Powayseller talking up Bob Casagrande and leaving me high and dry… I guess I better start sending her some better bribes…
Seriously guys I ABSOLUTELY agree with the statements made. Nothing new in this post except this is an opinion from someone on the inside… It is FRUSTRATING as heck when the realtor on the other side of the transaction is a bonehead. I want to be fair though, it is just as frustrating when the person on the other side of the transaction is a bonehead mortgage broker as well…
Yes it is a low barrier to entry… As an engineer and a Realtor it is a quite a difference dealing with the different peer groups. I will say in all fairness, many Realtors who have no advanced degrees are VERY good at what they do. So I do not want to bury them as a group…
Do the major brokerages care about the low barrier of entry? Absolutely not. Look they figure that with every bonehead they bring in, that bonehead has an aunt, or spouse, or friend, or someone in thier “sphere of influence” who they can get a transaction out of.
That is what is important to them….
Last I checked, no real estate brokerage has any tests you have to take to maintain employment… If you pass the DRE requirements, and are not a total screw up, and pay your required fees… you will get to hang around…
One good thing about the downturn is that the good agents will survive and the rabble will go back to thier waitress and bartending jobs…