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“What is your market share in the real estate education business?” With the information we are able to obtain our local market share of “CORE” credit hours sold for the University is substantial, thank you for asking. TREC does not keep statistics on ALL education providers, only a select few so to quote an actuate percentage is difficult if not impossible. So, when you see a quoted market share ask the school does their percentage include all education providers including private real estate schools, colleges, universities and trade associations or just a few schools? “Have the owners of your school ever personally listed or sold real estate?” Yes. The owner is a real estate broker who was first licensed in the late 1970’s. Not only has he sold and listed real estate he was a loan officer so his experience spans both the sales and financing side of a transaction. Agents and managers regularly call and ask for his advice. He also has been asked to teach new agent training at several local firms. He is a regular reviewer of textbooks and is a contributing editor for Dearborn Real Estate Education Company. His book can be found on Amazon.com. He has served on the TREC MCE education Taskforce, 1999-2000, a broker member of the Texas Broker Lawyer Committee and is Past President of the Texas Real Estate Teachers Association. "If I take classes with you, do I have to sign a contract and join your company?" No. When we first started our school we wanted to create a place where students could come and learn. At that time real estate brokerage firms could not operate a school in their offices. We told brokers that if they sent potential new agents to our school we would not be trying to recruit them to other firms. Because we know some students have not yet found a broker we created the first agent recruiting web site. www.AgentWanted.net This site allows brokers to be listed at no charge and potential new agents can send mini resumes to these brokers. Our business is to the take our real world knowledge and pass it along to new and experienced agents. For years we have taught the concept that with a real estate license you are starting business within a business. We could have opened a brokerage firm but it is not a good business model to go into direct competition with your primary customer base. So, brokers when you find a promising new agent do not send them to a real estate school that will either recruit them directly or has a string of recruiters coming into the school. “Do you offer correspondence courses?” Yes. We partnered with Texas Tech University CPD (A Division 1 University) to create and offer real estate correspondence classes. At that time we created the “Classes Without Classrooms” concept. This concept is part of our copyrighted material and is our intellectual property. We pioneered new ideas taking the traditional correspondence class and bringing it into the 20th. then the 21st. Century. We were leaders in developing a way for students to complete their assignments either on paper, CD-ROM or on the Internet. We have just created the Virtual Instructor™ as a study aid for our students. We have now developed a TREC approved method for students to take their final exam on-line regardless of how they did their course work. While some other schools require the homework to be completed online our students have the freedom to choose how they want to complete the work and still take the final exam online. Many of our students still prefer using paper and pen.
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