September 30th, 2007 — Real Estate Sales
Not that it is such a high hurdle that you would expect someone who you are trusting with your financial future to clear, but the California Association of Realtors and the California State House have made a token effort to tighten up the criteria for attaining ones real estate license.
Now instead of attaining a conditional license with one class taken and passing a very simple test, you have to take 3 classes and pass a very simple test. Is it any wonder that 1 in 50 Californians has a real estate license. Maybe with the slowdown in the market and these tougher restrictions the cartel can get the number down to 1 in 60 and raise the professionalism.
Nah, never mind, that is just madness on my behalf…
Beginning Oct. 1, the state will tighten its licensing requirements for real estate agents. Signed last year by Gov. Arnold Schwarzenegger, Assembly Bill 2429 mandates that applicants complete three college-level courses before taking the state real estate license exam. It was sponsored by the California Association of Realtors.
A soon-to-be-eliminated alternative allows applicants to seek a conditional license after taking a single class and passing the state exam. The remaining course work must be completed over the next 18 months. Under the new law, “there is no more conditional license,” said Alex Creel, chief lobbyist of the realty group. via The San Diego Union-Tribune
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