|#1 Today, 11:00 PM|
| Real Estate Education-the Bar Is To Low |
I have made comments on numerous threads about what I perceive as a major problem with the real estate industry, that problem being the minimal requirements to become a licensed agent. I believe that this problem is a significant contributor to the poor reputation that real estate agents in general have. I also believe that this problem is a significant contributor to the plethora of under-educated and incompetent real estate agents.
I realize that each state makes it's own laws for real estate agent education requirements. Below are the current minimum education requirements in Tennessee to become licensed or certified in some selected professions:
I am curious to know what the State requirements in other State's are for similar professions and would appreciate feedback on that.
It doesn't take a rocket scientist to see how low the bar is for someone to become a real estate agent. Additionaly, once a person gets their license, all they have to do is send the NAR their annual dues, take a COE course, and they are a Realtor.
I realize that the NAR doesn't make State law. However, there are a number of things that the NAR could do that would raise the bar in order to become a Realtor. Some of these could be a required mentorship, minimum transactions, earning certain designations, etc. I believe that something along these lines would greatly improve the credibility and reputation of Realtors. I'd like to hear your comments on any of the above.