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  • Terry Shortt, CRS, GRI, Broker. Developer of Fastrac Advantage real estate agent training products. www.ClassesFormingNow.com
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Joined 01/20/2008

Terry Shortt

Instructor/School Administrator

"TW Shortt & Assoc, Florida real Estate School and Training Company.

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(270) 319-1722

See my My Blog..The Shortt Real Estate Report profile

Terry started his real estate career in 1987 working on a part-time basis with Rose Realty-Better Homes And Gardens. He rapidly became the top sales and listing agent and opened, along with his partner, their own office in 1989, TW Shortt And Associates, REALTORS.

In 1992, they purchased two Better Homes and Gardens franchise licenses and launched a brokerage firm called TW Shortt and Associates-Better Homes and Gardens. The firm rapidly grew to fifty agents as well a separate property management division.

By taking personal responsibility for the training and development of each agent, he developed keen insights and an extraordinary understanding of the training needs of new licensees.

This insight let to the development of the Fastrac Advantage Training program and the successful implementation of elements of it over a twenty year real estate career.

His professional real estate career has included leadership roles in virtually every position within the local REALTOR association, culminating as Association President in 1996 of the Heart Of Kentucky Association OF REALTORS.

He was instrumental in launching the first cable TV real estate show as well a local real estate talk show called Focus on real estate, where he served as the program director and host.

Terry has experience in subdivision development, property management, brokerage management, and training development. He has spoken before large audiences and is a contributor to national industry news publications.

In 1999 he launched a flat fee real estate company (FlatFeeDirect.com) in Kentucky. After considerable resistance from the media, the Kentucky Real Estate Commission and some local brokers, the business survived.

He sold the business in 2007 to focus more energy on developing his real estate training products and to spend more time with his family, sailing and scuba diving.

He can be contacted at 270-319-1722 or twshortt@aol.com

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My Comments

  • Submitted by Pamela
    By May 12, 2008 - 10:37am

    Submitted by Pamela Mackenzie on May 12, 2008 - 7:48am. I think that people who think they can be adequately represented by a broker who isn't even in the same county are really misled. Question: Who said that everyone that wants to purchase real estate services wants "representation" ? Terry Shortt, CRS, GRI Broker, Instructor TW Shortt and Associates Fl. Real Estate SChool And Training Company Key West,Florida, USA

  • This Multiple Listing
    By May 12, 2008 - 6:03am

    This Multiple Listing Service’s former ban on "exclusive agency listings" is what has them in hot water with the DOJ. The fact that the MLS is going to "stop" enforcing this anti-competitive practice (a ban on exclusive listing agreements) that they originally promoted does not alter the fact that it was illegal when they promoted it. It’s sort of like a bank robber that agrees to stop robbing banks once he is captured but expects to be forgiven for all his previous robberies, it seems to me. The other point has to do with the requirement that the participating broker must have a physical office within Richland, Lexington, Saluda, Kershaw, Calhoun, Newberry and Fairfield counties. What possible justification is there for this other than to limit competition? Terry Shortt, CRS, GRI Broker, Instructor TW Shortt and Associates Fl. Real Estate School And Training Company Key West,Florida, USA 270-319-172 www.ClassesFormingNow.com

  • Montana along with every
    By May 2, 2008 - 6:08am

    Montana along with every other state needs to update their rules regarding real estate transactions. There is no problem in identifying the typical duties of a real estate broker in the state licensing law, the issue is whether a consumer has the “right” to waive these duties on the part of the broker. Real estate license law is written (by brokers and lawyers) from the standpoint that consumers are children and need the protection of the state. “Minimum Service” laws (and rules) that have no provision for the consumer to waive them are an insult to consumers. If adding a simple provision giving the consumer the power to waive these “minimum service” provisions is the solution; then why not just do that? The answer is that the real estate industry (state regulatory bodies are controlled by the REALTOR associations) are not comfortable with the concept that with “limited service may come a limitation on the fees that they can charge”. The Montana Real Estate commission is part of the overall collusion between the organized real estate industry, the National Association of REALTORS and all state and local affiliates. This insistence by state real estate regulators to keep a provision on their books that makes certain minimum service rules mandatory (can’t be waived by consumers) is not likely to get changed voluntarily though. The entity that originated the complaint in the Montana case is a “traditional broker” trying to stop the introduction of a lower cost real estate brokerage business model. This is what keeps these real estate regulatory bodies (the NAR and some local affiliates) in the cross-hairs of the DOJ. The involvement of the DOJ and the FTC is unfortunately the only hope of seeing this anti-competitive practice eliminated. Consumers of real estate services deserve to select what services they want from a real estate broker and pay for only what they want and need. Terry Shortt, CRS, GRI Broker, Instructor TW Shortt and Associates Fl. Real Estate SChool And Training Company Key West,Florida, USA