Protected: Fair Housing. Don’t Ask me What I Can’t Tell You
Wednesday, May 2nd, 2007Posted in Miscellaneous | Enter your password to view comments
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Posted in Miscellaneous | Enter your password to view comments
I just passed the Georgia real estate broker’s test!!! This allows me the opportunity to open my own office if I ever chose to. I now have the training to be able to handle any broker related issues. I took it more for the continuing education than the thought of going off on my own.
These tests were all very challenging. They make them so 50% fail on the first go around. They seemed to have achieved that goal from what I observed. There were a lot of disappointed folks coming out of the room.
The test consisted of 12 computer simulated case studies of real broker situations. A scenario was described with limited information. From a list of about 10 choices, one had to select various pieces of information that one needed to obtain in order to come closer to a final decision. If irrelevant information was selected, points were taken away.
Depending on your selections, the computer would take you to the next step in the decision tree. A little more information was then given on how the situation changed according to your previous selections. At the end, you were given a choice on what the best solution would be.
All of the memorization of details was tested for in the end of the class tests that we had to pass before being allowed to sit for the state test.
The class itself was a lot of fun. It was 60 class room hours of mostly open discussion and group exercises. Topics were brought up and the class of over 50 would ask questions and share their experiences. It was a great learning experience.
It opened my eyes to all the liability that brokers take on when they open their doors for business. Many brokers fail due to poor planning and unrealistic expectations. There are a lot of costs to be aware of.
I took the class so I could be better informed about real estate. I really enjoy being a sales agent and want to leave all those broker responsibilities to my broker. It’s much more fun working with buyers and sellers than working on recruiting agents.
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What's happening in the Atlanta real estate market? I'll tell you my humble opinion on things going on in my small part of the world. I'll let you know details about the subdivisions that I specialize in and details about the really nice homes that come on the market.
