Posted by Charles_Ca on 4/14/06 12:09pm
Msg #113612

Any fellow notarians who are considering a RE Brokers

license had better do it this year in California. Assembly bill 1963 is going to up the ante to a college degree and two years of hands-on experience. The experience portion is going to become mandatory across the board. It used to be two years or a 4 year degree from an accredited school. I have heard rumors from certain people in the Assembly and State Senate that there is a move afoot to bring a broker's license in California on a par with becoming an attorney.

Reply by Stamper_WI on 4/14/06 2:38pm
Msg #113639

When I tok my salesperson test here in Wisconsin (1995) I got to talking to an 18 yr old boy who was also taking the test. He was returning 4 days later to take his brokers test. his experience? Putting signs up and down for his mom's freind who was a realtor!

Reply by cmd_NH on 4/14/06 3:10pm
Msg #113641

Wow Stamper...that's scary!

I have my salespersons license and I plan to head for the Broker's Exam by the end of the summer. I will still work as an associate broker where I am, but want to get my brokers license just to cover my butt in the event that something happens here in the future. I don't want to work for any other offices in my area, so if these people up and leave me I can strike out on my own. For now, I am very happy where I am. My broker is all for it.

Reply by Charles_Ca on 4/14/06 3:51pm
Msg #113650

Hi CMD, I'm glad your broker is for it. You wouldn't believe

how brokers in California are afraid of additional competition. Most brokers in our area don't even want to complete the experience fors to support the application for a broker's license. I don't know how it works in NH but in California if you are not a broker you don't own your own listings. Also at least one managing broker in my area does not allow agents to manage buldings: all requests for management have to be referred to the managing broker and that is one of the most lucrative aspects of this business. I see the same with loan origination!

Reply by cmd_NH on 4/14/06 8:40pm
Msg #113675

Charles...

In NH all listings are under supervision of the broker. I am fortunate enough to work for an office that everyone works together. No cut-throating at all. It's a family business and I am the only non-family member, but have known all of them for years. I talked to the broker and the other salespeople and told them my intention and why I was doing it. They are supportive all the way. This is why I don't intend to leave when I get my Brokers license. It has been agreed that I will become an associate broker and will continue with them. I really like working with them. We all help each other out in any way needed. The goal is to have happy clients/customers. And it seems to work well. That's what I like...it works out great for everyone. I see the way it is in some of the other offices and I don't think I would last long with most of them. Too much back-stabbing for me.

Reply by Charles_Ca on 4/14/06 9:11pm
Msg #113683

Sounds like you have a sweet deal CMD, Congrats! n/m

Reply by Korey Humphreys on 4/14/06 3:22pm
Msg #113643

Ah come on now! So he's 18 yrs old.... what's the problem?

Shoot when I was 18 yrs old I was enrolled in college to get my medical degree (not literally, but in my dreams [hey dreams are reality when I sleep])

But seriously, the 18 yr old should be applauded! Not all teens are out to cause trouble.... I mean, when I was 17 I was on the opposite side of the law, but that all changed quickly. Now, I work within the law and work to enforce it.

Anyways, thought I'd give you my opinion. I'm 22 not 18 but would still applaud the 18 yr old.

Happy Signings!

Reply by Paul_IL on 4/15/06 1:24pm
Msg #113758

That is a perfect example of how the entrance requirements are too low in the Real Estate business.

Reply by John_NorCal on 4/14/06 8:54pm
Msg #113680

Thanks for the info Charles. I'm working on my 8 courses so I can get my license back. Are you working on your brokers?

Reply by Charles_Ca on 4/14/06 9:21pm
Msg #113688

Actually I just took the test for my fire and casualty brokers license and I've scheduled my test for the life brokers license. I am the office manager for my office and have had a sweet deals all along with my brokers but I am taking my real estate brokers test in June, I should have done it earlier, a lot earlier but things just didn't come together. completed my 8 courses several years ago and if I don't take the test in June I'll have to start over. I procrastinated once before and I'm not going to let it happen again. I get real busy and just let the time slip away. Good luck with yours. I'm planning on having three offices open before year end, one in the Bay area (most likely Alameda), one in Orange County and the one here in Mendocino. I already originate loans and with the insurance I expect to have full real estate services for my clients.

Reply by John_NorCal on 4/14/06 9:27pm
Msg #113691

Good for you! Looks like you have your hands full! I had my brokers once, but that is another story, nothing bad mind you, but nevertheless another story.

Reply by Paul_IL on 4/15/06 1:18pm
Msg #113757

Charles,
I have to say I fully support that type of requirement for a Brokers license. With luck requirements like that it will do alot to weed out all the part-timers in our business. The entry requirements to get into real estate has been too low for way too long. This accounts for the numbers of agents that fail in the first 2 years.