The other day, I posted a blog in which I mused how the NAR and the various member associations seem to have no particular competency requirements of members and no way to test their ability. (Yesterday's Blog)
Perhaps I am wrong, but it appears to me that once you have satisfied the licensing requirements of your state, and you vow to the local Association of Realtors to follow the Realtor ethics, all you need is your check book.
It's an odd approach, really, since almost every other license requires actual proof of competency.
You can't say you're an electrician without the experience that moved you from a journeyman to a master electrician.
In Texas, and probably elsewhere, you can not get a license to teach in a public school without having taken a set curriculum of courses in teaching methods,
The state thinks that is as important as your knowledge of the subject that you will teach.
Before your license to teach in granted, you must actually teach in a real classroom on a daily basis for a full semester, monitored by a licensed teacher, and tested from time to time by an education professor.
Medical educations essentially work the same way. The student becomes a "provisional" doctor and cannot practice alone until he has at least successfully satisfied an internship.
Barbers, beauticians, appraisers, and on and on have to prove competency, but real estate agents don't.
They get a salesman's license and the next day they are working to list and sell real estate.
How is that ethical? An agent is allowed to do what they have insufficient knowledge of.
Meanwhile, the public is lead to believe that they will be competently represented.
Broker - Realtor
Keller Williams Dallas Premier
Direct Number 214 503-8563