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| Competence & Experience |
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“With the expansion of the numbers of realtors, the level of competence has fallen to its lowest point ever,” says Dr. John Tuccillo, former Chief Economist of the National Association of Realtors. |
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“Consumers have no guarantee that anyone calling themselves a realtor actually knows what they are doing,” says Jim Sherry, real estate industry consultant and President of Innovative Solutions. |
| Fact: |
Approximately 6 out of 10 sales agents have never experienced a down market.
(2007 Swanepoel Trends Report) |
| More > Competence & Experience |
| Competence & Experience |
| Fact: |
55% of real estate sales agents have 5 or fewer years of experience.
(2007 Member Profile, National Association of Realtors®) |
| Fact: |
Almost 60% of residential sales agents did only 10 or fewer transactions in 2006 [less than one per month].
(2007 Member Profile, National Association of Realtors®) |
| Fact: |
About 156,000 licensed real estate agents did zero transactions in 2006.
(2007 Member Profile, National Association of Realtors®) |
| < Prev | More > Competence & Experience |
| Competence & Experience |
| Fact: |
85% of real estate agents entering the industry have no sales background.
(2007 Swanepoel Trends Report) |
| Fact: |
About 7% of all agents make over 93% of all real estate sales.
(2007 Swanepoel Trends Report) |
| < Prev | Next > Training & Education |
| Training & Education |
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“The pre-license education most individuals receive is solely designed to prepare them to pass the state licensing exam…The course does little, if anything, to prepare them to become a successful real estate professional,” said Stefan Swanepoel, CEO of RealtyU, a real estate education and training company and author of Swanepoel Trends Report 2007, a highly respected real estate industry publication. |
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“The average new [real estate agent] licensee has therefore not been equipped with the necessary skills to properly serve today’s consumer. They are in dire need of basic skills: selling, negotiating, marketing, Internet and productivity…In the end, it’s the consumer that winds up being underserved.” - Stefan Swanepoel. |
| < Prev | More > Training & Education |
| Training & Education |
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As a whole, agents have lowered their own standards by not electing to pursue education as a means to improve themselves. For many, their only desire is to accomplish the bare minimum required to maintain their license.” -Stefan Swanepoel. |
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“We are a society that makes selections based on credentials. You wouldn’t go to a dentist because he had a nice-looking website, would you? You would go to him because he is qualified and has great references,” said Brenda Casserly, President and CEO of ERA Real Estate. |
| Fact: |
89% of Realtors® do not hold a single certification from the National Association of Realtors.
(2007 Member Profile, National Association of Realtors) |
| < Prev | Next > Ethics |
| Ethics Issues |
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“I am concerned about the lack of truthfulness and integrity that I have experienced working with some other agents. It appears to me that too many people are not holding themselves accountable to doing things by the book every time, all the time.”
(Steven Rovithis, Broker/Owner, Century 21 A1 Nolan Realty) |
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“At present we find ourselves in somewhat of a real estate quagmire. The number of ethics issues is on the rise nationwide…We read about mortgage fraud, kickbacks, commission violations, disclosure failures, on and on. That we are struggling with people who should know better when conducting business is both a frustration and a mystery.” (Mark Leader, Ethics Failures on the Rise, RIS Media, June 21, 2007) |
| < Prev | More > Ethics |
| Ethics Issues |
| Fact: |
“In a recent Gallup poll on the image of business and industry sectors, six industries have the dubious distinction of being rated in negative terms on an absolute basis this year [2007] and having seen their image deteriorate significantly more than the average sector over the past four years.” The worst three were: the federal government, the oil & gas industry, and the real estate industry.
(Gallup Poll News Service, September 6, 2007) |
| Fact: |
Of the 2.6 million licensed real estate agents in the US, 1.3 million of them are not members of the National Association of Realtors and are therefore not bound by the organization’s Code of Ethics.
(2007 Member Profile, National Association of Realtors) |
| < Prev | More > Ethics |
| Ethics Issues |
| Fact: |
A Gallup poll noted that real estate agents ranked 11th out of 21 types of professionals on honesty and ethical standards. Only 20% of respondents gave agents a “high” or “very high” rating.
(Gallup poll, 2007) |
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YourHouse.com carefully selects a handful of exceptional real estate agents in your area to be YourHouse.com approved DreamAgents.
They are among your area’s most trusted and skilled real estate professionals who have successfully completed our very rigorous selection process, including a 15-point examination of their experience and credentials and up to 7 rounds of interviews lasting up to 2 hours each.
Then, YourHouse.com matches you to a DreamAgent based on several factors including geographic area and your personality type.
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| Next > Professional Skill & Expertise |
| Professional Skill & Expertise |
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Every DreamAgent meets the highest standards of what our research says you want most in an agent: experience; professional skills including interpersonal communication, negotiation, and technology; and knowledge of the real estate market, local area, and the purchase process.
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Every DreamAgent is an expert in negotiating the best sales price and contract terms for your financial best interest. |
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Every DreamAgent is highly skilled in helping you understand the home buying process from the initial search to the closing, guiding you through many steps that culminate in a successful home purchase or sale. |
| Intro | < Prev | Next > Trained & Certified |
| Trained & Certified |
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Every DreamAgent has earned a variety of professional certifications and/or designations for realtors, putting them among the top few percent of real estate agents. |
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Every DreamAgent consistently pursues continuing education courses and training to enhance their professional skill and expertise, ultimately to serve their clients at the highest level. |
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Every DreamAgent advances their professional skill through membership and active participation in various real estate associations and other complementary organizations, improving their ability to serve a more diverse group of consumers. |
| Intro | < Prev | Next > Integrity & Character |
| Integrity & Character |
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Every DreamAgent meets the highest standards of personal character qualities that our research says you want most in an agent: honesty, integrity, trust, reputation, care and responsiveness. |
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Every DreamAgent is properly licensed by their state and in good standing with their respective local and state realtor associations, having no complaints on file. |
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Every DreamAgent was hand selected from among your area’s most trusted and skilled real estate professionals and successfully completed our very rigorous selection process including a 15-point examination of their experience and credentials and up to 7 rounds of interviews lasting up to 2 hours each. |
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| Intro | < Prev |
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