Dick Greenberg in the comment to William Johnson wrote: “I've always been amazed at the lack of professionalism we tolerate in our business”.
I guess it is this way, because some people want it this way. I see NAR fighting for issues and winning, and I can’t believe that if NAR would fight for higher standards, those standards wouldn’t already be a reality. And no, it is not about COE.
Yes, it is darn difficult as real estate is tied with everything else in life. No matter what disciplines we would have to learn, nothing would ever replace integrity and expertise.
But don’t attorneys deal with every facet of our lives? How they deal with it? Usually they specialize, don't they?
What is the specialization in real estate? Residential and commercial, and even there agents can do both?
Of course, attorneys have a degree and then have to pass the Bar exam. But then they have to specialize, and get Board certifications… And then they take cases in what they are better trained and have certifications.
In Real Estate my license limits my practice to a State of Florida, but this is the extent of it. I can sell in any place in Florida. I can sell anything real estate related in Florida. I can sell houses, condos, mobile homes, vacant land…
I can also sell Commercial properties. Including retail, industrial, multi-family, hotels/motels…
I can also sell farms…
And no, I am not required to know what NOI means, or know that mobile homes have titles issued by DMV, and so many other things.
I am licensed to have the legal right to charge money for practicing Real Estate.
Someone wrote that the right answer in Florida on a real estate exam to the question: “Why do you need a RE license” is “To protect the public”. What a joke… Probably, not getting a license would leave the public safer :)
I am seeing new agents, new brokerages popping up faster than mushrooms all over our area. I see the agent from Orlando with tons of listings in two our counties, but the guy is clueless. We had a closing recently, and it was a disaster every step of the way. Is he protecting the public? Actually, the public involved was very upset...
I believe in competition. But if it is the wild west, then what protection of the public are we even talking about? If this is the case, then COE is nothing more than an attempt to have participants (not the clients) behave in more civilized manner… cutting each other throats with more care…
And then there is always this daunting question, qui prodest?
Not the public…
Not the agents…
Qui…?
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