Thursday, June 19, 2008

Experience is not required to become a Florida Real Estate Broker. The rules need to change!



That`s right! In Florida the law allows you to become a Broker by obtaining an associates licnese for one year and passing the 45 hour post licensing requirements.

It doesn`t take into consideration to become a Broker you need to have experience, especially if you want to run an office.

That being mentioned we`re attempting to negotiate an offer with an agent who is on sabbatical.
The agent seems to have left the business! It`s been 10 days since we sent an offer to the office. No Luck!
Yesterday, I decided to call the office to see if the Broker was available.
As luck would have it they were in.
I immediately got into my car and went with the intentions of finding out why our offer wasn`t yet presented.

The Conversation is as follows:
Me: We`ve been looking for response from the seller of this property. We`re told the agent is no longer available.
New Broker: Yes, that`s right. We can`t present without the agent. It`s not right!
Me: Not right!? The agent is MIA, you`re the Broker of record to this office. You can contact the seller right now!
New Broker: It`s not my listing, I really shouldn't`t be involved.
Me: Wait a second, you`re the Broker, guess who owns the listing?!
New Broker: The agent!
Me: No you do! You can call the seller and present the offer.
New Broker: Who told you that?
Me: How long have you been in the business?
New Broker: I`ve had my license for two years, but don`t have much experience.
Me: So you still went ahead and took the Broker`s exam?
New Broker: Well, my husband couldn`t pass the test, so I took the class than the state exam and passed.
Me: who runs this office?
New Broker:Actually, my husband, but I`m the Broker.

It`s quite amazing, I`m in the midst of losing a client because the Broker of record doesn`t know the rules. The office is left to a person who was able to pass the State Exam, but doesn`t really understand the rules.
There`s something very wrong with this picture. Brokers should be required to have a minimum of 5 years experience in this business.
You can be a broker by default i guess!
I left the office shaking my head,not knowing what else to do!
Sad,but very true!

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