I read this on Wolkia a few days ago …
It sat in my browser for a few days, and then I went back to it and read it again. This paragraph in particular struck me:
Let’s face it, in some states it is easier to become a real estate agent than it is to become a hair dresser. Most real estate company’s hiring requirements only consist of a pulse and a real estate license. Continuing education requirements, while they mean well, do not provide the real education an agent should have. Electricians, plumbers….they are required to be a student of their trade for years before being permitted to venture out on their own. Where is the accountability in the real estate industry? Where is the education in the trade?
This idea of a low barrier to entry in real estate has been thrown around for a long time. There are many that say it’s too easy to be a real estate agent, and that we lack the proper training. I happen to agree – I knew absolutely nothing of substance about real estate when I first got my license, and yet the Commonwealth of Virginia saw fit to grant me a license. It wasn’t until I got out into the field and started working with people, started seeing homes, started making some mistakes, that I really began to hone my craft. Getting the license was just like being accepted to college – each and every day since I’ve been in the classroom. Sometimes I pass, and sometimes I fail, but every day I should be learning.
Personally, I don’t think this idea of an evolving real estate industry is going to move so drastically in the direction of salary and benefits (although I’ve heard of some brokerages trying it); I believe in the idea of uncapped earnings because it seems to open up so much more creativity and determination, in my opinion. I do see things changing to be even less about the brokerage, or the agent, and more about the consumer. In the end, isn’t that what it’s all about anyway? What do you think?
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