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Real Estate lobbiests have a lot of power, and are surprising effective. In CA a few years ago they wanted Gov. Schwartzeneger to sign a bill requiring all Rea
by marincounty 11y ago
Real Estate lobbiests have a lot of power, and are surprising effective.
In CA a few years ago they wanted Gov. Schwartzeneger to sign a bill requiring all Realestae sales persons to be working for a broker for two years before striking out on their own to become Brokers. He saw the their wasen't a need to change the system, and vetoed it. He said, "Why decrease supply? We haven't had one instance where a new broker screwed up."
We all know what it takes to peddle Realestae. Eight courses and a lot of networking, and a lot of advertising. It's not rocket science. It's such a joke--I'm astonished the profession haven't been gobbled up my an app yet.
Well, out of stupidity, or lobbying Gov. Brown signed the bill. If you want to become a broker, and split you commission with the top cheerleader, you need to work two years in order to peddle houses.
It bother me, because I saw the easy money years ago, but draged my feet on finishing my last class, and taking the easy test.