Why I Don't Recommend Classroom Real Estate Licensing Courses - YouTube

robert earl digital agent show and today i'm going  to share with you why i can't in good conscience  

recommend a classroom real estate course so  about once a week i get asked the question  

robert can you recommend a real estate school in  my area that i can take in a classroom setting  

and i'm going to share with you the  reasons that i cannot in good conscience  

do that and recommend a class for the first  thing plenty of real estate schools across  

the country cannot keep track of every single one  of them because they have different policies they  

have different procedures let me share with you  some of the reasons the first part is scheduling  

i get these emails that ask me the question which  real estate school should i select but i also hear  

about individuals that are excited about getting  their real estate license they want to take the  

class they contact the real estate school and  the real estate school says well our next class  

is going to be scheduled when the classroom  is full they're waiting for enough people  

to sign up so that they can actually hold a real  estate class and be able to afford the instructor  

and afford the space it makes sense to the school  but not to the individual that is looking to take  

the real estate class so therefore they don't  know if their class is going to start next week  

in two weeks i've heard of folks having to wait  a month month and a half in that same period of  

time they could have completed an online course  and been then waiting to take the actual test  

another reasons i can't in good conscience  recommend a classroom course is i don't know  

anything about the instructor and neither do  you the real estate class now there's some great  

instructors out there and the real estate school  might have great reviews but you don't have the  

specifics reviews of that particular instructor  you don't know what their background is is it  

somebody that has been in an inactive status for  a period of time and the real estate school found  

them and they're going to be teaching classes in  order to be able to pick up some extra dollars  

but their actual experience out in the real  estate school is very limited or the real estate  

field has been very limited and that they haven't  been practicing real estate for a period of time  

is this individual best suited to prepare you for  passing the real estate exam because that's what's  

what it is all about and also personality wise  don't know if there's going to be a personality  

clash from those types of things so i know that i  cannot in good conscience make that recommendation  

another thing that occurs with regard to policy  is attendance you see the state mandates to  

the real estate classes that you have to  be in the class for a set period of time  

and if you happen to be taken let me give you  an example if you're taking a tuesday night  

thursday night because you're working full-time  you're taking an evening class and you happen  

to for whatever reason whether something going on  with your family you have a valid excuse but you  

missed that tuesday night chapter 3 section many  real estate schools will require you to take  

that section of the class and you'll have to wait  until the next time that it is given so remember  

we already talked about scheduling how that could  be difficult it also could be that you would have  

to wait four weeks or six weeks eight weeks  however long the course was for chapter three  

to be taught again or you'll have to take time off  of your job to go and actually satisfy those hours  

in an online course the way that it works is while  you're reading the materials and you're going  

through the chapters you're getting credit for the  time that you're spending if you have to hit pause  

because you have to go attend to something with  the family matter if you have to do a project  

for work and then you come back to your class  the clock will then start ticking again when  

you log in and you engage with the materials so  you have a lot more flexibility in your schedule  

and you're not going to be held to a point where  you have to wait for the next time the class  

is given so the attendance policy is really  something else i ran into this example myself  

when i figured out that the way in which the real  estate class is delivered in a classroom format  

does not match the way in which the test requires  you to deliver information let me explain  

the exams are going to be given in a multiple  choice format and there is a test taking skill  

to multiple choice questions the way that you read  the question the way that you read the particular  

answers whether or not you mark something to  go back and review whether you go with your  

gut in the first instinct that you have in the  classroom they're going to be going through the  

material that you already read they're going to be  reviewing it they're going to be going through it  

and here's what ends up happening they're going  to say well this might be covered on the test  

well this is specifically going to be covered on  the test this information you might want to make  

note of so now you've got separate notes on the  side as well that you're going through and when  

you end up looking at your book at the end of the  day your book is highlighted all over the place  

but you don't really know what information and  what format it's going to be presented in this  

is why getting a class whatever class you sign up  for you need to make sure that you have an exam  

prep module with sample test questions thousands  of sample test questions that you can go through  

over and over again you see when you're going  through this you have to read the material you  

might as well get credit for your time of doing  that when you go to the classroom you now have  

to spend the time in the classroom and you're  still whether it's an online or classroom going  

to have to spend an equal amount of time  outside of the class preparing for the test  

if i could cut that down that would be my  particular choice and that's why i don't recommend  

classroom courses another reason is the other  students this was a specific example that happened  

to me in my initial real estate course that i took  there were two individuals that were in the course  

that kept asking questions why is this why is that  why is this a reason why did this become a law  

frankly it doesn't matter within that particular  format why it happened the law is the law or  

the information is the information regarding  easements regarding fair housing rules there  

are protected classes you need to memorize  them and you need to be able to recall them  

when it comes time for a multiple choice exam and  all of these questions what would end up happening  

is we would get towards the end of the class and  we would realize we're supposed to be on chapter 3  

but we hadn't made it all the way through  chapter three so we didn't get the full value  

of the information i had to question also were  some of these students that were in the course  

as committed as i was to get through the course  past the test because i can't start cashing checks  

until i've gotten through this have my license and  then can affiliate with a real estate brokerage  

see the real estate class also it's not  going to teach you how to sell real estate  

that comes after you've gone through it gives you  the principles the foundations but how to actually  

work with buyers and sellers that will come after  you've actually been licensed and be able to go  

through there now here's something that could be  a gotcha and it happened to me as well and if i  

can prevent you from having the same thing happen  to you then that's the value of this video and why  

i'm taking the time to do this you see real estate  classroom classes are sometimes given at real  

estate offices and although the state requires  that real estate schools and real estate offices  

be separate entities there sometimes there's  partnerships or relationships or co-ownership  

in which the real estate classes are given in the  real estate office and sometimes these companies  

will also offer a reduced real estate class  fee or they'll waive the real estate class fee  

because they want you in the end to join that  real estate company beware if it sounds too  

good to be true it usually is and what ends  up happening is that the split that you get  

the amount of commissions that you get will be  reduced potentially and therefore that 100 150 500  

course that you got at a discount or that you got  for free really wasn't free because you'll end up  

paying thousands and thousands and thousands of  dollars over the course of your real estate career  

especially in your first year second year and  every dollar that you make is going to be very  

valuable and you want to make sure that you take  this so those are some reasons some some that i've  

directly experienced some that i've experienced  through stories with students such as yourself  

that were looking to take the real estate classes  i hope you found this helpful i hope that it helps  

you in making a decision of picking a real estate  school visit digital digitalagentshow.com for  

more information about selecting a real estate  school and until next time make it a great day

you