Is RE required training adequate for the profession?

By
Real Estate Agent with (408) 425-1601 CA bre 1519182
https://activerain.com/droplet/4Vk8

                                                                              Sam Shueh

                                                                            Realty One Group

                                                                  Campbell, CA

 

In every profession each state writes its own laws for each profession education requirements. Here in California one needs the following minimum requirements to be eligible for a license examination for the selected professions:

 

  • Cosmetologist/Hair Stylist-must complete education at an approved School of Cosmetology and pass a California written and practical exam. 
  • Cosmetologist = 1,600 hours
  • Barber = 1,500 hours
  • Esthetician(skin care) = 600 hour
  • Electrologist = 600 hours
  • Manicurist = 400 hours.

 

Massage Therapist

Depending on the municipality in CA it often has 500 hours of class room training, and a certificate of completion.

 

Appraiser License

Applicants for a CA Residential license are required to have a minimum of 30 college semester units or an Associated degree-translates to on the average of 1,440 hours of study. 

Certified Residential or a Certified General license are required to have a Bachelor's degree or higher-a Bachelor degree takes about 5,800 hours of study.

 

California Plumber

It needs 5 years of apprenticeship work 9,000 hours on the-job-training. Another 1,080 hours of related training classes are required to be eligible for a license.
 

California meat cutter-sausage makers

Two years of on-the-job training and 144 hours of classroom instruction.

 

California Real Estate salesperson and broker license

  • Real Estate Agent-must complete 135 hours of studying at a State approved school and pass the licensing exam. I looked up other states some only mandate 90 hours of study.
  • Real Estate Broker-must completed 8 courses in college level courses in real estate or economics. Now it requires 2 year experience as a salesperson. 24 semester hours of college level classes translates to ~364 hours of study. A college degree in relevant field is not required. It is easier to become a broker than an appraiser.

 

MLO License

Those who wish to perform residential mortgage loan originator (MLO) activities must file an Individual through NMLS to obtain an Individual MLO license endorsement. 20 hour prelicensing education requirements.

 

Notary Public

In California one needs to receive 6 hours of training and have to have good character.

 

Cemetery Plot broker

One needs to have two years of experience as lot sales person. $10,000 bonded.

 

When I had dual dental insurances I went to the dentist I liked.  I recently stopping going to my orthodontist for root canal treatment. I shopped around. Dennis always says he had a master's degree and charges more for his education. For several $1000 for a molar tooth root canal, why should patients gave in?  I chose one in a different zip code saved a bundle. A friend needing inplants had to bargain with her dentist for $20,000.  In Dubai, I saw several US trained dentists and have US dental licenses will do it for less.  They displayed photographs of US celebrities on the office wall who are their patients. They fought back going to a cheaper place for outragious charges.

 

The fixed % commission enjoyed by realtors for decades, home sellers now balk at those fast talking agents who had only 90+ hours of training to charge 6 figures($) for the commission to work for a few days.  To say you provide a full service salesperson is a hard sell.  BTW- That Stanford Law School broker with a MBA works for at a discount brokerage. Her company fees are way under the 90 hour guy.  I kid not you.  

 

There needs to be substantial credentials, added values, training and reputation to stay competitive as a realtor these days. Those with a minimal training thinking a custom suit, import car are not what most home sellers looking for. 

 

Sources:

Realtor & Broker Designations (Real Estate professional Designations)

Shueh, Sam  How is my Silicon Valley home worth? (Silicon Valley Home Values)

Silicon Valley Real Estate July 2016 (San Jose area real estate update)

Shueh, Sam    (Real EstateBlogs)

Shueh, Sam    (My Website)  


 Sam Shueh Realtor    

 I've called San Francisco South Bay home for over 30 years. We love this area and all it has to offer, and I enjoy sharing what I know about homes.  I documented in several books about Silicon Valley history. I have much expertise in real estate...please give me a call.    SamshuehRealtor@gmail.com

                                                              (Four-O-Eight)  425-1601 

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Rainmaker
107,477
Melissa Hailey
North Texas Top Team, REALTORS (Plano, Murphy, Wylie) - Plano, TX
Collin County Realtor-Lucas, Murphy, Plano, Parker

Good information.  In Texas, we have SAE education within the first 2 years, and the CE every two years after that in order to keep our license active.

 

 I clicked to "follow" you so that I will be alerted to your future posts on Active Rain.  I invite you to "follow me" too.  Just click the "follow" button underneath my photo to the left of this comment.  Of course, there is no requirement or obligation to do so, but I would be honored if you chose to!

Jul 23, 2016 10:19 AM #1
Rainmaker
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Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Melissa Hailey 

It is quicker to become a realtor than a sausage maker in CA.

I have been tiptoeing you for awhile now.

Thanks for check in.

Jul 23, 2016 10:26 AM #2
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Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Sam I think you would be great sausage man for the California market. However, I would advise to keep the RE license to fall back on.

Jul 23, 2016 10:33 AM #3
Rainmaker
1,055,170
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

I will need to take more classes so I don't cut my fingers off.

May be try barber trade.

Thanks for stop by.

Jul 23, 2016 10:37 AM #4
Ambassador
3,685,897
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Sam, I really do think we need more training than we get.  The business has gotten pretty complicated with increased regulation and 40-page purchase and sale agreements.  And I've seen people get a little sloppy about the details.

Jul 23, 2016 11:37 AM #5
Rainmaker
2,540,603
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

If there was more training for real estate agents, I think a lot of them would drop their licenses :)

Jul 23, 2016 11:41 AM #6
Rainmaker
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Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Rebecca Gaujot, the Go To Realtor® 

Now I realize why we have so many agents in the business. Lower schooling requirements than most beautician trade. In our area, the barbers who had 5 X more training charges me $8 for a haircut.  One charged $10 with a hair wash and lite massage went out of business.

Jul 23, 2016 12:04 PM #7
Rainmaker
1,055,170
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Electrologists are on their way out. They get more training than a real estate broker for min schooling in CA.

Jul 23, 2016 12:07 PM #8
Rainmaker
3,324,770
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Absolutely tooo easy ....and few infractions at least here are ever disciplined.

Jul 23, 2016 06:46 PM #9
Rainmaker
5,219,699
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Sam Shueh great post.... should have been a FEATURE!! all newly licensed real estate agents are on a "wing and a prayer"....and those who run without having a seasoned agent's coat tail to hang onto are in big trouble... or maybe those who work with them are in bigger trouble!!

Jul 23, 2016 11:26 PM #10
Rainmaker
2,397,721
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Most seasoned agents agree with you, not because we are against new agents, it is that we have learned more and our inexperience in the beginning even scares us! I love the humor in your comments!

Jul 24, 2016 12:31 AM #11
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

It is also 90 hours in Tennessee which seems too little. The continuing education requirements are not stern enough either.

Jul 24, 2016 09:18 AM #12
Rainmaker
1,250,453
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Totally agree, Sam Shueh ... and think that an apprenticeship period would be helpful for those entering the real estate and loan businesses.  It's one thing to be able to recite what should be done ... another to know how to apply the information and get it done. 

Gene

Jul 25, 2016 04:32 AM #13
Rainmaker
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Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi 

With as much money involved the amount of schooling required is not adequate. On loans I feel the schooling is even less adequate.

Jul 29, 2016 05:23 PM #14
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