Thoughts by Jim VanErmen ABR CRS

To Be or not To Be... a Real Estate Agent


In teaching the pre-license real estate course the students are always inquisitive of what the real estate profession entails.  I provide my following comments.

First, being a successful agent has nothing to do with sex.  I have known highly successful agents both male and female who were in some cases brokers for both large and small companies.  Not many occupations can purport such an equal opportunity to either sex when the criteria used to judge is success.

Second, success does not directly relate to formal schooling.  Again II have known successful brokers/owners of small companies with just a GED and I have known the retired military officer with muliple advanced degrees not even last a year in the business.  This is not to say that success is not related to expertise.  But, this can be obtained in any number of ways once a person is part of the business.

Success does belong to the agent who is a  "people" person.  In selecting an agent I would look for one who loves to work with people. You know those people who are always late, never call, who don't see things your way, are hard to understand, and change their mind with each house shown, and who say one thing yet act another way... Success in real estate comes from an ability to work with all people.  I once had an agent who I threatened to fire weekly.  Their paper work was done incorrectly, rules were not followed, the system wasn't being used and their knowledge was a cell phone call to the broker which occurred all too frequently.  That agent, at years end, was the top producer and for all their failings it was hard to check-out at the local food store and not know that you were standing in line with a real estate agent who was put on this earth to sell you a house.  People praised their interaction with the agent. Truly a people person!

As my children matured I explained that there are professions and jobs.  When one works at a job, the primary concern should be money. Whichever job pays the most will allow for the most options.  But a profession is not about money but more about  you.  It is not to be viewed as work but what you as a person were designed to do.  I spoke to them of their mother who as an educator of elementary children defined who she is to a small degree by being a teacher.  I view Real Estate as a profession with the same requirement as other professions.  A commitment to always be improving the same as you would expect a doctor or lawyer.  So once a profession is determined then the money is no longer the consideration.  Rather the money which a profession affords becomes the amount which now establishes a person's life style. Why would a person select a job to make more money then to have a profession which may pay less but is a day to day pleasure? So if being a real estate agent is about money,  please click on over to my thoughts on commissions and realize that real estate is a profession and not just a job.

Lastly few occupations directly reward work.  Most require a commitment to a schedule and might possibly provide an annual bonus if the company is successful.  Inreal estate those that are successful are the workers who not only work hard but work smart..  If you work harder in real estate you are financially rewarded for your efforts.  Not many professions have work and financial reward so closely tied.

1st Addendum (May 2002)

I obtained an internet  copy of the Alabama Board of Cosmetology Statutes and Regulations 2001 edition.  Section 34-7A-22 requires a licensed cosmetologist to have between 1,200 to 1,700 hours of formal schooling or 3,000 hours of apprenticeship training (not more than 8 hours a day and to be completed in 3 years).  To be a licensed manicurist either 600 hours of formal schooling or 1,200 hours of apprenticeship training.

To be a state licensed real estate sales agent  you are required  (along with a few other items like be a citizen or an alien with permanent resident status) to have a High School degree or the equivalent, be 19 years of age and have completed a   60 hours pre-license course plus pass (70%) the state and national test!

 

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