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Letter to the Editor
By Inman News, Tuesday, October 5, 2010.Re: 'Make alphabet soup a cash cow' (Oct. 4)
Dear Editor:
I do not encourage my associates to pursue any designation that is awarded for merely sitting quietly in class for a few hours. Instead, I encourage them to obtain their associate broker designation.
It requires a rigorous exam, and the clients recognize it as an indicia of professionalism.
Irene Duford
Loan officer
Hi-Tech Mortgage Inc.
Kingman, Ariz.
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Submitted by Jay Thompson on October 6, 2010 - 9:15am.
While I agree with Ms. Duford that a designation of broker is the most valuable "designation" -- and the only one the general public is even remotely aware of -- I have to say the broker exam is far from "rigorous". It's almost exactly the same as the sales licensing exam.
If an agent with three years experience (the minimum required in AZ to sit for the broker's exam) can't pass that test with their eyes closed, they should be looking for a new career.
Jay Thompson
Broker / Owner
Thompson's Realty
Blog: www.PhoenixRealEstateGuy.com
.
Submitted by Chris Tesch on October 6, 2010 - 1:30pm.
I tend to agree with Jay! It's not rigorous and only an indication of what their further intent is at times. Also, I've seen "brokers" that had much less knowledge than agents. In Texas 2 years under your hat whether you sell one home or twenty. The dirty secret about real estate is that school, for the most part, doesn't teach much. It's the 40-50 transactions a year that really teach you what's happening.
Chris Tesch
Agent
RE/MAX Bryan-College Station
website: www.ChrisTesch.com