In Richmond

New Home Team

Lynchburg Luxury Homes

804-573-9592

scott@scottfogleman.com

New Home Team

For new Homes or homes new to you!

 

Keller WilliamsRichmond, Lynchburg, Roanoke VA

Scott Fogleman is a Realtor serving Richmond VA, Lynchburg, VA, Roanoke,VA, and Smith Mountain Lake, VA. He is licensed in the state of Virginia.

Keller Williams

 

 

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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

You discovered what I did when I took my first broker exam in MD, it's easy.  Same thing in Virginia.

May 14, 2014 10:39 PM
Scott Fogleman
New Home Team - Richmond, VA

Lenn- Not sure it was all that easy. i had no clue on the first three questions and said a few choice words. The hard part was most of the questions do not have much to do with the actual practice of Real Estate.

Glad we dont have to retake the test every few years...

May 14, 2014 10:51 PM
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

Thanks for your entry in the Swim When You're Ready contest for May, Scott.  A good leap into the waters and a self-taught swimmer.

May 15, 2014 02:30 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Scott- good for you!!!!   It sounds to me that once you decided you were in... you did what it took to become a broker.  It was an honor that they asked you to be the Broker of Record in your office, and when you feel you're ready, the opportunity will come up again. 

May 15, 2014 11:00 AM
Donna Foerster
HomeSmart Realty Group - Parker, CO
Metro Denver Real Estate Assistant

Hi Scott~ Thanks for sharing your story and your entry in our contest!

May 18, 2014 04:50 AM