Industry News

A lesson in real estate education

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As I begin the year with my business plan and budget in place I have been thinking a lot about education. I used to work in a real estate office where there was this agent -- I'll just call him "Sam." Sam was the master of finding free continuing education courses (CEUs). As real estate licensees in Minnesota we are required to take 15 CEUs every year. That isn't much -- 15 hours spread out over a year. They can be taken online, through our company, or at the real estate school. All of our local boards have events that include educational components and credits. During our office meetings the broker used to have Realtor Sam report on where he found free CEUs. Our office was proud of Realtor Sam, and he was the go-to man for free CEU courses. He would sometimes take the same course a few years in a row if he liked it. There are some agents in my market who don't mind paying for courses but who will not take a course that doesn't include CEUs. Our local boards wo...