Printer Friendly

REAL ESTATE AGENTS TO BE REQUIRED TO TAKE C.E. COURSE

 HARRISBURG, Pa., May 10 /PRNewswire/ -- Are you thinking about buying or selling your home? How do you know an agent/broker is well educated and knowledgeable in real estate?
 Real estate agents and brokers across the Commonwealth are headed back to school.
 Many real estate professionals have begun to enroll in mandatory continuing education courses which will be required for license renewal in March 1994.
 Richard J. Stampahar, CPM (Certified Property Manager), president of the Pennsylvania Association of REALTORS, said the Commonwealth's Act 77 requires real estate licensees to complete 14 hours of mandatory continuing courses by March 1, 1994. Licensees must fulfill this educational requirement for renewal every two years.
 Of the 14 hours, the Real Estate Commission, which regulates the real estate profession in Pennsylvania, is requiring five hours of fair housing and legal instruments and the remaining nine hours are electives, he explained.
 Stampahar said, "Today's consumer expects his real estate agent to be skilled and knowledgeable in a wide range of areas. Through mandatory continuing education courses and seminars, PAR believes that the real estate agent can gain the information to provide the consumer with greater and broader services which he is demanding.
 "PAR also feels that it will increase the professionalism of real estate licensees, elevate the standards in the field, and reduce liability for the consumer and the agent/broker," he stressed.
 PAR played a major role in the passage of legislation and implementation of mandatory continuing education regulations in the Commonwealth, Stampahar noted.
 In addition to the new regulations, REALTORS have always been a big advocate of real estate education for agents and brokers.
 PAR was responsible for the passage of Act 44 in 1973 which imposed educational requirements as a prerequisite for licensure as a real estate salesperson. Currently, a salesperson must complete four credits of courses and pass an examination to be licensed in the Commonwealth. PAR was also responsible for the enactment of the Real Estate Broker's License Act establishing the Real Estate Commission in 1929.
 He said, "The Code of Ethics of the National Association of REALTORS requires its member to practice a higher level of professionalism than required by the law."
 According to the Code, "REALTORS should endeavor always to be informed regarding laws, proposed legislation, governmental regulations, public policies and current market conditions in order to be in a position to advise their clients properly."
 "Of the more than 50,000 real estate licensees in the state, 26,500 are REALTORS," Stampahar said. "A REALTOR is a member of a local Board/Association of REALTORS and is required to subscribe to a strict Code of Ethics," he stressed.
 In addition to the Code and new law, PAR is a leader in providing quality, affordable and accessible education for all real estate licensees.
 PAR was one of the first state REALTOR associations in the nation to establish the Graduate, REALTORS Institute Designation Program. The GRI, a 90-hour curriculum, was created to give real estate professionals a comprehensive and effective learning experience in real estate so that they can better serve their clients. Pennsylvania was the first state in the nation to establish a fair housing program in its GRI curriculum. The GRI Program is offered through the Pennsylvania REALTORS Institute which is endorsed by PAR.
 The Institute offers a wide range of courses toward broker's license, designation and certifications helping all licensees to fulfill state requirements and developing expertise in specific areas.
 Through the REALTOR organization and its affiliated institutes, societies and councils, REALTORS devote themselves to continuous study of the most recent trends in their specialties.
 The following is a summary of these designations: CRE (Counselor of Real Estate), CCIM (Certified Commercial Investment Member), CPM (Certified Property Manager), ARM (Accredited Residential Manager), AMO (Accredited Management Organization), ALC (Accredited Land Consultant), CRB (Certified Real Estate Brokerage Manager), CRS (Certified Residential Specialist), SIOR (Society of Industrial and Office REALTORS), PRE (Professional Real Estate Executive), LTG (Leadership Training Graduate), and RRC (Referral and Relocation Certification).
 In addition to the education programs, REALTORS receive publications from their local, state, national associations and specialty groups.
 When thinking about completing a real estate transaction, choose a REALTOR. That will give you peace of mind knowing that you are working with an educated professional.
 /delval/
 -0- 5/10/93
 /CONTACT: Ty L. Smith, communications coordinator of the Pennsylvania Association of REALTORS(R), 717-561-1303/


CO: Pennsylvania Association of REALTORS ST: Pennsylvania IN: SU:

JM-LJ -- PH002 -- 6315 05/10/93 08:59 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 10, 1993
Words:747
Previous Article:U.S. ROBOTICS ANNOUNCES V.32 BIS PCMCIA FAX/DATA MODEM
Next Article:WASHINGTON MUTUAL TO WELCOME FORMER PIONEER SAVINGS BANK CUSTOMERS WITH OPEN HOUSES
Topics:


Related Articles
NEW CAREER OPPORTUNITY! SAN JOSE REAL ESTATE BOARD OFFERS REAL ESTATE ASSISTANTS PROGRAM
Real Estate Appraisers to be Licensed
A way of giving back.
Having remote control.
Somers broker get his credits.
Century 21 Learning System(R) Introduces Spanish-Language Version of Its New-Agent Fundamentals Course.
Deja vu all over again in real estate.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters