Fw: e-mail to agents...

This is a VERY important article that I asked Jon Kichen to write; and I am sending it to all the agents in my database as well as the affiliates that I have. It is important that this is circulated to everyone that is a real estate licensee. This is something that a large number of agents have forgot about.

It is also in the WUSA blog.

Please read!

 

BEGIN--THE REST IS EASY
Bob Stephens   CRB  e-PRO
Managing Broker
West USA Realty

----- Original Message -----

From: Jon Kichen

To: Bob Stephens

Sent: Saturday, August 01, 2009 1:26 PM

Subject: e-mail to agents...

This week, ADRE sent out more than 620 letters to agents and their brokers around Arizona informing them that they failed to update their 24 hours of classes before the end of their 2-year cycle. Due to a glitch in the ADRE computer system, these issues go as far back to October of 2008. They should have been sent monthly but where not. Thus, the letters provided 30 days for the agents to show ADRE that the agent attended 24 hours and provides that to them. No penalty will be imposed unless the agent goes past the 30 days. ADRE told us on Friday that about 200 of the letters were sent in errors, but the agents must contact them to determine that.

 

For a history recap, in July of 2007, ADRE began issuing 4 year licenses upon renewal. While agents who received a 4 year license knew that it was good for 4 years (since they paid double the amount of the renewal fee) many forgot that they needed to obtain 24 hours of renewal credit within 2 years or maybe sooner. (See #1 below)

 

The most common reason this occurred is agents forgot that they reached the 2-year cycle. Here is why…

 

1. The agent renewed late on the previous renewal. For example, one agent's previous license expired January 31, 2007. She went inactive and in middle of July, 2007, she decided to activate her license. When she did, she received a 4-year license, yet her two-year cycle to obtain another 24 hours ended January 31, not July 31. A few our agents fell into this trap.
2. The agent flat-out forgot that even with a 4 year license, they need to obtain 24 hours of credit and submit that to ADRE before the end of 2 years. We have several agents who forgot…
3. The agent changed their license from salesperson to Associate Broker, or to a PLLC. No matter when they did that, even after July 1, 2007, they only received a 2 year license, yet some thought they received a 4 year license and forgot the 2 year cycle renewal requirement. Thus they forgot to renew their license.

 

In summary, West USA makes every attempt to be diligent in reminding agents about their upcoming renewal, yet WUSA must be secondary to the agents own diligence in knowing the terms of their license, when they need classes and when it expires. You need to keep track of one license; West USA Realty has thousands.

 

If you received such a letter, don't panic. Call your manager Monday morning for instructions on how to proceed. If you feel the letter is in error, (and some are) you will need to call ADRE. If you took your classes yet did not upload them to ADRE, you will need to do that. If you need classes in a hurry (or any time) one of our brokers, Jon Kichen, has an on-line real estate school, www.desertsageseminars.com where you can obtain a single class or a full 8 class package, all at greatly reduced prices.

 

Any questions, call one of your brokers next week…