Formal Education? Is it worth it?

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Real Estate Agent with Weichert Realtors-Jenkintown Pa RS332266

I just recently re-read this quote that captivates my experiences and my feelings regarding formal education.

 

" Your formal education will make you a living, your personal education will make you a fortune"

 

I strongly believe as a Real Estate Agent,  my personal education is extremely important when dealing with the roller coaster ride of the real estate business.  There are so many things to learn about- emotion, buyer's and seller's motivation, sales, persistence, growth, law, and on and on and on.  You just cannot learn it all in a classroom in a formal setting and/or online class. Your personal growth is the pursuit of higher learner that begins the day you graduate from college. Commencement is the beginning of your education, not the end.  It's an amazing feeling to seek knowledge.

I wish all the best of luck in this endeavor!

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Rainer
40,813
Juan Jimenez
A House on a Rock Home Inspections LLC - Richmond, VA
The Richmond Home Inspector

Preach it!

Jan 11, 2017 04:45 PM #1
Rainmaker
119,558
James (Jim) Lawson, DBA
DomainRealty.com LLC - Bonita Springs, FL
Broker Associate, RSPS, BPOR, HI & PE

Formal education can significantly, but not necessarily, improve one's analytical abilities. Framing issues and using inductive and deductive reasoning is a valuable asset in real estate. 

Disagree with the quote. Many folks without formal education also don't earn fortunes and some people with lots of formal education become wealthy. 

Like the question Deborah.

Jan 11, 2017 07:35 PM #2
Rainmaker
3,184,641
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

i like that quote and I am a big believer that it is true many times.

Jan 11, 2017 07:59 PM #3
Rainmaker
372,668
Nathan Gesner
American West Realty & Management - Cody, WY
Broker / Property Manager

I agree with it. I network with a lot of enterprenuers and a large majority of them are successful because of their self-education, not their formal.

Jan 11, 2017 09:00 PM #4
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I do like what Jim Rohn has to say and I feel like a formal education is important for an understanding of the world. That being said I knew I was a sales person when I was 8 years old selling candy for my older brother and sister. IBM was not for me.

Jan 12, 2017 09:50 AM #5
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Rainmaker
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Deborah Spence

Awesome Realtor serving Philadelphia and suburbs!
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