Too Easy to Keep your license??? PART TWO

Real Estate Agent with Nevada Perfect Homes B58356

There are too many HACKS in our business, and why not, it only costs about $1500 a year to maintain. If you sell one $200,000 at an average commission of 3% (no anti trust issue here, just an AVERAGE, don't freak people)... You only need to sell one home every four years to break even.

There are far too many people doing this part time and half hearted. Here in Las Vegas it has gotten so bad that you no longer even need a drivers license when you get stopped by the police... That's right, no drivers license required anymore... When the cops pull you over they ask to see your REAL ESTATE LICENSE... Why??? Because not everyone has a drivers license!!! If you are a card dealer, cocktail waitress, bartender, or valet parker you too can be a REALTOR...

The problem is that if you do not do this full time you can not be well informed, you have no clue of the inventory, no clue of fair value pricing, forget being well trained, and you have no shot of knowing your stuff... So you are a HACK when it comes to representing your clients, doing the industry harm and doing your clients a major disservice because for you it is all about the commission not the client.

For a professional REALTOR, the goal is customer service, our commissions come with the fact that we take care of our clients and we get the long term referrals. For the part time agent it is all about the $$$$...

I say it should cost an average of two sales a year just to pay for your license for one year. So then all the part timers would bail out of the business because it would no longer be profitable to them. When they bail (and that would be 70 to 80%) the business they are doing would come to the rest of us. We would have more business then we know what to do with. The few of us that remained would have customers chasing us to give us the business, not the other way around..

I say instead of $1500 a year (between license fees and MLS dues), it should be $10,000 a year... Let a part timer pay that!!!


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Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos

Well, Richard, you might want to quick put on your flame retardant suit before too many part time agents get their flame throwers lit and aimed at your behind ! 

Sep 02, 2008 08:58 AM #1
Daisy Montano
The Saavedra Team - Phoenix, AZ

Great information. Thanks for the post.

Sep 02, 2008 09:19 AM #2
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Richard Foster

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