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Oct. 30, 2006 - New member ethics class

By
Real Estate Agent with Prudential Verani Realty

  

I taught the new member ethics orientation class for our state association on Oct 30.  We hold this class once a month and have 2 sessions one in the morning and one in the afternoon .  Interesting that the member numbers are way down this month. Usually we have about 100  + new members come through the class but this time both sessions came in under 50! 

 I also teach orientation at my local board and at our last class the numbers were also way down. We had scheduled a class, thinking we would need one for October based on last years figures but ended up cancelling it. Hmm...I 'm thinking that it reflects the changing market and the realization that maybe easy money is not to be made in real estate sales anymore. 

Over the past 22 years that I’ve been in real estate sales, I've seen this cycle before...the lure of easy money will be replaced with the understanding that this is a job that requires hard work.  I think we'll see a weeding out of agents and only those committed to continued training and giving quality service will be left standing in the end. 

I don’t think this is such a bad thing at all. Never fear change…but look forward to experiencing the newness of change and the growth that comes along with it.

 

Jay McGillicuddy
Berkshire Hathaway HomeServices Verani Realty - Exeter, NH
Real Estate Broker
Hi Honey,    
                       I think you are correct that when the market changes less and less people come in the business an many will probably leave. It's back to basics for most of us as the last few years have been gravy. Keep up the good work.
Nov 01, 2006 12:04 PM
Monika McGillicuddy
Prudential Verani Realty - Atkinson, NH
NH Real Estate Broker

Thanks jay.

Nov 01, 2006 12:14 PM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

I have received some emails from new contracts that it will happen, at least here in my state, I have not asked.

Ray Saenz

Nov 01, 2006 02:00 PM
Monika McGillicuddy
Prudential Verani Realty - Atkinson, NH
NH Real Estate Broker

Do you mean that in your area you're seeing a membership drop off as well?

Monika

Nov 01, 2006 02:09 PM
Linda Davis
RE/MAX Home Team - Gales Ferry, CT
Unfortunately, in my area the trend is still upward as far as new members.  I suspect that might change as annual dues etc. come due for the new years.
Nov 18, 2006 09:25 AM
Monika McGillicuddy
Prudential Verani Realty - Atkinson, NH
NH Real Estate Broker

Linda,

My local board orientation this past Thursday had 9 new agents in the class...we usually have anywhere between 35-40. Numbers are way down in NH. Is your market still strong in general...making it enticing to become a REALTOR? 

Nov 18, 2006 12:12 PM
Patrick Sharples
Realty ONE Group - Anaheim, CA
Commercial ~ Investment ~ Leasing ~ Residential
Considering we have some ridiculous number of agents here in CA, I can't wait until more agents drop out of the business. When the market was red hot, we saw too many people getting into the market who had no morals, ethics, business sense, or anything else. This ever changing market should weed out a bunch of the crap.
Dec 04, 2006 04:59 PM
Patrick Sharples
Realty ONE Group - Anaheim, CA
Commercial ~ Investment ~ Leasing ~ Residential
Considering we have some ridiculous number of agents here in CA, I can't wait until more agents drop out of the business. When the market was red hot, we saw too many people getting into the market who had no morals, ethics, business sense, or anything else. This ever changing market should weed out a bunch of the crap.
Dec 04, 2006 04:59 PM
Monika McGillicuddy
Berkshire Hathaway HomeServices Verani Realty - Hampstead, NH
Southern NH & the Seacoast Area

Patrick,

Our numbers are way down still! We just had our Nov. class and we  were  well over 50% less than normal...so we're seeing the drop off up here in NH. 

Dec 05, 2006 12:40 AM