NMAR is the Northwest Montana Association of Realtors, the real estate association I now belong to. These organizations are typically the source of training for REALTORS®. In many states there is an annual or bi-annual requirement that agents must take a specific number of Continuing Education (CE) hours. Agents and brokers who enroll in classes are charged a fee to attend, sometimes per CE hour and sometimes per class. That's how it typically works.
While this is not a scientifically proven statement, I believe most agents take the minimal number of training hours needed. In New York, real estate salesperson(s) and brokers need to take 22.5 CE hours every two years. Most of the agents I know wait until the end of their second year and take their classes then. Unless it is required, many of them do not take more than the minimum 22.5 hours. And of course, they need to pay for the 22.5 credits when they take the classes. This costs somewhere around $250.
Now, in Montana we need to take 12 CE hours each year. There are two things that NMAR does which encourage more training.
First, they schedule three four-hour classes in January and encourage all agents to attend. I did participate in the two-day event this year and can say there were hundreds of agents in attendance. The speakers were fantastic and energetic. If you have ever attended required ethics classes, you know they can be very dry in nature. Not this time! Anyway, the point is that all agents can get their yearly requirements done in an easy manner, early in the year.
The second thing NMAR does has to do with cost. They have an annual training plan. You pay $110 and can take as many classes as you want during the year. So for less money than 12 credits would have cost in my past state, I can take nearly 100 credit hours of classes. Anything I take from here on during 2020 will be free, and there are currently 78 CE credit hours available for the remainder of the year. If I wanted to take those classes in NY, it would cost me around $800. Here? It's free.
Now that's the way to encourage REALTORS to get educated!