Full Time Professionals vs. Part Time Hobbyist– Part 2

By
Managing Real Estate Broker with eXp Realty RB-19250

I may have insulted a few folks with my previous blog: Full Time Professionals vs. Part Time Hobbyist or Limited Service Agents

For the benefit of those who were insulted we need to take a 2nd look at what I said and what they are doing.  It is not a question of how many hours a week you work or what you charge for your services.  It is about the service you provide or the lack there of and the competency of what you are doing.

I recently responded to a blog that was somewhat tongue and cheek.  It disagreed with my point of view.  I responded with the following:

"I recently put up a featured post that you may be referring to.  I called part timers hobbyist, and mentioned that they rarely take quality education classes or gain designations.  In our state they are not eligible to get a brokers license (Thank God).In my travels I have met many, many part time agents.  A good part time agent is the exception and definitely not the rule.

I dread being on the other side of transactions with them.  The generally do not know the contracts or the time-line.  They rarely send in a complete executable contract.  They rarely keep the transaction on schedule.  For them this is not a profession.

You may be the exception, but I see the others as evil when you consider they are playing with the most expensive thing their clients own.  With prices in the 100s of thousands of dollars this is no place for amateurs."

When a member of the public hires someone to represent them on the sale of the $500,000 home they assume you know what you are doing and expect you are a professional.  You are handling their most valuable asset.

Do yourself and your clients a favor if you fall in the category of amateur or hobbyist:

  • Get proper training; take GRI, CRS or other similar classes
  • Team up with a full time professional.
  • Do not take on transactions you are not qualified to handle.
  • Know what you don't know, and either learn it or avoid it.

I am a very good residential Realtor.  I am constantly training and improving at it.  On the other hand I am not a commercial agent.  I do not have the expertise to give it the same level of professionalism that I can give residential.  With that said I do not sell commercial real estate.

I know most full time agents are nodding their heads in agreement as they read this.  Some part time agents may be offended, I apologize for that.  But the real question is: What part of what I said do you disagree with?

Posted by

 

--------------------------------------------------------------------------------------------------------

Randy L. Prothero, REALTOR®

Broker-in-Charge, ABR, AHWD, CRB, CRS, e-PRO, GRI, MRP, SFR

eXp Realty

Team Leader - "The Prothero Group"

Randy Prothero is well established as an expert in working with military / VA clients and first time home buyers.  His home seller's (listing) campaign is one of the most aggressive marketing programs in the area.  His luxury home listings sell faster and for more money.

Based out of Mililani, Hawaii. Randy services the island of Oahu (Honolulu County) Performs mediations and ombudsman services for the Board of Realtors.  To improve overall professionalism in his area Randy also offers classes for real estate agents. 

www.HawaiiRandy.comOahu (Honolulu County) Property Search  Hawaii Military Relocations

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Hawaii Honolulu County Mililani
Tags:
real estate
realtors
hawaii
real estate sales
century 21
mililani

Spam prevention
Show All Comments
Rainer
132,115
Lysa Napolitano
Daytona Beach, FL
Randy, I agree with you 100% on what you said but as I am not a licensed Realtor I thought perhaps I should just HUSH this time lol. Mahalo for making me always feel welcome tho!  
Feb 12, 2007 09:49 AM #24
Rainmaker
660,086
Randy Prothero
eXp Realty - Mililani, HI
Hawaii REALTOR, (808) 384-5645

Jeff - The proof on your friend is when you are on the other side of him.  He may be really good, but that would make him the exception.

Lysa - You are in and around the business.  Would you want to be represented by someone who does this as a hobby?

Feb 12, 2007 10:26 AM #25
Ambassador
3,914,193
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Randy well said.  The word Professional can have more than one meaning, but all the meanings I believe lead to the time and commitment that one dedicates to what they do and the way they do it.

Even at its most basic meaning it is referring to a persons chosen Profession.  A Profession is what you have chosen to do as your main occupation.  Everything else is just something that you do on a side.

Feb 12, 2007 10:38 AM #26
Rainmaker
662,099
Patricia Aulson
BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate - Exeter, NH
Realtor - Portsmouth NH Homes-Hampton NH Homes

I'm sure there are some very sucessful part timers but they are few and far between.  This is more than a full time job for the most part and need constant follow up so I don't usually tke the part timer seriously. 

Patricia Aulson/SEACOAST REALTOR/NH<ME & MA

URL:  www.patricia4realestate.com 

Feb 12, 2007 11:49 AM #27
Rainer
137,413
Rich Kruse
Gryphon USA, Ltd. - Columbus, OH

You are the man, my new friend Slam !!!!

  • Get proper training; take GRI, CRS or other similar classes

Response: As long as there is an understanding that these courses do not make the agent:  COOL.

  • Team up with a full time professional.

Response: I learned from some great guys, but know some others that have learned by doing, failing and pulling themselves up again.  Massive respect there !

  • Do not take on transactions you are not qualified to handle.

No problems there.

  • Know what you don't know, and either learn it or avoid it.

I would rather drive a spike through my (insert body part here) than work with buyers.  Cool by me, Mr. Slam.

What part of what I said do you disagree with?

Your headline should have been "Dumb losers that I don't like to work with"

That's just me.

R

Feb 12, 2007 12:22 PM #28
Rainmaker
787,230
Mike Jaquish
Realty Arts - Cary, NC
919-880-2769 Cary, NC, Real Estate

The feller in the next cube from me started as a part-timer.

He executed a plan that brought him to full time.

I respect his work ethic, integrity, humor, and drive and believe he wisely waited until the insurance paid for the baby delivery, and he had organized his database to make the FT jump.

Not for everyone, but he has taken off like a rocket, because he used his time to learn as much as he could and lay in a business plan.

Feb 12, 2007 12:23 PM #29
Rainer
132,115
Lysa Napolitano
Daytona Beach, FL

Just know bruddah Randy I back this one 100% and I'm pushing harder for you as the family RE Agent in the Islands.

Feb 12, 2007 12:41 PM #30
Rainmaker
111,252
Lewis Poretz
Apex Home Loans - Annapolis, MD
Business Development Manager
Randy -  great story -  I think that is what happens.... I know the mortgage business is that way -- you either get it or not  and if you get it - you go full time and make some decent money.....
Feb 12, 2007 01:22 PM #31
Rainmaker
660,086
Randy Prothero
eXp Realty - Mililani, HI
Hawaii REALTOR, (808) 384-5645

George - I personally would not ever want to be represented by someone who does it on the side.

Paula - Good point!  I have had offers accepted when they had multiple offers.  The reason given was they knew who I was and they new it would be a smooth transaction.  You know you are on the right track when your peers would prefer to deal with you.

Rich - Thank you for lightening it up. I agree with everything except the falling down and learning.  The problem is you are doing that on your client's dime.  No place for trial and error.

Feb 12, 2007 01:49 PM #32
Rainmaker
660,086
Randy Prothero
eXp Realty - Mililani, HI
Hawaii REALTOR, (808) 384-5645

Mike - That sounds like the right way to use part time.

Lysa - Mahalo, Mahalo, Mahalo

Lewis - And if you do not get it you mess up a lot of people.

Feb 12, 2007 01:53 PM #33
Rainmaker
49,337
Gary Nelson
RE\MAX Components - Abingdon, MD
REALTOR , CRS, CDPE, e-Pro, GRI

I started out part time when I first got my license, I wanted to make sure that this was the profession for me.  I quickly realized that A) I loved doing this work, and B) I needed to go full time to be as successful as possible.

One day, I made the decision (With my wifes permission) and went into to work and gave my notice.  I made 60K a year at this possition as a supervisor.  I got a stead pay check, I had benifits, and I had security.  Two weeks later, it was my last day and I left my job for my new career.  As I was heading home, I looked in the mirror and asked myself "What in the He** did I just do?".  It hit me and I will tell you, I was afraid of what the consequences might be.

Fortunately, I became successful; there has been some hard times, but mostly I feel that I have improved my lot in life.  I am a full time professional, and best of all; so is my wife.  Our livelyhood relies on your success so we do take this seriously.

Gary and Mary Nelson

Feb 12, 2007 02:01 PM #34
Rainmaker
660,086
Randy Prothero
eXp Realty - Mililani, HI
Hawaii REALTOR, (808) 384-5645
Gary and Nelson - Congratulations on making the leap.  It was a tough decision for me.  my wife who had more faith in me than I did encouraged me to go full time.
Feb 12, 2007 05:22 PM #35
Rainer
188,704
Laurie Manny
Long Beach CA Real Estate - Long Beach, CA

I have seen so many part timers come and go.  To be honest very few of them have had deals.  Most are hardly ever at the office or attending training.  What's the point?  If you are not going to learn your trade - you don't have one!

Feb 12, 2007 05:44 PM #36
Rainmaker
660,086
Randy Prothero
eXp Realty - Mililani, HI
Hawaii REALTOR, (808) 384-5645
Laurie - I agree I have a hard time figuring why many even have a license.
Feb 12, 2007 05:45 PM #37
Rainmaker
787,230
Mike Jaquish
Realty Arts - Cary, NC
919-880-2769 Cary, NC, Real Estate

"...I have a hard time figuring why many even have a license."

"Welllllll, it seemed like a good idea at the time."

Feb 13, 2007 01:02 AM #38
Rainmaker
660,086
Randy Prothero
eXp Realty - Mililani, HI
Hawaii REALTOR, (808) 384-5645

Mike - I see so many get in the business, thinking they just drive people around to see houses and they will make millions of dollars.  Once they get their license reality sinks in. 

The ones I don't understand are the ones who keep their license for several years with the thought that one day they may accidentally sell something.

Feb 13, 2007 06:04 AM #39
Rainmaker
3,055,915
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty
Aloha Randy - I see you are on Page 1 on Active Rain!  Congratulations!  By the way - I received word from the CRS folks that all the pre-registrations for next years event were "lost in transit" - so will need to change that credit card and resubmit information.  Suzanne and I WILL be there!  Tony
Feb 15, 2007 02:18 AM #40
Rainmaker
660,086
Randy Prothero
eXp Realty - Mililani, HI
Hawaii REALTOR, (808) 384-5645

Tony - Thank you, I spend way more time on AR than I probably should. 

I got the word on the registrations and registered again last evening.

Feb 15, 2007 08:32 AM #41
Rainmaker
1,530,574
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Fifteen Years Experience in Brevard County
I equate part-time to "recreational." I dread any deal that involves a recreational Realtor. They have so few transactions that i end up doing all the work or advising them! Where is the Broker taht "hired" them? Any part-time Reltor must link up with a competent, professional Realtor!
Mar 15, 2007 10:59 AM #42
Rainmaker
660,086
Randy Prothero
eXp Realty - Mililani, HI
Hawaii REALTOR, (808) 384-5645
Gary - There are many brokers who are not necessarily the cream of the crop and several others that are so busy they are not watching their agents.
Mar 15, 2007 11:39 AM #43
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
660,086

Randy Prothero

Hawaii REALTOR, (808) 384-5645
Ask me for a free valuation of your Oahu Home.
*
*
*
*
Spam prevention