

4,777,392
Not part of the curriculum. As a managing broker I taught contracts, multiple forms, at least once a month. It was an all day session. Why? Because otherwise my license would be at stake!
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Bob "RealMan" Timm
Minot, ND
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Nina Hollander, Broker
Charlotte, NC
-
Doug Dawes
Georgetown, MA
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Kathleen Daniels, Prob...
San Jose, CA
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Fred Griffin Florida R...
Tallahassee, FL
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Candice A. Donofrio
Fort Mohave, AZ
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Lyn Sims
Schaumburg, IL
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Shayne Stone
Fulshear, TX
4,230,838
It seems to be the broker's responsibility here but there should probably be a mandatory class about it that every new agent has to take, haha. There have been so many deals that I have worked on where I have to ask them to do an addendum to clean up all of their mistakes or I will just do it and ask them to have their clients sign it, haha. This even happens with supposedly seasoned agents.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Doug Dawes
Georgetown, MA
-
Kathleen Daniels, Prob...
San Jose, CA
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Fred Griffin Florida R...
Tallahassee, FL
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Candice A. Donofrio
Fort Mohave, AZ
-
Shayne Stone
Fulshear, TX
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Buzz Mackintosh
Frederick, MD
20,760
I think this is best done at the brokerage level. The national or state level administrators don't understand the nuances of managing a transaction. As Wayne Martin said, a managing broker is liable so it is in their best interest to make sure their agents know how to best represent the public.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Karen Climer
Orlando, FL
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Bob "RealMan" Timm
Minot, ND
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Sean Gilliam
Longmont, CO
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Nina Hollander, Broker
Charlotte, NC
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Doug Dawes
Georgetown, MA
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Kathleen Daniels, Prob...
San Jose, CA
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Shayne Stone
Fulshear, TX
840,628
We have mandatory post licensing courses that go through contracts and other things. Then your RE Broker will support you as an agent with regards to these matters.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Karen Climer
Orlando, FL
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Bob "RealMan" Timm
Minot, ND
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Nina Hollander, Broker
Charlotte, NC
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Doug Dawes
Georgetown, MA
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Kathleen Daniels, Prob...
San Jose, CA
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Shayne Stone
Fulshear, TX
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Fred Griffin Florida R...
Tallahassee, FL
2,718,090
Exactly and when I read or recall licensing test questions and scenarios and how they do not complete purpose or motivate, I wonder what good are they? Human nature studies, procedures, paperwork, or just about anything connected to buying, selling or investing should be the focus of agents.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Wanda Kubat-Nerdin - W...
St. George, UT
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Bob "RealMan" Timm
Minot, ND
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Richie Alan Naggar
Riverside, CA
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Doug Dawes
Georgetown, MA
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Kathleen Daniels, Prob...
San Jose, CA
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Shayne Stone
Fulshear, TX
1,792,195
Broker responsibility & always has been. I took my job seriously when I started so I made sure what to do & what was next.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Wanda Kubat-Nerdin - W...
St. George, UT
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Georgetown, MA
-
Shayne Stone
Fulshear, TX
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Candice A. Donofrio
Fort Mohave, AZ
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Fred Griffin Florida R...
Tallahassee, FL
1,047,867
Evidently it is not a concern of the powers to be, go figure.
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Wanda Kubat-Nerdin - W...
St. George, UT
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Georgetown, MA
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Kathleen Daniels, Prob...
San Jose, CA
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Shayne Stone
Fulshear, TX
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Fred Griffin Florida R...
Tallahassee, FL
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Peter Mohylsky
Miramar Beach, FL
565,754
Maryland REALTORS is currently backing legislation to require this. Unfortunately too many newly licensed agents affiliate with the wrong Broker which is the wrong model for a newbie!!
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Bob "RealMan" Timm
Minot, ND
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Nina Hollander, Broker
Charlotte, NC
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Doug Dawes
Georgetown, MA
-
Kathleen Daniels, Prob...
San Jose, CA
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Fred Griffin Florida R...
Tallahassee, FL
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Shayne Stone
Fulshear, TX
171,777
Because it's not part of the curriculum. If you want the curriculum changed, you should talk to your state real estate commission or your state legislature.
Also, it is hard for residential agents to fathom this, but not everyone gets a license because they want to sell houses. Many students in a prelicensing class have other plans to use their license.
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Georgetown, MA
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Fred Griffin Florida R...
Tallahassee, FL
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Shayne Stone
Fulshear, TX
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Buzz Mackintosh
Frederick, MD
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Brian England
Gilbert, AZ
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Karen Climer
Orlando, FL
3,112,902
Contracts are certainly part of what you learn in Georgia. As for deal flow, that's different with every deal and/or office and should be learned on the job. That's why I recommend to students they work somewhere with a mentor program.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Bob "RealMan" Timm
Minot, ND
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Don Baker
Eatonton, GA
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Doug Dawes
Georgetown, MA
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Kathleen Daniels, Prob...
San Jose, CA
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Shayne Stone
Fulshear, TX
2,880,262
Our state requires a 12-hour new agent course after passing the test. Of course, that is still not sufficient to learn everything needed, especially forms. It is a good start, however, until a DB trains their newbies.
When new forms come out or are superseded, our office will do a lunch & learn to discuss them but agents must show up!
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Bob "RealMan" Timm
Minot, ND
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Nina Hollander, Broker
Charlotte, NC
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Doug Dawes
Georgetown, MA
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Kathleen Daniels, Prob...
San Jose, CA
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Shayne Stone
Fulshear, TX
974,004
THEY SHOULD BE taught more than they are in the scant required Contract Writing - HOWEVER it is so all encompassing and changeable with EACH transaction it could not possibly be over YEARS of education.
As for deal flow, THAT should be addressed more in pre-licensing but we're daring to dream here. My office policy, and in the listing and deal file IS a printout of the required file contents and 'evolution of an escrow' . . .
Pre-licensing is 'how to pass the test'
BROKERS need to take the training from there - or not
CE should help but it often doesn't.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Wanda Kubat-Nerdin - W...
St. George, UT
-
Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Georgetown, MA
-
Shayne Stone
Fulshear, TX
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Fred Griffin Florida R...
Tallahassee, FL
867,082
Good point, agents should be trained to do so, but the RE classes only focus on what's needed to pass the licensing tests. Perhaps this should be introduced as a CE class, but normally the brokers should take care of this as part of on the job training.
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Karen Climer
Orlando, FL
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Georgetown, MA
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Kathleen Daniels, Prob...
San Jose, CA
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Shayne Stone
Fulshear, TX
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Fred Griffin Florida R...
Tallahassee, FL
3,206,447
Oh my heavens, you just hit a nerve with me on this. Major peeve of mine. I have yet to receive an offer that is completed, and completed correctly!
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Wanda Kubat-Nerdin - W...
St. George, UT
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Georgetown, MA
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Kathleen Daniels, Prob...
San Jose, CA
1,455,597
Because the test doesn't ask about that and the classes simply teach you what you need to know to pass the exam. It's like with any state exam, and I've taken many. Think back to when you (or your kids) got a driver's license, did they teach you how to drive in class, or did they teach you the rules of the road and show "Red Asphalt"? Was it a separate company that took you behind the wheel for on-the-road training?
Same thing here.
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Wanda Kubat-Nerdin - W...
St. George, UT
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Karen Climer
Orlando, FL
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Georgetown, MA
4,540,659
That is what a broker should be working with you weekly till you have it down.
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Wanda Kubat-Nerdin - W...
St. George, UT
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Karen Climer
Orlando, FL
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Georgetown, MA
1,407,763
Why Indeed.
Why aren't all licensees taught basic business practices - they just bought one by getting licensed, but they still think its just a job they got.
Real Estate sells one of the most expensive consumer products through some of the most ill-prepared sales people on the planet.
This is why I've coached and taken classes annually for 28 years.
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Wanda Kubat-Nerdin - W...
St. George, UT
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Georgetown, MA
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Thomas J. Nelson, REAL...
La Jolla, CA
334,045
Had a chapter on contract writing in my course and married to a great broker who reviews in a timely manner and generally before it goes anywhere for any signatures.
As to workflow... we have processes in place with forms and checkboxes for everything.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Wanda Kubat-Nerdin - W...
St. George, UT
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Bob "RealMan" Timm
Minot, ND
4,718,751
Every brokerage I've been associated with had regular classes and training on how to do sales contracts and classes on annual updates to contracts. The agent just needs to attend... I found that to be more of an issue... that agents didn't attend. Sale contracts and agency contracts are a part of the pre-licensing curriculum in North Carolina, as well.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Wanda Kubat-Nerdin - W...
St. George, UT
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Bob "RealMan" Timm
Minot, ND
1,101,683
Your guess is as good as mine Tim Bray Makes no sense, does it?
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Wanda Kubat-Nerdin - W...
St. George, UT
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Bob "RealMan" Timm
Minot, ND
5,954,266
The state teaches about the laws, your brokerage should be teaching you how to sell real estate.
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Sally Crane
Unity, WI
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Wanda Kubat-Nerdin - W...
St. George, UT
2,180,348
When I started out my Broker covered those things VERY well Tim Bray . If your Broker did not then he/She deserves a kick in the pants.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Wanda Kubat-Nerdin - W...
St. George, UT
2,097,308
Tim , I’ve been training agents on this for 40+ yrs.
There is only so much a New Licensee can retain . Until they have filled out several of these , they will make mistakes. It actually may be a Lack of Supervision issue
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Michael J. Perry
Lancaster, PA
1,030,021
Every deal is different so only the basics could be taught and a separate class would be required for deals that are not the norm such as short sales. Every contracts class I've ever taken here has been taught by a real estate attorney and I love getting the information from the source since contracts change periodically and I know what I'm learning is accurate. I don't think it is something that could be taught in the prelicense class for that reason. We also have various addendums that we need to learn so far too much to cover in a prelicense class.
Between broker training, 45 hour post license class, CEs and the classes offered at our Board of Realtors, there are plenty of opportunities for a new agent to learn if they are motivated. It's not uncommon to see the same people in those classes while those who need to attend the most don't.
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Wanda Kubat-Nerdin - W...
St. George, UT
68,306
Thank you for your comment Bob. Why would something this important be left to chance? It seems as though the Buck is being passed from the board and state level down to the broker.
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Wanda Kubat-Nerdin - W...
St. George, UT
723,586
There are all kinds of classes in person and online. Most respectfully companies teach this to new and existing agents regularly.
283,519
Apiring realtors are almost exclusively taught what is needed to complete the required courses and what they will need to pass their real estate exams. Law school doesn't teach you what you need to know in daily practice but rather provides you with a larger framework with understanding the law and you learn the daily practice aspects within the context of the job. In this aspect, Law School and Real Estate Training programs are the same.
It's also worth noting- In NY, the lawyers complete the contract. While I don't deal with the contract (and many agents in other locations do)- we have other aspects of the deal here that agents in most of the nation don't deal with.
713,039