Warren County Ohio Real Estate News and Observations: A Real Estate Agent's Education Never Stops

A Real Estate Agent's Education Never Stops

always open to learn something newBecoming a real estate agent in Ohio is relatively easy.  Take four courses, pass a state test, get hired by a broker and you're legally authorized to help home buyers and sellers.

But the real learning to be an effective real estate agent?  That's a never ending process.  We can do things to shorten the time it takes to learn vital lessons, but there is ALWAYS something more to learn in this profession.

There's some bare minimum legal requirements for every agent. 

In Ohio I'm required to take 30 hours of continuing education every 3 years.

Since I'm also licensed in Kentucky as of two years ago, I had to complete 48 hours of post licensing education (all done).  After that, it's 6 hours of continuing education annually.

The National Association of Realtors require the Ethics course every other year.

That's just the bare minimum to stay licensed, but the things I learn that are most useful on my clients' behalf comes from other sources.

There's of course on the job training.  The more buyers and sellers we've helped, the more situations we've encountered and the easier it is to solve problems.

  • Multiple offers
  • Short sales
  • Underwriter requests...what do you mean the cistern is 10 ft too close to the septic tank??
  • Inspection disputes
  • Appraisal issues
  • Financing issues

Then there are the things we choose to do not because they're required, but because they're good things to do to stay up to date on our markets.

Each month on the first day I review my county's performance the previous month.  How many houses sold?  How many are for sale?  How much was the average price?  Median price?  Time to sell?  Percent of sold price vs asking?  Foreclosures?  Short sales?  New construction?  Then deep dive about a week later for the biggest communities in our county.  I'm an engineer/real estate agent, so give me data and I'll be a happy camper.

Each morning my email has a list of homes that MIGHT match my buyer's needs.  Most mornings before I've had my feet on the floor I've reviewed that email and mentally checked off, that house to Sharon, that one to Carol, that one to Bob, and STILL nothing for Marylou.

Daily activities include reading information from other agents from across the country.  Is there anything they're doing that can help my sellers or buyers?  Evaluate and implement as appropriate.

For our patio home niche I routinely check builder's sites and emails for new communities.  Google map searches for small pockets of patio homes.  Add new trackers as I find another spot in Greater Cincinnati.

Rinse lather repeat.  The learning never stops!

 

 

Interested in knowing more?  The answers are easy to get, just call Bill at 513-520-5305 for a chat.  Like what you hear, we can meet in person and get even more detailed about determining the best path to take care of your future home needs!

 

We look forward to hearing from you!

Serving Greater Cincinnati home buyers and sellers,

Bill of Liz and Bill aka BLiz 

 

 

Serving Warren County Ohio & Adjacent Areas


The Liz Spear Team of RE/MAX Elite
Elizabeth Spear, ABR, CRS, Ohio License SAL.2002007747

William (Bill) Spear, CRS, Ohio License SAL.2004011109  Kentucky 77938
Ask for us by name if you visit the office!

EHO Two locations: Lebanon & Mason, OH
Bill Direct:  513-520-5305
Liz Direct: 513-265-3004     
Fax: 866-302-8418

MailTo:  Liz@LizSpear.com

Search Homes:  Http://WarrenCountyOhioRealEstate.com

Our Website:  www.LizTour.com

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Comment balloon 16 commentsLiz and Bill Spear • October 26 2018 12:09AM

Comments

Excellent post Liz and Bill Spear and yes the learning never ends but I thought that was what made it fun. 

Posted by Bob "RealMan" Timm, Bob Timm, Project Coordinator for Tivoli Homes (Tivoli Custom Homes) about 2 months ago

I agree. I learn something new all the time, over and above any official classes we need to take. Education never stops if we are open to it.

Posted by Kat Palmiotti, The House Kat (Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com) about 2 months ago

Well done Bill. I agree, learning doesn't stop with taking your required courses to get your license. You can learn something every day, from other agents, others in the industry, even the market reports around the country!

Posted by Kathy Streib, Home Stager - Palm Beach County,FL -561-914-6224 (Room Service Home Staging) about 2 months ago

There are many lessons learned with each transaction. Continuing Education is required but lifes lessons in working real estate is an experience.

Posted by Rose Mary Justice, Synergy Realty Pros (Synergy Realty Pros) about 2 months ago

The fact that their were nothing but repeat, repeat, repeat classes available to agents is what made me get my instructor license.

Posted by Tammy Lankford,, Broker GA Lake Sinclair/Eatonton/Milledgeville (Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668) about 2 months ago

I agree ... learning never stops ... it's ongoing and neverending!

Posted by Diana Dahlberg, Real Estate in Kenosha, WI since 1994 262-308-3563 (1 Month Realty) about 2 months ago

This is yet another aspect of real estate that many coming into the business don't realize. They can't just take the classes and be done with it - if they want to succeed they have to keep learning.

That's not a happy realization for some.

Posted by Marte Cliff, Your real estate writer (Marte Cliff Copywriting) about 2 months ago

                   

                                    Thank you, BLiz.

Posted by Kathy Streib, Home Stager - Palm Beach County,FL -561-914-6224 (Room Service Home Staging) about 2 months ago

Good morning Bill. Education is life skill. If we stop learning we stop the growth that makes us what we want to be.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) about 2 months ago

Hahaha, we don't call it a cistern out here--but yeah there are definitely issues when you get a water source too close to the septic tank!

The stuff agents don't know, even those in the business for quite a few years, could fill the Library of Congress.

It absolutely terrifies me to see agents who have worked for a builder for 3 years writing one contract over and over, get a Brokers license and open up their own shop, which they can do. But they don't know anything. That will be quite educational! LOL

Posted by Candice A. Donofrio, 928-201-4BHC (4242) call/text (Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker) about 2 months ago

Very true Liz and Bill Spear real estate agent's education never stop.

Posted by John Pusa, Your All Time Realtor With Exceptional Service (Berkshire Hathaway Home Services Crest) about 1 month ago

I am always scared to death of the agent that tells you because he/she has been in the business for X years, that they know it all. I learn something every day, and never stop looking for new training opportunities.

Posted by Greg Kilroy, the Velocity Group (Keller Williams Sonoran Living - The Velocity Group) about 1 month ago

So true.  Every time I got to a class I learn something.  Looking at any topic with fresh eyes reveals more.  People ask questions and relevant or not, you are still learning.  

Posted by Genevieve Ramachandran (Michael Saunders & Company) about 1 month ago

Continuing to become better educated is far more important than agents and brokers realize.

In Florida, the state makes changes to the contract on a regular basis. Few agents take classes on the contract, which is a legal document. 

To serve the consumer as we should, we must be up to date on our education.

Thanks

Posted by John Wiley, Lee County, FL Real Estate GRI, SRES,GREEN,PSA (Right Move Real Estate Group- EXP Realty) about 1 month ago

 

And we have the wonderful opportunity to learn each and every day whether taking a class, talking with clients,  talking with other agents, answering questions from the public or right here on AR. 

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) about 1 month ago

Each transaction is like taking a college course in real estate. Some are more interesting than others but always new experiences and a chance to learn something new. With all the courses both CE and elective, there is no learning like real live buying and selling.

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 16 days ago

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