RealtyLine March 2020

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Capturing REAL Moments in Real Estate since 1995

MARCH 2020

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PROFESSIONAL DEVELOPMENT: Acquiring CE Credit Without Breaking the Bank

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WRITTEN BY RIKI MARKOWITZ

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aking 18-hours of continuing education (CE) courses every two years is a requirement that every licensed real estate agent in the state is reminded of at every turn. It’s not always convenient and for a lot of agents, it can be costly, but it’s non-negotiable. To cover the cost of classes, REALTORS who have been doing this for years suggest stashing away a percentage of the expected tuition every month or saving a portion of every commission check. While these are great strategies, newer agents can’t always spare a few dollars a month. In fact, a lot of agents find themselves still playing catchup on loan payments for pre-licensing courses and fees when the time comes to enroll in CE courses. So how does one take CE credits without going even further into debt? A lot of new agents kick off their career thinking they’ll hold down a part-time job to make ends meet, at least for the first six to 12 months. According to the real estate school, Aceable, when a new REALTOR splits his or her time between a new real estate career and, say, designing websites for small businesses, it will take that much longer to start earning a REALTOR’S salary that’s large enough to live on. “It can take time to close your first deal. Remember, your pay will probably be tied 100% to your deals,” says an article by Aceable. Meaning that new agents almost

[Avoid breaking the bank continues on page 14]

VOLUME 24 • ISSUE 11


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