At the May 22 meeting of the Maine Real Estate Commission (MREC), they approved the outline for the new core course titled “What Am I – Why is it Important.” As an instructor, it’s been my honor to be part of the Committee challenged to develop the course outline and material for this new course. For the benefit of those not familiar with the “inner workings” of the real estate industry, every couple of years the Commission looks for patterns in consumer complaints and uses an educational forum in an attempt to reduce those problems and give consumers a higher level of confidence in real estate brokerage.
This new course has a number of objectives centering around the roles and responsibilities of licensees to the parties involved in a transaction. A quick search of this site will no doubt demonstrate the emphasis I place on this with customers and clients. Previous articles on this site like “About Real Estate…” and “Real Estate Industry Bashing…” are just several of my attempts to encourage consumers to understand who the players are, what they are roles are, and why it’s important. Those of us familiar with the industry tend to use terms like buyer’s agent, transaction broker, and disclosed dual agent easily. If you are involved in a transaction, you should know why those terms are important, and licensees should be able to explain it to you!
Instructor training is scheduled for June 16, 2008. The course should be available to licensees shortly thereafter. Say, here’s an idea for you… if you are looking to buy or sell this summer, ask the licensees you talk to if they’ve taken the new Core Course!
Note to licensees and students: