Home : Blogs : Monika McGillicuddy~NH Real Estate Broker : Monika McGillicuddy Presents Real World Real Estate

Oct. 30, 2006 - New member ethics class

I taught the new member ethics orientation class for our state association on Oct 30. We hold this class once a month and have 2 sessions one in the morning and one in the afternoon . Interesting that the member numbers are way down this month. Usually we have about 100 + new members come through the class but this time both sessions came in under 50!

I also teach orientation at my local board and at our last class the numbers were also way down. We had scheduled a class, thinking we would need one for October based on last years figures but ended up cancelling it. Hmm...I 'm thinking that it reflects the changing market and the realization that maybe easy money is not to be made in real estate sales anymore.

Over the past 22 years that I’ve been in real estate sales, I've seen this cycle before...the lure of easy money will be replaced with the understanding that this is a job that requires hard work. I think we'll see a weeding out of agents and only those committed to continued training and giving quality service will be left standing in the end.

I don’t think this is such a bad thing at all. Never fear change…but look forward to experiencing the newness of change and the growth that comes along with it.

Posted by Monika McGillicuddy~NH Real Estate Broker on 11/01/2006 07:41 PM

Comments (9)

ethics, members, orientation, realestate, sales, change, fear

9 Comments on Oct. 30, 2006 - New member ethics class

Hi Honey,
I think you are correct that when the market changes less and less people come in the business an many will probably leave. It's back to basics for most of us as the last few years have been gravy. Keep up the good work.

11/01/2006 08:04 PM

by Jay McGillicuddy~Real Estate Broker (Prudential Verani Realty)

Thanks jay.

11/01/2006 08:14 PM

by Monika McGillicuddy~NH Real Estate Broker (Prudential Verani Realty)

I have received some emails from new contracts that it will happen, at least here in my state, I have not asked.

Ray Saenz

11/01/2006 10:00 PM

by Aurora Colorado Real Estate Ray Saenz, Colorado Realtor (United Property Brokers, INC)

Do you mean that in your area you're seeing a membership drop off as well?

Monika

11/01/2006 10:09 PM

by Monika McGillicuddy~NH Real Estate Broker (Prudential Verani Realty)

Unfortunately, in my area the trend is still upward as far as new members. I suspect that might change as annual dues etc. come due for the new years.

11/18/2006 05:25 PM

by Linda Davis (RE/MAX Realty Group)

Linda,

My local board orientation this past Thursday had 9 new agents in the class...we usually have anywhere between 35-40. Numbers are way down in NH. Is your market still strong in general...making it enticing to become a REALTOR?

11/18/2006 08:12 PM

by Monika McGillicuddy~NH Real Estate Broker (Prudential Verani Realty)

Considering we have some ridiculous number of agents here in CA, I can't wait until more agents drop out of the business. When the market was red hot, we saw too many people getting into the market who had no morals, ethics, business sense, or anything else. This ever changing market should weed out a bunch of the crap.

12/05/2006 12:59 AM

by Patrick Sharples, Broker (Cox Commercial, Inc.)

12/05/2006 12:59 AM

by Patrick Sharples, Broker (Cox Commercial, Inc.)

Patrick,

Our numbers are way down still! We just had our Nov. class and we were well over 50% less than normal...so we're seeing the drop off up here in NH.

12/05/2006 08:40 AM

by Monika McGillicuddy~REALTOR®~ N.H. Real Estate Broker & Trainer (Prudential Verani Realty/Hampstead)