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#343820 - 07/13/10 01:33 PM Broker willing to pay my class and license fee!
Newbie21 Offline
Junior Member

Registered: 07/13/10
Posts: 5
Loc: United States
Ok well short story is this... the real estate agent who sold me my house said that i should get into the business because she thought i would make a good agent. but i didnt have the time or money to do classes... fast foward a yr later. I see her again and this time she owns her own business now and is willing to pay my schooling and license fees so that i can become an agent. Now i dont know if Im just being cynical but does this ever happen to people? Or should I be looking for a motive lol. She is very nice and I like her alot and she is very successful. she has been in the game for a long while and everyone who she sells to loves her.. including me when she sold me my house. my classes start next week and im really excited about them... im just scared this all just might be too good to be true. what do you think??

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#343823 - 07/13/10 01:59 PM Re: Broker willing to pay my class and license fee! [Re: Newbie21]
FSBO Offline
Member

Registered: 12/11/08
Posts: 342
Loc: Pineville, LA
Heck, I say take it. Unless of course there are strings attached. But either way be ready to spend some money in the beginning. Good luck and stick with it!

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#343831 - 07/13/10 02:36 PM Re: Broker willing to pay my class and license fee! [Re: Newbie21]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 4725
Loc: Vermont's North-East Kingdom
Originally Posted By: Newbie21
im just scared this all just might be too good to be true.
It's really not that big of an investment . . . . especially IF it's in someone she trusts to be sincere.

And she must sense a degree of loyalty in you. All you can do is do your best and make sure that her confidence in you is not misplaced . . . . one of Life's heavier burdens.

Good Luck !
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

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#343867 - 07/13/10 09:54 PM Re: Broker willing to pay my class and license fee! [Re: Vermont]
Perky_REALTOR Offline
Mod Squad
Major Contributor

Registered: 11/27/06
Posts: 7685
Loc: PA
Sounds good to me. Wish my first broker had offered to pay for my class.

You have nothing to lose but a few hours of your time.

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#343868 - 07/13/10 10:00 PM Re: Broker willing to pay my class and license fee! [Re: Newbie21]
Newbie21 Offline
Junior Member

Registered: 07/13/10
Posts: 5
Loc: United States
thank you for the replies. another ?? i have is : on average how many closings do you have a month? and how many did you have in your first year?

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#343878 - 07/14/10 06:17 AM Re: Broker willing to pay my class and license fee! [Re: Newbie21]
Perky_REALTOR Offline
Mod Squad
Major Contributor

Registered: 11/27/06
Posts: 7685
Loc: PA
I had two in my first year. But then again, the first 7 months of my rookie year were spent as a secretary with a real estate license, rather than as an actual real estate agent.

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#343886 - 07/14/10 09:32 AM Re: Broker willing to pay my class and license fee! [Re: Perky_REALTOR]
Mark Brian Offline
Member

Registered: 11/08/07
Posts: 452
Loc: South Carolina
I have heard of a local company that offers this kind of arrangement and then you must agree to stay with the company for one year. The desk fees for your first year with the company more than cover what they pay for your class and license. Especially since they also teach the pre-licensing classes!

But I would also say to go for it and wish you good luck and much success!
_________________________
Mark Brian Silver Star Real Estate LLC
Anderson South Carolina
Upstate South Carolina Real Estate

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#344299 - 07/16/10 10:10 PM Re: Broker willing to pay my class and license fee! [Re: Mark Brian]
super realtor Online   content
Major Contributor

Registered: 05/01/05
Posts: 8478
Loc: georgia
Nothing is ever FREE and you pay now or down the line. The question is if you are getting a fair deal or not. I say you are as you might not even pass the test the first go around. She must see real potential in you to invest and have that risk.

Remember when you are new you absorb and learn and you can't make demands as you don't have a track record for success yet.

Good luck

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#344334 - 07/17/10 01:11 PM Re: Broker willing to pay my class and license fee! [Re: super realtor]
Sally S Offline
Member

Registered: 07/17/10
Posts: 49
Loc: Indiana
If it's something you are interested in then go for it. She is probably trying to build her business and thought of you as a good candidate. I would take this as a compliment.

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#345964 - 07/30/10 10:38 AM Re: Broker willing to pay my class and license fee! [Re: Sally S]
amasters Offline
Member

Registered: 04/28/10
Posts: 35
Loc: Indianapolis, IN
I think I would try to put myself in her place and ask, "what do I stand to gain by spending money on this person's behalf".I guess is she is legitimately trying to help you, but at the same time, hopes that such generosity would instill a sense of indebtedness, loyalty or whatever. It sounds like she's being sincere in saying that you would make a good agent. She probably wants you to work for her. Depending on what commission split she'd be willing to offer, it might be worth it. So long as you're not under contract to repay her you probably can't go wrong by taking her up on the offer.

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#346056 - 07/31/10 06:36 AM Re: Broker willing to pay my class and license fee! [Re: amasters]
OverTheEdge Offline
Veteran Member

Registered: 08/24/08
Posts: 1008
Loc: Middle of Ohio
My guess is she sees something in you that makes her want to have you in her office. I am sure she is taking you on as an agent because she thinks you will succeed. If you look at this from her side - she is putting time and money into you - and if she is doing that - she knows you will bring something to the table. Most smaller brokers are not "machines" they do not just want agents to fill the space and give them money, they want positive people that will work hard as agents, make the office a nicer place to be. She is building her brokerage and you are part of that. Seems like a very positive step for you. You are lucky that a broker has take such and interest in you - one with a good sales record and people skills. Not only is she helping you with your classes but it sounds like you have someone to mentor you too. One of the biggest things in real estate is to learn how to read people - or you can be taken for a ride by a seller or buyer. Real estate classes don't teach you this - so once you pass I would suggest that you shadow her - offer to help her in anyway you can so you can learn from her. My first 7 months were in a terrible brokerage - I thought I was doomed as an agent - then a met an office manager for CB who had what you are describing in your broker. I sold 2 houses in my first six months, 4 in a year and I know I am the agent I am today because of her. I left that office after 2.5 years, she had moved up the corporate latter and I moved on too. I still see her at board events and thank her every time I see her. Good Luck.
_________________________
"No cause is lost as long as there is one fool left to pursue it". Wil Turner

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#346354 - 08/03/10 12:40 PM Re: Broker willing to pay my class and license fee! [Re: OverTheEdge]
iquebec03 Offline
Junior Member

Registered: 08/03/10
Posts: 5
Loc: Miami, Florida
Go for it. You have nothing to loose. Now a days everything cost money, but if she is willing to pay for the couses, it must be that she saw sucess in you. You will probably become an asset to her company and that is why she probably is paying for your course.

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#346514 - 08/04/10 01:34 PM Re: Broker willing to pay my class and license fee! [Re: Newbie21]
Grace S. Offline
Junior Member

Registered: 08/04/10
Posts: 5
Loc: Canada
Wow, how lucky! :-)

I spent a total of about $800 for my books/course and the exam itself, ouch! I hope things worked out for you!!

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#352540 - 09/27/10 06:44 PM Re: Broker willing to pay my class and license fee! [Re: Grace S.]
Brent Mitchell Offline
Member

Registered: 07/30/08
Posts: 55
Loc: TX
Since she knows you, that's why she's willing to take the chance on you. If it was just a random broker providing that, make sure you see what they get in return...it might not be all it's cracked up to be.
_________________________

Brent Mitchell
Keller Williams® Realty
Real Estate Careers -
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