Jim --
You raise an interesting and important perspective.
What best serves the public, I think, is the largest possible pool of qualified professionals. You properly note that market conditions are changing, thus to be "qualified" should not practitioners also evolve? Conversely, is the public well served by licensees who have not kept up with the times?
As well, as more and more licensees have full broker status -- the ability to open offices and contract directly with the public -- there will be more competition because more people will have an opportunity to go out on their own.
With term licensing there is no limit to the number of qualified sales or broker licensees. Supply and demand remain at work, and the public has a larger pool of qualified and current brokerage options.
Think about it this way: the cost of laser eye surgery has declined as the number of qualified practioners has increased. Alternatively, we do not allow unqualified individuals to perform such operations. Why not the same concept for brokerage?
All the best.
Peter G. Miller
OurBroker(r)
|
