Qualifying Criteria for Tenured Agents at Van Zandt Properties Real Estate Brokerage:
1. Transaction Requirement:
- Completed 12 transactions in the previous 4 out of 5 years.
To qualify as a tenured agent at Van Zandt Properties, an agent must demonstrate a consistent level of productivity by completing a minimum of 12 transactions in the previous 4 out of 5 years. This criterion ensures that tenured agents maintain an active and successful real estate practice.
2. Education Requirement:
- Completed 270 classroom hours of qualifying real estate courses, including the following mandatory courses:
- Principles of Real Estate I (30 classroom hours)
- Principles of Real Estate II (30 classroom hours)
- Law of Agency (30 classroom hours)
- Law of Contracts (30 classroom hours)
- Promulgated Contract Forms (30 classroom hours)
- Real Estate Finance (30 classroom hours)
- Real Estate Brokerage (30 classroom hours)
- Completed an additional 200 hours in real estate-related courses, including:
- Real Estate Appraisal
- Real Estate Law
- Real Estate Marketing
- Real Estate Math
- Property Management
- Real Estate Investments
- Residential Inspections for Real Estate Agents
Tenured agents are expected to have a robust educational background to enhance their expertise. The education requirement includes a total of 270 classroom hours in essential real estate courses, covering fundamental topics such as principles of real estate, laws governing agency and contracts, finance, and brokerage.
Additionally, agents must have completed 200 hours in real estate-related courses to broaden their knowledge and skills. These courses cover various aspects of the real estate industry, including appraisal, law, marketing, math, property management, real estate investments, and residential inspections.
This comprehensive education requirement ensures that tenured agents at Van Zandt Properties possess a deep understanding of both the foundational and specialized aspects of the real estate profession. It aligns with the brokerage's commitment to maintaining a team of highly knowledgeable and skilled professionals.