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	<title>Barbados real estate &#187; Real estate</title>
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	<description>News, announcements and other fine ramblings about the Barbados real estate market.</description>
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		<title>Why do so many Barbados real estate agents suck?</title>
		<link>http://www.bimre.com/why-do-so-many-barbados-real-estate-agents-suck/</link>
		<comments>http://www.bimre.com/why-do-so-many-barbados-real-estate-agents-suck/#comments</comments>
		<pubDate>Mon, 16 Mar 2009 19:14:33 +0000</pubDate>
		<dc:creator>Anonymous</dc:creator>
				<category><![CDATA[Rant]]></category>
		<category><![CDATA[agents]]></category>
		<category><![CDATA[Barbados real estate]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Real estate broker]]></category>

		<guid isPermaLink="false">http://bimre.com/?p=54</guid>
		<description><![CDATA[Now before you start yelling, there are many agents out there that are true professionals and treat their clients in a professional manner. This post is not directed at them.

But alas, there are also a number of real estate agents in Barbados that march to a different beat.
Here is a brief rundown of some of [...]]]></description>
			<content:encoded><![CDATA[<p></p><p><span class="drop_cap">N</span>ow before you start yelling, there are many agents out there that are true professionals and treat their clients in a professional manner. This post is not directed at them.</p>
<p><img class="alignright size-medium wp-image-389" title="frustratedblonde" src="http://bimre.com/wp-content/uploads/2009/03/frustratedblonde-300x199.jpg" alt="frustratedblonde" width="300" height="199" /></p>
<p>But alas, there are also a number of real estate agents in Barbados that march to a different beat.</p>
<p>Here is a brief rundown of some of the frustrations that many people have encountered:</p>
<ul>
<li>Agents advertising properties on their web site that were either not for sale or rent OR they had no authority listing the properties.</li>
<li>Agents taking anywhere from 1 week to 3 months to return phone calls or emails.</li>
<li>Agents only wanted to show properties for sale, even though they were specifically told that the client was looking for a rental.</li>
<li>Agents refused to show certain properties because of less commission.</li>
<li>Agents had complete misinformation about several properties listed on their website.</li>
<li>Agents not wanting to show a property because they did not want to deal with the realtor that was bringing the potential client. (And in the end that client ending up purchasing the property)</li>
</ul>
<h3><strong>So, what is the problem?</strong></h3>
<p>Selling real estate is not rocket science. Hmm, but there may lie one of the problems. It is so easy for anyone to become a real estate agent in Barbados that the profession lacks professionalism.</p>
<p><strong>There is no course of study, there is no exam to take and therefore the license received is a joke, it is nothing but tax revenue for the government.</strong></p>
<p>But how can a course of study and a difficult exam speed up the time in which an agent will return my call? On the surface you would think it wouldn&#8217;t help, but let&#8217;s dig a bit deeper.</p>
<p>In Florida, the failure rate for people taking the real estate exam for the first time is 75%. Many people find the course content overwhelming as it covers a wide range of topics such as:</p>
<ul>
<li>In depth building terms and processes</li>
<li>Tax rates</li>
<li>Learning to decipher surveys</li>
<li>Understanding the different Florida contracts</li>
<li>Appraisal methods and in depth analysis</li>
<li>ETHICS, and the list goes on</li>
</ul>
<p>Many people do not even make it to the actual exam as you have to pass the class exam before you can take the real exam. I&#8217;ve heard many stories of people passing the exam for the first time and being congratulated by the proctor on the way out.</p>
<h3><strong>BEAVA listen up! This is what Barbados real estate needs.</strong></h3>
<p>When Barbados develops a real estate licensing system, only then will a sense of professionalism be brought to the real estate profession in Barbados.</p>
<ol>
<li>We need a rigorous course of study encompassing a wide range of topics.</li>
<li>We need an equally grueling exam.</li>
<li> We need a 2 year probation period where new agents must work with an established brokerage  before they can start their own brokerage.</li>
<li>We need a code of ethics that each Realtor must uphold themselves to.</li>
<li>We need a committee that will enforce these ethics and deal with agents that violate them.</li>
</ol>
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