| November 17, 2004 |
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The quality-of-service pendulum swings with too wide an arc in the real estate industry. A number of organizations are trying to do something about it. The Board of Directors of the National Association of REALTORS took steps last week to "increase the professionalism of the real estate industry and to position Realtors for challenges in the years ahead." "The board approved updates to the association's voluntary guide to professional courtesies, called Pathways to Professionalism. The guide includes such suggestions as scheduling appointments in advance, calling when you're delayed for an appointment, and promising only what you can deliver. It also recommends that Realtors identify their status as Realtors in all contacts with other members and the public. Pathways to Professionalism currently reads as follows: I. Respect for the Public.
II. Respect for Property
III. Respect for Peers.
Several years ago, Larry Romito, president, founded the Quality Service Certification, Inc., designed to help real estate practitioners become more consumer-focused. His idea was to get brokers to take the emphasis for rewards off agent production and to put it on customer service. The Quality Service Certification training program designed by Romito promoted a new standard of service and professional accountability with specific procedures to follow for the delivery of better service. "Customer satisfaction gives brokers a more powerful tool for recruiting, building revenues and controlling expenses," Romito told Realty Times in 2000. "Being held accountable will help agents produce better results." In 2001, the National Association of Realtors established a policy requiring that all members complete an ethics course. By the end of the calendar year 2004, all members of the National Association of Realtors must successfully complete a two-and-a-half hour course in ethics. Concluding that adopting new real estate standards must be a grassroots movement in order to impact the industry at large, over 50 Realtor associations contributed ideas for standards and over $126,000 in seed money to help the Real Estate Standards Institute establish new best practices. The result is the Touchstone for Excellence, a real estate standards based on best practices that go beyond state licensing minimums of professional behavior and customer care. Why the focus on standards now? According to the Touchstone for Excellence "history," when the brokerage industry became more agent-centric, it was more difficult for brokers to oversee the actions of agents. "At a time when customers say they want a reliable, dependable, consistent home buying or selling experience, the industry is hard-pressed to provide one," it suggests. |
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