Too many real estate agents?

Here’s Miller:

The requirements to obtain a real estate license are laughable. To obtain a license to sell real estate in Georgia, one is required to pass a background check, sit and pass a 75-hour prelicense course, then sit a 25-hour post-license course within a year. There are no experience requirements for a salesperson?s license.

What about Massachusetts? Well here’s what I wrote a couple years back in my weekly Banker Tradesman column. Sadly, not much has changed.

Want to be a real estate agent here in Massachusetts? No problem. Park your body in a classroom for a couple days, take a ridiculously easy test, and you’re good to go. After a year’s worth of tutelage under a veteran agent, you can then take the harder brokers’ test.

The 24 hours of classroom instruction would-be real estate agents here in Massachusetts are required to take can be packed into a weekend, and are the third-lowest in the country, according to the Massachusetts Association of Realtors (MAR).

That’s a far cry from Texas, where aspiring members of the real estate profession are required to put in 210 hours; or California, where its 135.

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