Market Conditions in Boston>Question Details

Eve, Other/Just Looking in Boston, MA

I recently moved from Los Angeles and have worked with multiple real estate agents there for many years.

Asked by Eve, Boston, MA Wed Jul 9, 2008

While I do not have a license or a formal real estate education, I was always quick to pick things up out there and often worked on creative marketing projects for our sales. Now that I've moved, I realized I should put some of the skills to use by getting a real estate license even through this real estate slump. Is it better to take courses through a broker (like Coldwell Banker, etc) or through an accredited real estate school? What are some of the best/better schools out there?

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Eve,
Contact the licensing department at the state level. Look at the requirements to take the test and get them out of the way. Kaplans offers good online course work and it can be done pretty quickly. Some of the courses you've take in college might already count towards the qualification to take the test.
When you decide which brokerage to hang your license with ask about mentoring as well as education offered. Keller Williams has the most as far as my experience goes.
Real estate is a huge business and I think that a GRI is the best designation to get. It ewxposes you to all the aspects of the industry. It is 96 hours of continuing eduacion from the Realtor Institute and very valuable. Thay anyway is my view but I will admit I like to have a wide body of knowledge that I can go deep on when needed rather than a deep narrow body of knowledge that I have to refer out whenever I am not in my expertise zone.
Good luck and hope you stay on Trulia.
Web Reference: http://www.fogcityguide.com
0 votes Thank Flag Link Fri Jul 11, 2008
Jed Lane, Real Estate Pro in San Francisco, CA
MVP'08
Contact
Hi Eve, not sure why I was thumbed down - perhaps by the other agents because I mentioned by affiliation - not meaning to sway you one way or another. You will learn much, especially in your first few years. It was helpful for me to be a part of an established and successful office in my area that made ongoing training and mentoring a priority. As you consider brokers, ask about those things that matter most to you.

Best of luck,
Jeannie Feenick
Web Reference: http://www.feenick.com
0 votes Thank Flag Link Wed Jul 9, 2008
In Los Angeles, I had the opportunity to show houses many times or meet with inspectors, appraisers, broker load properties-the typical marketing process, create CMAs/comparables/BMA, and hold many open houses and client events. So I've had those experiences... I'm still very new to the area so I'm hoping that working under a broker might force me to get to really know the market out here and the locale.
0 votes Thank Flag Link Wed Jul 9, 2008
Eve - I would like to reinforce Mike's point that real learning takes place after you pass the test . When you are looking for "your" brokerage, ask about learning opportunities - and the associated costs - before you pick one. Best of luck in your new career!
0 votes Thank Flag Link Wed Jul 9, 2008
Eve,
Welcome to the East Coast! Two things: (1) the point of the course is to prepare you to pass the test, and (2) the "real" learning will take place once you are under the wing of a competent broker. I took my classes at area-school.com here in the Boston area and they were fine. I passed the test the first time. But, again, I really knew very little on my first day on the job!

Most brokerages offer a class as well. Our company's is at commonlicenses.com
I think the fees are roughly the same from school to school.

And although many would consider this a real estate "slump", I think it's a fantastic opportunity for new agents with a strong marketing mind to get into the business.

Good luck and if I can be of any further assistance, please don't hesitate to shoot me an e-mail.

All My Best,
Mike
0 votes Thank Flag Link Wed Jul 9, 2008
Good Morning Eve..... I suggest that you contact the governmental entitly responsible for licensing real estate agents in Massachusetts, whether it is a real estate commission or department of real estate. The commission will have a list of accredited schools from which to choose. In that way, you can explore your options.
Web Reference: http://www.YvonneBaker.com
0 votes Thank Flag Link Wed Jul 9, 2008
Hi Eve, I am an agent here in New Jersey - I spent most of my career in financial services and then in 2005, just as the market turned, I decided to enter the real estate business. My husband and I had bought a number of properties along the way. I found that during the real estate course and as I worked through the material, much of it was familiar from what I picked up in my own life experiences. I'm sure you will find the same to be true.

As to what courses are best - I took a course sponsored by Weichert Realtors - the instructor was a very experienced Broker/Realtor with no affiliation to Weichert. The course was very good and I did just fine on my exam first go around. An advantage can be that that if you have an idea what Broker you might want to "hang your license with" they may cover all or a portion of your training expense if you attend a course sponsored by them. You can ask them about that.

The upside of the down market is that you will work hard for everything you get - and the work ethic that you develop will serve you well in this market and all others. And then just think about how well you'll be prepared for the market when it turns - and it will!

Best of luck to you! Think of me if you have referrals here in NJ - you can find me online at http://www.feenick.com. Let me know when you are established and I'll do the same for Boston-based leads.

Best,
Jeannie Feenick
Weichert Realtors
Search and connect at http://www.feenick.com
Web Reference: http://www.feenick.com
0 votes Thank Flag Link Wed Jul 9, 2008
Eve,

While I don't work at CBRB (Coldwell) I did take their course and found that my experience was slightly more positive than some of my co-workers who went to a well-known real estate school in Brookline. When I finished my class I had the option of meeting with any Coldwell manager, but chose to go for an office that was smaller than the Coldwell offices in my area. If you have any other questions, feel free to ask.
Web Reference: http://www.gregkiely.com
0 votes Thank Flag Link Wed Jul 9, 2008
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