Coldwell Banker Premier Realty Real Estate School


Utah Sales Agent Licensing Course

The state of Utah requires a 90 hour licensing course with the course content specified by the Real Estate Division. The state also mandates that a student cannot receive credit for more than eight hours in any given day, and no more than 50% of the course can be delivered in means other than live presentation in the classroom, such as videotape, computer assisted learning, etc.


Stringham Real Estate School's Course
Stringham Real Estate School Website

Almost everyone who is aware of the various options for real estate school agrees that the Stringham Real Estate Sales Agent Licensing Course is by far the best way to obtain the required education. There are several reasons why.

1. Classroom Instruction: Since the student must spend 90 hours in the classroom, it is vital that the experience be a great dose of sparkling instruction. Stringham classes are filled with laughter, curiosity, engrossing discussions, real world examples, and special insights as each topic is covered.

2. Instructors: Each instructor is hand picked and passed through the screen of student evaluation. If the students don't enjoy the teacher, they just don't last. Our staff includes several of the finest sales trainers anywhere in, Rick Roller, John Harr, and Bob Rose.  Also is a lady who is the master real estate assistant in all of Utah, Sue Syszne. Then of course there are Arnold and Marti Stringham, Distinguished Real Estate Instructors (DREI), whose reputation as extraordinary teachers is known throughout the nation.  Kevin Swenson, the other owner of the school also receives high marks and consistent praise from his students.  You will truly be excited about your career in real estate when you have studied with these wonderful instructors.

3. Textbook: From the beginning of the school in 1989, Arnold and Marti were determined to have the finest textbook for a real estate licensing course in Utah. Therefore, they set about the huge task of writing their own book. The result has been remarkable. They had certain objectives that  created a unique text you will learn to deeply appreciate. In general, they resolved to create a book that would serve as the best possible source for test preparation and use for the practitioner working in real estate. The result includes:

  • An easy to study and review outline format. 
  • Everything you need to know for the exam and for the real estate practice without giving page after page of unneeded examples and illustrations. The examples and illustrations are given by the teacher in class. People who highlight the important passages in a chapter in most textbooks will find themselves highlighting almost everything in this book. 
  • There are quizzes at the end of each chapter to start you preparing for the state exam right from the beginning. Answers to all the quizzes are in a special tabbed section later in the text. 
  • The glossary was created with two objectives in mind:
     Any term that appears is in the test whether it is used in actual practice or not, and any term that is regularly used in professional practice by a real estate agent whether it is on the exam or not. 
  • There are many review and practice exams in the text so you don't have to come to the school to do your final preparation for the exam. These tests move you carefully and accurately from simple questions which help make sure you understand each concept you are learning, to actual simulations of the state exam with questions in the exact same format and covering the exact same content the state exam will cover.
  •  The forms section contains almost all of the common contract forms you would use as a real estate agent. We often refer to that section when teaching the various topics to show how each topic relates to actual practice.

4. Relevance to the actual world of the real estate agent. We believe there is "life after the state exam." Therefore, we place great emphasis on showing how each concept applies to the work of a real estate agent. As a new agent who graduated from Stringham Real Estate School you will notice a marked difference between what you know, and what new agents who attended other schools know. Many sales trainers in the brokerages are impressed by this fact.


Get enrolled today and get control of your life.  Make money in real estate and bless peoples lives.  It is a wonderful career!



What does it cost to become a real estate agent?

Considering the fact that you can become a real estate professional in as short a time as three or four weeks, the cost is very low. It does not require four or more years of college that can cost tens of thousands of dollars a year. But there are a few costs that must be covered. Here  are some of them:
 
Tuition
State Exam
Licensing Fee
$420 ($450 at Stringham in SLC)
$ 68
$151
Joining Board of Realtors® $350-$600
(varies by board and time of year)

Additional costs may involve such things as:


Advertising Property Signs
Business cards Brochures
Postage Gas and upkeep of car
Other business related expenses

Occasionally some of these expenses are shared or paid by the company you work for. Discuss these things before signing an employment contract with any company.

Selecting a Broker

Introduction:   

There is probably nothing that will contribute more to your early success in the real estate business than the proper selection of a broker and an office.  Each sales agent is different; and, therefore, must individually seek a broker who will allow him/her to achieve at the highest level possible.  In most cases, it is wise to interview with several brokers before making a final decision.  You will find that most brokers will be delighted to meet with you, and you should be equally grateful for the opportunity.  The following are suggestions to make your interview productive and your selection a wise one.

Interview:

·        Dress and groom yourself in the manner you feel a real estate professional should.  The broker should see you as you will appear as a sales agent in his/her office.

·        Be relaxed, but speak confidently and properly.  How you act in the interview reflects how you will act with clients and customers.

·        Interview the broker thoroughly, but leave his/her with the feeling that he/she is interviewing you . . . because he is.

·        Answer all questions honestly.  Don´t commit to things you will not be willing to actually do.  When information s offered, feel free to pursue the subject until you are satisfied you understand completely and your underlying questions have been satisfactorily answered.

·        Ask your questions in the context of the broker´s questions as much as possible.  Nevertheless, do not be reluctant to discuss commission splits or working conditions.  He/She expects you to be interested in making a lot of money.  He/She knows that when you make money, he/she will make money.  However, do not be overbearing.

 

 Who will I work for and who will I work with?

       The Broker:

·        Do I like him/her?  Will my personality and his/hers relate well?  Am I comfortable with the broker?  Do I like his mannerisms?  Do I agree with his philosophy of business and life?

·        Is he/she a competing broker?  Is he/she actively engaged in working with buyers and sellers?  If so, how much does his success depend on his/her own sales?  In other words, will he/she have time for me or will he/she be a competing broker, competing against me?

·        Will he/she be able to motivate me?

·        Exactly how will I interact with him?  Will he/she be my direct supervisor?
 

      The Sales Manager and Staff:

·        Is there a Sales Manager (or equivalent)?  If so, what will my relationship be with this person?  If there is a Sales Manger, then all of the questions for the broker should be answered about the Sales Manager

·        What is the staff like?  Will I like being one of them? A re they professional?  Are they busy?  Do they have time for me?  Are they successful and working together?  Do I feel comfortable with them?

·        What opportunities or obligations will I have for floor time?

 

 Location

·        Is the location good for me?  A location close to home is nice, but not always necessary.

·        Is the location good for the type of business I´ll be doing (residential, commercial, leasing, etc.)

·        Do I like the decor and arrangement of the office?  Does it reflect the type of atmosphere I would enjoy?

·        Is the telephone system adequate?

·        Is there an MLS computer available for me to use?  How many computer terminals are available in the office for how many agents?  What other use is made of the computer that would help me in conducting my business?

·        Where, in the office, would I meet clients?  (Conference and meeting rooms.)

·        What special equipment is available for my use, such as a copy machine, fax machine, microfiche viewer, plat maps, typewriters, property tax records, etc.?  How much am I allowed to use them and what restrictions are placed on their use?

·        What is my personal work area like?  Do I have my own or do I share with others?

 

Earning Power and Office Policies:

·        What is the beginning commission split?  Is there a franchise fee?

·        When does that commission increase and how much?  Once I achieve certain levels, do I ever go  back to a lower split, such as at the beginning of the month or year?

·        Are there bonuses, contests, or other income possibilities?

·        Is there an advantage if I sell an "in-house listing" (a listing held by the company you work for, but not one of your personal listings?"

·        What is my commission split if I buy or sell property for myself?  For my immediate family?

·        Do I get the full bonus offered by other offices to the selling agent, such as ". . .$1,000 to the selling agent. . .," or ". . . a trip for two to Hawaii for the selling agent" . . . or will it also be split with the broker?

·        What is the office policy for buyer and/or dual agency representation?
 

Expenses:

Start Up Costs:

            $__________ Board of REALTORS ® initial fee

            $__________ Board of REALTORS ® monthly fee

            $__________ Real Estate License

            $__________ Business Cards

            $__________ Business Apparel

            $__________ Other _________________________________________

            $__________ Other _________________________________________

            $__________ Other _________________________________________

·        How, when, and where does the office advertise listings?  Who pays for the advertising?  What if I want to advertise on my own, will the broker participate?  Do they advertise regularly in the newspapers, "Homes for Sale" magazines, etc.?
 

 Performance of the Office:

·        How many agents in this office are making their living exclusively from selling real estate?

·        How many agents are making money on a part-time basis?

·        How many listings does the office currently have?

·        How many closings did the office have last month?  Last year?

·        Approximately how much did the top two or three agents make last year?  How much did the best new agent make?  You would be wise to interview one or two of these top agents.

·        How many agents made over $25,000 last year?  (Substitute any number you wish for the $25,000.)
 

Training:

(Be willing to pay for your training, possibly with a lower commission split to begin with, but make sure you get what you pay for.)

1.      Classify your need for training and let the prospective broker know where you stand:

2.      I am starting from scratch and need lots of training and ongoing support.

3.      I´ve done direct selling before, but need real estate training.

4.      I would like to be assigned to a veteran sales agent so I can go with him/her and have him/her go with me.

5.      I will need occasional assistance on specific problems.

6.      None

·        What type of training is available?

1.      Quick start (Usually three days to two weeks on half-day or full-day basis.)

2.      The Board of Realtors training course.

3.      Special in-house training.

4.      Video tape training.

5.      Audio tape training.

6.      Sales Meetings (how much s business and how much is actual training?)

7.      Broker or trainer availability

8.      Mentor/Protégé (will an experienced sales agent be assigned to work with me?)

9.      Seminars

10. Designations

11. Other:  ______________________________________________

12. Other:  ______________________________________________

13. Other:  ______________________________________________
 

  • Ask for the names of one or two agents who have been with the company from six months to a year.  Talk with them to get an idea of the effectiveness of the training program offered by the office.
     

A Final Check

Ask for the names of one or two agents who have been with the company from six months to a year.  Talk with them to get an idea of the effectiveness of the training program offered by the office.

·        After you have narrowed your decision to two or three offices, request an invitation to attend a sales meeting.  While there, get a feel for the "spirit of the office" which is probably one of the most important aspects of the work place.  Observe, and determine if:

1.      They like each other.

2.      They are professional.

3.      The broker is receptive to suggestions.

4.      The agents are cooperative.

5.      This is a group you would feel comfortable with and would like to work with.

Remember!

Real estate is a profession.  The selection of your broker should not be based on any one of the questions suggested above, but an overall analysis.  Your selection will have a great influence on the degree of success you will experience.  Your broker, the training, and your office will make a significant contribution, but ultimately it is you who will be the greatest determining factor in your success.  The degree to which you become professional depends on your willingness to learn and apply correct principles.  There is no place you can begin that training in a more professional and enjoyable atmosphere than at . . .The Stringham Real Estate School.


Feel Free to contact us if you are interested in becoming a Real Estate Agent.