Work of USA Realtors
Talking about USA realtors, it is quite important to mind some things. Who usually takes the initiative in creating the legislation concerning real estate in foreign countries? What are the main prerequisites for its adoption? It depends on the traditions of a particular country and steps realtor movement. If we talk about the United States, almost all changes in legislation in recent decades initiate themselves Realtors. They worry about the state of their environment, the quality of services for maximum customer satisfaction in line with changing market conditions. By the way, this year commemorates a century since the establishment of the U.S. National Association of Realtors – NAR. But the countries where the Realtor market is not as developed, initiating legislative changes may proceed from the state. It thus responds to the needs of their citizens – the consumers of services. Often this manifests itself is a real concern about how to protect them from a large number of poor service among USA realtors also, but sometimes these laws are discriminatory and more populist in nature.
USA Realtors: What is important in the U.S. experience, whether it was used in Europe?
Experience of USA realtors in the has successfully used the two American continents. In Europe, has its own traditions estate business. So it happens that even the two neighboring states differently regulate the Realtor market. An interesting figure: whether there is in this country, the state licensing real estate activities or is absent. When the state does not regulate the market for real estate services, we can talk about two things: either there is self-regulation, which made a public organization, or there is no general regulation of the activity itself. For example, in Holland, this activity is not licensed by the state. Here, well-established real estate technology to deliver services, there are standards of practice, which recognize and accept all the realtors of the country. The main thing – they operate multi-listing System (MLS). This – information database (a kind of Domik.net), where the information about all the objects sold. Dutch property can be set only if the agent, the realtor is it exclusively – that is, if he signed a contract with the owner. And no one but he has no right to sell it. That’s the whole point MLS. So there is personal responsibility for the quality of the realtor for that information which falls into the database, as well as for her, so to say, mainstream. If the object is sold, the information on it should be removed from the database. If the price has changed, it is during the day (!) Should also be changed. And if it does not, then in charge of her real estate agent can be punished – up to the deprivation of the right to use the MLS. In this situation, it essentially loses its tool and work in the market cannot. Because in Holland Realtors strictly adhere to their standards. Forfeiture MLS – is the loss of efficiency at 80%. That is about using the experience of USA realtors.
USA Realtors: How is recognized as a profession estate abroad?
We turn again to the American experience in the field of USA realtors. Effect of NAR on the real estate market is enormous. Such authority of this organization is not in any other country. Suffice it to say that the National Association of Realtors USA Today brings 1 million 300 thousand people! This is the largest professional social organization. One can imagine, and its budget, and lobbying capabilities. Before it does not fawn, with her looking for a common language. Leading politicians come to a meeting with leaders of the NAR. Once a year in Washington is an asset of the organization meeting and, as a rule, he is visited by the president of the United States. Last year, Congress passed NAR in New Orleans, and speak there came two former U.S. president – George HW Bush and Bill Clinton. They said you – engines of progress, it is from your work is realized the American dream that everyone had a house, so that the economy has evolved. Because each invested dollar in real estate development makes $ 4 more in related industries: The production of building materials, furniture, household appliances. Therefore, there is a USA realtors recognized, a priority job, it needs the state.
USA Realtors: What you need to know to become a realtor?
Education of USA realtors, improvement of their skills is very important. But in most countries, there is no requirement of a special higher education. It is believed that it is a practical profession, there are many theories do not give. Because the organization and higher education realtor is rare. For example, there are in Lithuania – Vilnius University, which has a department of real estate business. In America, there is no higher education realtor. There’s only university, where courses are organized real estate. And yet it is not higher education. U.S. law does not require any certificate of special education. You can have a college education, take courses, pass the tests. Every two years required to repeat a course and thus confirm the qualifications. In most countries, a real estate agent can be any adult citizen, regardless of prior education or occupation. USA realtors may have a medical education, but it must undergo one-year course and training in the real estate company.