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Tony Lewis, Summit Real Estate Group Valencia & Aliso Viejo (Summit Real Estate Group)

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Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Tony,

I have seen some newbies outmaneuver some vets...not all of us are the same. A

Jun 06, 2018 02:54 PM
Ambassador
3,344,906
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I do.  It's prudent and responsible.  A managing broker should also meet with new agents and review what they are doing. I am an advocate of ongoing in-house broker training as well.

Jun 06, 2018 04:52 PM
Rainmaker
1,052,056
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Hello, twisty turny twirly question.

Will the mentor/trainer simply pass along bad habits acquired over years or even decades? I've seen it. I'm seeing it lately. Greenhorn agents training other greenhorn agents badly. Is that an apprenticeship?

The broker should be doing it. Is the broker capable?

What constitutes 'minimum number'? This is such a 'one size doesn't fit all' industry. I'm not certain that mandating a minimum would be effective.

If a new licensee (and BTW, not necessarily a REALTOR) is truly fortunate, they will have a broker who holds their hand through enough transactions to deem them capable of handling large sums of money and people's lives (and keeping the broker out of trouble).

I'm afraid that figure will always be a moving target.

Jun 06, 2018 05:15 PM
Ambassador
2,060,946
Alan May
Jameson Sotheby's International Realty - Evanston, IL
Home is where the hearth is.

need to "serve as an apprentice"...?   No I don't.

I think that new Realtors need to be trained, coached and mentored.  I agree, just having a license doesn't mean you know what you're doing.  But I know agents who've had licenses for decades who still don't know what they're doing,  Age of your license has little bearing on your knowledgability in this profession.

Jun 06, 2018 03:45 PM
Rainmaker
544,014
Dave Halpern
Dave Halpern Real Estate Agent, Inc., Louisville, KY (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Gazelles, wildebeests, elephants and giraffes are expected to get up run immediately after birth. I guess it's the same with newly minted Realtors.

Jun 06, 2018 05:50 PM
Rainmaker
1,543,225
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

I understand your point and it sounds like a good idea, however, by the time I was "newly licensed" I'd already bought and sold and bought & held real property. I also grew up in real estate, TC'd and worked property management...so would I have needed that rule? NOPE!

I think they should have 3 years business experience in the same business.

Jun 06, 2018 05:31 PM
Rainmaker
5,215,388
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not necessarily. Trial by fire with proper training and mentoring will separate the good from the bad!

Jun 06, 2018 04:26 PM
Rainmaker
711,752
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

A new licensee needs to be carefully supervised, but the level of experience they may have had in sales in general may enable them to successfully work on their own. Many new people can be better than the older, "experienced" agents.

Jun 06, 2018 03:12 PM
Ambassador
5,228,997
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

A great mentor will typically do the trick - many people learn best by 'doing' and if you have a great mentor, that should get you where you need to be good on your own. The real trick is having a great mentor!

Jun 06, 2018 09:09 PM
Rainmaker
679,404
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

It really depends upon the agent.  Some people need a little more hand-holding than others.  

Jun 06, 2018 07:35 PM
Rainmaker
1,502,848
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

No, but there should be some training involved.

Jun 06, 2018 07:18 PM
Rainmaker
519,324
Dan Tabit
Keller Williams Bellevue - Sammamish, WA

They don't. I didn't, but I had a great teacher/mentor.  I knew more than many from years in Sales and an immediate past in the Mortgage Business, but there was still too much to figure out if I tried on my own. 

Personally, I enjoy mentoring new agents.  I don't see them as competition, but as colleagues and help when I need it.

Jun 06, 2018 06:21 PM
Rainmaker
2,220,323
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I do not think so Tony. 

Jun 06, 2018 06:06 PM
Rainer
247,499
Jerry Thomas-Construction Loans
Cranbrook Loans - Farmington Hills, MI
Construction Loans in MI, OH, PA, VA, GA and FL.

I think it's a good idea but I wouldn't make it mandatory.

Jun 06, 2018 04:03 PM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Everyone enters into this business with a different level of sales experience. This can be helpful if you are part of the uninitiated.

Jun 06, 2018 03:19 PM
Rainmaker
4,571,456
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

No.  Less not more mandates in my opinion --- not just in real estate.

Jun 06, 2018 03:05 PM
Ambassador
2,684,009
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     It depends upon what prior job experience or sales experience they may have.  If "none", they should work with a mentor or be on a team.

Jun 06, 2018 02:59 PM
Rainmaker
5,104,806
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Technically, a new licensed agents (not Realtor as that's not a license) is already supposed to be working under the supervision of a Broker. And lots of brokerages also provide mentoring to new agents.

Jun 06, 2018 02:58 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Kathleen Daniels nailed this one!

Jun 07, 2018 05:32 AM
Rainmaker
4,881,462
Richard Weeks
Dallas, TX
REALTOR®, Broker

I leave that decision up to our state real estate commission.

Jun 07, 2018 05:29 AM
Rainmaker
1,027,602
Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

While I am horrified at what is let loose on the general public in terms of knowledge, I don't know what the answer is.  Some of us come into the business with tons of relevant experience while others come in offering, well, little value, at least in the beginning.   Should we be treated the same way?  I don't think so. 

Sadly, one of the biggest problems is so much of the public has such a jaded view of the value of agents they don't always put a lot of thought into whom they hire.  I know, I've worked with those agents and been amazed at just how ignorant they are about the entire process.  They do a grave disservice to their clients, yet have no problems getting clients.  How is that possible?

Jun 07, 2018 05:13 AM
Rainmaker
5,868,372
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

It would give them a better base to work from!  Good idea.

Jun 10, 2018 11:59 AM
Rainmaker
4,935,551
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I have my new agent give me there first 5 contracts before they submit them to a client

 

Jun 10, 2018 09:59 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Those agents who do less than 10 transactions 2 consecutive years should be Identifiable.  A designation like 'Ship looking for a rock' sounds right.

I newbie would fall into that category.

Brokers whose roster contains more than 25% 'Ships Looking for a Rock' should be identified as a school or more appropriately 'Shipwreck Brokerage."

Your real question is should a newbie and a veteran be identified the same. I say their should be a means to identify, for the public to distinguish the difference.  Sadly, buying letters to append to ones name is the substitute to learning by doing. And those bereft of ideas mutter 'raise the bar.'

 

Jun 07, 2018 01:51 PM
Rainmaker
900,008
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

This does not work well with appraisers - they don't want to take on apprentices to avoid competition. Also, depending on who the real estate "mentor" is, they just might pick up some bad practices as we know exist in this business... Instead, there should be more consistent and uniform national training programs for all to learn "right".

Jun 07, 2018 01:20 PM
Rainmaker
1,310,972
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Setting too many job requirements might turn independent contractors into employees.

Jun 07, 2018 01:11 PM
Rainmaker
2,182,502
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Your question is why most under age 30 new agents belong on a Team as a Buyer Agent (being provided buyer leads).

Jun 07, 2018 09:53 AM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

yes... I just mentioned that in a post.... MOST state licensed people are required to do a 4 or 5 year apprentice program if they're in the trades....even a hairdresser needs to put in time with a seasoned professional.... all we need is a pulse and a license.... and the first mistake by the state is to allow future agents to sit for the exam more than once.... I know of an active agent who needed to take that exam 5 frippin' times...imagine?????   that should never happen....ONE AND DONE is what I say!!!

Jun 07, 2018 07:25 AM
Rainer
117,135
Christine Kankowski North SD and Temecula
House Match Inc - Poway, CA
Excellent Sales and Property Management

Yes, i do. I think this should be part of getting hteir license, or have to work hand in hand with a broker on sevearl transactions. 

I knew nothing of the contracts when I first got my license. 

Jun 07, 2018 07:02 AM
Rainmaker
7,834,945
Roy Kelley
Retired - Gaithersburg, MD

No. Real estate is not a trade. It is a profession.

Jun 07, 2018 05:40 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I think this is a good idea.

Jun 07, 2018 05:39 AM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

The broker should help

Jun 07, 2018 04:29 AM
Rainer
140,560
Richard L. McKinney P.A.
Atlantic Shores Realty Expertise - Port St Lucie, FL
For Results that MOVE you on the Treasure Coast!

imho - almost all Newbs should work on a team or under a specific agent for at least a year or so. 

Jun 07, 2018 04:10 AM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Tony Lewis - very good idea - however, how many new agents would like this?

Jun 06, 2018 11:23 PM
Rainer
87,920
Jeff Perlis Prime Properties
Prime Properties - Lake Arrowhead, CA
Experience Your Own Transformation!

Yes, they should work under supervision and proper guidance till they are ready. Some are ready sooner, some later. 

Jun 06, 2018 10:28 PM
Ambassador
6,392,879
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

It is important to have competance, yet I have seen plenty of experienced agents who seem to be lacking in it too.

Jun 06, 2018 10:12 PM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Yes, I agree.

Jun 06, 2018 09:15 PM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

For some it would be a good idea, but I think there should be more training to start with

Jun 06, 2018 08:28 PM