Brokers Blog

The list of home agents and real estate brokers in Minnesota need to follow certain rules in terms of acquiring and keeping their professional licenses. Fortunately for some of them, criminal convictions are not automatic reasons for losing their licenses. However, they are required under state law to immediately report any criminal-related conviction or violation.

Under Minnesota law, any licensed broker or real estate agent convicted of misdemeanor or felony associated with misrepresentation, fraud or funds conversion is required to report these cases to the state's Commerce Department. The same requirements apply to those who are still applying for a license. Traffic violations are not included in the violations that require reporting.

According to a spokesperson from the Minnesota Commerce Department, those who belong to the licensed list of home agents and brokers who got involved in any of these acts are also required to submit a written explanation expounding on how they got into trouble. The department will then determine whether the broker or real property agent will be allowed to keep his or her license.

Officials further added that there are no specific provisions in the state's law dictating which scenarios will result in agents getting their licenses revoked or which will allow them to keep their professional licenses. The issue of stripping agents and brokers of their licenses became a hot issue in the state following the case of a real property agent who has been accused of hitting a client during an altercation.

According to local reports, real property agent Bill Bernier was involved in an argument with a client which culminated in the agent allegedly hitting the client. The agent was also accused of violating a restraining order filed against him by inspection workers from St. Paul who accused Bernier of threatening them.

The incident reportedly happened five years ago and since then, Bernier was able to keep his professional license. However, the agent eventually lost his license in April of this year after he reportedly failed to provide proper documents to several home buyers and the state's Department of Commerce. The case has reportedly resulted in questions regarding specific licensing rules as they apply to the state's list of home agents and brokers.

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A recruiting system aimed at helping franchisees and USA home brokers in attracting and retaining quality sales personnel has been launched by ERA Franchise Systems LLC. ERA, a franchising firm in the residential property market, has introduced the ERA TopRecruiter, a tool that the company stated will help in eliminating obstacles to quality recruitment.

According to ERA, hiring quality real estate agents is not very easy, particularly while the housing industry is in a crisis. Officials from ERA have stated that the company is aware of the challenges facing brokers in terms of recruiting good sales employees and of the challenges that the current crisis is posing on property brokers in terms of finding reliable sales representatives.

The firm explains that the ERA TopRecruiter is a system that can be used by both small and large broker firms. The system was reportedly tested and honed for four months and had exceeded most category expectations. Company officials added that the tool has produced sterling results, particularly in the area of leads received and actual real estate agents hired.

USA home brokers looking for new property agents, including inexperienced and veteran agents, can rely on the comprehensive approach offered by the recruitment tool, ERA has asserted. The system features tools for analyzing hiring needs, keeping track of the progress of recruitment and also offers lesson on effective recruitment practices.

ERA has reported that brokers who participated in testing the pilot program were able to observe immediate benefits and the firm has now decided to offer the ERA Top Recruiter to its franchisees. The company added that personal coaching, virtual training and peer to peer info sharing are also being offered to brokers. The introduction of the recruitment tool enhances these offerings and provides brokers with analysis, planning, development and tracking tools for recruiting sales personnel, ERA has added.

ERA Real Estate also has a customized recruitment Web site called SmarterCareer.com. The site is specifically designed for USA home brokers and they can use it as a home base for hiring and recruiting sales representatives, ERA has revealed. Some of the features of the site are the Confidential Business Assessment, a marketing course in audio form and business-building information resources.

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