Sefton Eisenhart

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Rainmaker
941,070
Thomas J. Nelson, Realtor e-Pro, CRS, RCS-D, Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

YES!!!

Business Training: CEO,COO,CFO

Jun 08, 2017 11:14 AM
Ambassador
4,370,864
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Yes, if any private company sold licenses to that many unqualified people they would be arrested, but every state seems to enjoy the money so they continue.

Jun 08, 2017 11:06 AM
Rainer
352,676
Teri Pacitto
Compass - Westlake Village, CA
Real Estate, Your Style...Your Home...My Specialty

Yes, the requirements to enter this business should be a lot more than what it is.  Some say, getting a license is one thing but succeeding is another.  Very True...but the requirements to enter should be changed.  It's totally out of control...at least in CA. 

 

Jun 08, 2017 10:55 AM
Ambassador
1,656,071
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Yes but hours alone is not the answer, what we teach is the answer.

Jun 08, 2017 10:47 AM
Rainmaker
403,993
Marnie Matarese
DWELL REAL ESTATE - Sarasota, FL
Showing you the best of Sarasota!

I wish every realtor had to pass the Broker test.  That would raise the level of knowledge and professionalism of many of the not so serious realtors out there.

Jun 08, 2017 12:40 PM
Rainmaker
417,560
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Every time we have a real estate boom, we get a surge in new agents. At my initial MLS training years ago, I was told to look right and left at the table I was sitting and told these people would not be in the business after a year. I heard that 75% of new agents quit after a year. Making a living selling real estate is not the easy thing people think it is. Takes time, support, and being able to live on savings until that first closing happens. It is not easy for many to be responsible for their own hours and work effort. You cannot do real estate "part time" with any success.

Jun 08, 2017 11:47 AM
Rainmaker
5,506,388
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Yes.

Jun 08, 2017 10:54 AM
Rainmaker
777,542
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Yes, I do think so. -Kasey

Jun 08, 2017 11:28 AM
Ambassador
3,444,702
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

ABSOLUTELY!  

Unfortunately, it's gotten worse instead of better. When the market is good, our profession becomes one that suddenly everyone wants to enter - qualified or not...and the doors are held wide open for them to enter!

 

Jun 08, 2017 11:52 AM
Rainmaker
5,120,087
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

becoming successful in real estate takes more than passing a test...one could be very intelligent and not have business!! others who don't know squat coult be soaring with the eagles!!!  it's who you know, not what you know!!! just saying...

Jun 08, 2017 10:53 AM
Rainmaker
1,113,149
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Yes

Jun 08, 2017 03:15 PM
Rainmaker
3,051,152
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Yes, make it harder by adding a common sense test

Jun 08, 2017 02:44 PM
Rainmaker
547,407
Eve Alexander
Buyers Broker of Florida - Orlando, FL
Exclusively Representing ONLY Orlando Home Buyers

The Orlando board just put out stats for agents in Central Florida.

38% have been in business less than 1 year...real scary thought!

Eve

Jun 08, 2017 02:42 PM
Ambassador
837,177
Mimi Foster
Falcon Property Solutions - Colorado Springs, CO
Voted Colorado Springs Best Realtor

After several decades of being in the business, I've never seen such UNQUALIFIED new agents, and they seem to be everywhere - their one-and-done deal. 

Absolutely there should be steeper entry requirements.

Jun 08, 2017 01:14 PM
Rainmaker
3,127,815
Richard Weeks
Dallas, TX
REALTOR®, Broker

It is too easy in Texas.  Seven courses, pass the test, pay the fee you get your license.

Jun 08, 2017 12:51 PM
Rainmaker
1,384,127
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Sefton Eisenhart Yes, mentoring, training and an apprenticeship should be mandatory.

Jun 08, 2017 12:31 PM
Ambassador
902,692
John Meussner
Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA, - Walnut Creek, CA
#MortgageMadeEasy Walnut Creek, CA 484-680-4852

How do you differentiate a fair-weather wannabe from a future top producing professional on day 1?  A stupid exam?  

I don't think there should be a high bar to become an agent, but I do wish brokers would set the bar higher on who they hire. Too many companies hire anyone off the streets that's passed a test.

Jun 08, 2017 11:18 AM
Rainmaker
3,858,406
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

YES!!!! YES!! and YES!!!!

Jun 08, 2017 07:34 PM
Rainmaker
1,263,342
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

If you can fog a mirror, you can get a license!  Or so it seems these days.  I'm really tired of getting Brokers involved to clean up their agent's mess!

Jun 08, 2017 04:26 PM
Rainmaker
1,222,172
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Sefton Eisenhart as others have stated this topic has been debated forever, including at ActiveRain. Here in Pennsylvania the requirements are set by the PA state legislature. Except for adding 14 hours of CE in the 90's they have not changed the requirements. 

Jun 08, 2017 01:39 PM
Rainmaker
3,212,980
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Totally. The bar must be raised. In North Carolina you no longer need even a high school diploma and they recently changed the pass rate for state exams to 71% because too many people were failing. Maybe they should have considered the quality of the real estate schools' education and the aptitude of the students instead. There has been considerable discussion on this subject in Active Rain in the past.

Jun 08, 2017 11:46 AM
Rainer
177,117
Cheryl Dukes . . . . . Intown Atlanta
Solid Source Realty, Inc. - Atlanta, GA

Yes. Seems there's a real estate agent on every corner, taking business away from me and doing a bad job for their clients and making my job more difficult.

Jul 08, 2017 06:42 AM
Rainmaker
4,160,435
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Yes, think the test needs to be more difficult, and requirements need to be added.

Jun 11, 2017 07:00 AM
Rainmaker
3,365,862
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Simple answer is "yes", but the state licensing agencies don't seem to care!

Jun 11, 2017 06:53 AM
Rainmaker
3,983,713
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Without a dout!

Jun 09, 2017 06:54 PM
Rainmaker
3,054,229
Tony and Suzanne Marriott, Associate Brokers
Haven Express @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Dorie Dillard nailed this one!

Jun 09, 2017 07:11 AM
Ambassador
1,614,090
Harry F. D'Elia
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

what would you like to add to the requirements?

Jun 09, 2017 06:34 AM
Rainmaker
4,797,822
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Probably a good idea.

Jun 09, 2017 05:55 AM
Rainmaker
1,559,320
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Perhaps, but remember that it is the folks who aren't pros that drive many consumers to find full time professional agents with super skills.

Jun 09, 2017 05:42 AM
Rainmaker
4,432,467
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Yes.

Jun 09, 2017 05:21 AM
Rainmaker
4,573,534
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

I don't think it is a guarantee that more education will make better agents.

Jun 08, 2017 11:05 PM
Ambassador
4,301,228
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Sefton Eisenhart - a good idea for sure...

Jun 08, 2017 10:10 PM
Rainer
304,654
Melissa Jackson
Citiwide Alliance Realty - Weatherford, TX
Helping You Make The Right Move

Definitely!

Jun 08, 2017 09:55 PM
Rainmaker
457,809
Abby Stiller
REMAX Realty Group - Cape Coral, FL
Professional Bilingual Realtor (239) 284-8637

Definitely

Jun 08, 2017 07:47 PM
Ambassador
3,983,717
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I would be fine with that. Since I started many years ago the standards have increased drastically and the fallout rate is still pretty much the same.

Jun 08, 2017 07:16 PM
Rainmaker
2,485,270
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Absolutely....some sort of weeding out program is needed as in love me or leave me

Jun 08, 2017 04:27 PM
Ambassador
2,363,990
Fred Griffin, on leave of absence from ActiveRain
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

       Yes.

     Require a financial statement from new agents proving that they have enough money to live on for 6 to 12 months.  That's how long it takes many agents to close on their first transaction.

Jun 08, 2017 04:06 PM
Rainmaker
647,660
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Yes

Jun 08, 2017 04:02 PM
Rainmaker
780,863
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

It is not an agent problem.

It is a broker problem. When broker are penalized for not developing real estate professionals there needs to be a cost.

My recommendation:

Brokers must exhibit how many agents are considered 'interns' in that office. That would be all agent with less the 5 transaction sides a year. These agents should have the word INTERN shown on the marketing and cards.

Brokers must be limited regarding how many interns they can shelter at one time.

Brokers who are traditional sanctuaries of incredibly inexperienced agents would have to change their ways.

Broker would then invest resources and effort to train agents in all aspects of real estate AND guide them in growing their business.

Today, brokers business model is summed up as 'Pay the fee, you're ok with me."

Those who chant 'RAISE THE BAR' are exclusionists who are protecting their turf and relevance by an effort to keep others off their mountain.

Jun 08, 2017 03:45 PM