NMAR Method - how to encourage real estate education

By
Real Estate Broker/Owner with 406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty RRE-BRO-LIC-75443

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!

 

 

Posted by

 

Kat Palmiotti, The House Kat

Licensed Broker, CBR®

 

Blackstone Realty Group - brokered by eXp

P.O. Box 10458

Kalispell, MT 59904

 

eXp Realty - New York

 

email: kat@thehousekat.com

www.thehousekat.com

 

406-270-3667 (MT) and 914-419-0270 (NY)

 

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Rainmaker
2,737,624
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I don't think there has been a year in my real estate career that I have only taken the minimum of classes.  I always try to get my requirements out of the way quickly, so that I can sign up for the classes I want to take the most.  This reminds me, I need to start enrolling in some classes!

Feb 05, 2020 10:21 AM #9
Rainmaker
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Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Kat Palmiotti - we have them too for HR certified individuals 60 over three years.  I do it continually, one bite at a time.

Feb 05, 2020 11:44 AM #10
Rainmaker
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Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Kat Palmiotti - It sounds like your MLS has a great education program. Good for you. 

Feb 05, 2020 05:56 PM #11
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Kat- while I'm not familiar with the different states' requirements, yours definitely sounds like one that encourages continuing education. 

Feb 05, 2020 06:21 PM #12
Rainmaker
711,711
Peter den Boer
Atlanta Communities - Woodstock, GA
MBA,GRI, Associate Broker, Realtor

Kat, most of the courses offered by our board are free. And of course, my brokerage offers lots of CE as well, again free.

Feb 06, 2020 05:27 AM #13
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

In Oklahoma we have 21 hours every three years plus the COE. Broker renewals are the same but there is a specific 21 hours called Broker in Charge.

Feb 06, 2020 05:29 AM #14
Rainmaker
1,504,069
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

Brian England - I do think active AR posters probably are above average in terms of # classes taken.

Grant Schneider - That's a good process. 20 a year isn't a lot!

Sheri Sperry - MCNE® - I was impressed.

Feb 06, 2020 06:26 AM #15
Rainmaker
1,504,069
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

Kathy Streib - That's what I thought!

Peter den Boer - Free education is great!

Joe Pryor - That's not a lot of requirements. Easy peasy!

Feb 06, 2020 06:28 AM #16
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Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Nice options by NMAR!  I find the most practical education I get is outside of CE requirements, so for the same reasons you mentioned for NY, I tend not to take too many classes beyond the mandatory.  Still learning of course, but nothing that will show up on my education list by the state.

Feb 09, 2020 05:37 AM #17
Rainmaker
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Leanne Smith
Dirt Road Real Estate - Golden Valley, AZ
Relocation to NW AZ with elbow room & more freedom

The January event sounds intriguing and thanks for sharing Kat Palmiotti   Self directed learning is an attitude. In AZ the requirement is 24 hours every 2 years. Depending upon if the Realtor is applying the CE to other certifications, the investment (note I did not say cost) is between $200-$400. The GRI classes are more expensive.  This year begins another 2 year renewAL. My goal is to have them all complete by June of 2020. So far 12 hours completed with 12 to go.

 

Feb 09, 2020 06:34 AM #18
Rainmaker
1,504,069
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

Liz and Bill Spear - the practical education we get is the most useful! Happy Sunday.

Leanne Smith - I kind of like the 12 per year rather than 24 every 2 (same thing, but having a yearly goal does encourage more frequent participation). I'm glad you're half done with yours! Enjoy your day. 

Feb 09, 2020 06:41 AM #19
Rainmaker
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Raymond Henson, SRES, GRI
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

It sounds like a great program.  I just took my ethics class online.  I would have rather taken the live one you had the pleasure of attending.

Feb 10, 2020 08:34 AM #20
Rainmaker
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Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

Raymond Henson - there was a LOT of audience participation, laughter, and learning.

Feb 10, 2020 08:38 AM #21
Rainmaker
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Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

That's wonderful! Here in North Idaho we could get CE locally, but for anything interesting we had to travel a bit.

I recall one ethics class during which I had the worst time staying awake. The speaker stood at the front of the room and talked to the dozen or so agents in the front row. The rest of us couldn't even hear most of what she had to say.

Feb 10, 2020 08:41 PM #22
Rainmaker
1,504,069
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

Marte Cliff - I've attended many crappy classes, so can definitely empathize with your experience. Have a great day!

Feb 11, 2020 05:17 AM #23
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Mimi Foster
Falcon Property Solutions - Colorado Springs, CO
Voted Colorado Springs Best Realtor

I was thinking of you yesterday and wondering how things were going in Montana. Are you enjoying it? Has it been cold? We have had a crazy winter, more so than I've seen in a decade. Is it affecting you? Hope you're loving it.

Feb 13, 2020 07:55 PM #24
Rainmaker
1,504,069
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

Mimi Foster - Hello! I LOVE IT HERE! The weather has been mild - in fact, my neighbors indicate they've never seen it this mild. We have had probably about a foot of snow all together where I am, but it's been an inch or two or three at a time. Nothing major for this area. 30s/40s in terms of temperatures on many days. But it's not humid here so even when it's cold, it's not as cold as it was in NY! At least not yet.

Everything else is great also - people, location, things-to-do, etc. Ahhh.

Feb 14, 2020 04:10 AM #25
Rainmaker
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Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Kat Palmiotti - Congratulations on the FEATURE!!! 

I noticed that on the day you wrote this, I was on the road traveling to Austin for my education at the Texas Realtors Winter Meetings! I agree with everything you had to say about education. Truly, you ARE an educated woman who never stops learning!

Feb 14, 2020 09:33 AM #26
Rainmaker
1,504,069
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

Thank you Patricia Feager, MBA, CRS, GRI,MRP - so we were both on our way for education on the same day... too bad we weren't in the same PLACE!  Enjoy your day, and thank you.

Feb 14, 2020 11:25 AM #27
Rainmaker
2,113,039
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Kat Palmiotti - It is too bad we couldn't be together on our quest for education for real estate.... oh well, we find others ways to connect with new learning!

Cheers to friendship and education!

Feb 14, 2020 06:31 PM #28
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