Now you can call me Realtor® – again
I am not employed. I am also not unemployed, at least in a way that I could collect unemployment insurance. As a real estate agent, I am conditionally employed. There are two conditions. One, I need to have an active license, two, my license has to be associated with a real estate brokerage. My license has to “hang” in an office.
That office was, for the past nine and a half years, the Bellevue office of RSVP Real Estate. As of Wednesday, September 15th, my license hangs in the Seattle office of eXp Realty.
Reasons for Change
There are three reasons for that change. One is that eXp Realty is a global company that operates across the United States and in 19 countries, including Germany. Two, I met the founder of the company, Glen Sanford, in 2006 when he and I participated in an online real estate portal called Active Rain. Ever since, I have watched how Glen has grown eXp Realty into the largest, independently owned, and publicly traded global real estate company. Glen predicted in a 2009 post on Active Rain the demise of the brick and mortar real estate office.
Third, the right kind of change energizes. I left RSVP Real Estate on good terms and I will miss my colleagues. RSVP is licensed only in Washington, but like eXp Realty, is a virtual company. There are no cubicles for agents. And just like eXp, RSVP used the same online platforms for document processing and retention and the same social media provider for the interaction among its agents.
Where the similarities end is in the size and scope of the two companies. I will be a much smaller fish in a much larger pond. I will have the opportunity to collaborate with 65,000 colleagues around the world. I will make new contacts and expand my field of vision and work. I can acquire a license in another state and stay with the same company.
Gerhard Ade, Realtor®
Two more changes. First, I will be a member of the National Association of Realtors® (NAR) again. Membership with NAR conveys through the company. RSVP was not a member, eXp is a member.
Second, there were some official name changes at the state level. For the longest time, the term broker used to refer to the person responsible for the operations of a real estate brokerage. Several years ago, the State of Washington decided to call all real estate agents “brokers” and call the brokers of the past “managing brokers” or “designated brokers.” They also changed the term “brokerage” to “firm.”
One advantage of me being a member of NAR is that you don’t have to remember these linguistic gymnastics.
Now, you can call me again Gerhard Ade, Realtor®. Incidentally, my Washington real estate license number is 47927
Published originally as the 128th issue of The View from the Street.