A caller recently asked me, "Should I work with an agent or a broker?" The short story is active agents in California have a broker, some agents are associate brokers but work under another broker's license and some brokers actively sell property and own/operate a brokerage. My response to the prospective buyer was, "You are probably already working with an agent and a broker."
When it comes to selecting a real estate professional do you make a wish, toss a coin or do a little research?
The question was posed after the buyer notice my title changed from "Agent" to "Broker" earlier this year. There was no magical transformation in my ability to represent my clients. I began taking the broker college level courses several years ago for the added knowledge rather than the designation. It wasn't long before I completed all the requirements to obtain a broker's license. From appraisals to law, I enjoyed them all.
I found it to be beneficial to me to have a better understanding of topics touched upon in the required agent courses, and to have increased knowledge in all things associated with a real estate practitioner. There is no doubt the additional education is a benefit to my clients as well. Experience coupled with education packs a powerful punch.
With the arrival of 2011 I selected a March test date, and although I began the classes in 2004, I did not sign up for a refresher course. I must admit during the course of the 5 hour exam, I wondered if that decision was the best one I ever made, but it was too late to second guess myself. I powered through the exam--at least five test takers threw in the towel and walked out. Maybe more, but I kept my eyes glued to the test as the roving "guards" were on the lookout for copy cats and cheaters.
I passed the test, and I suppose one of the biggest benefits is now prospective customers and clients know I continue to improve my education and knowledge to better represent their interests.
It's about them, not me.
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