Continuing education is a vital component in the future successful growth and wellbeing of the real estate industry

Abstract

Continuing professional education is a vital component in the future successful growth and wellbeing of the real estate industry. We are seeing through education higher professional standards being recognised, encouraged and achieved. The conservative approach of many licensee managers to education is gradually disappearing, and with it the old perception that real estate is a dumping ground for redundant people from other industries. Career minded people are committing themselves to the industry as professionals in the true sense of the word. It is only with an in depth knowledge of the legal, ethical, and technological aspects of real estate and a commitment to the industry that true professionalism will be achieved, however. Real Estate is undergoing changes as it moves towards the twenty-first century. Information technology is having a huge impact, forcing changes upon the industry. A new real estate is emerging, and with it a new model of the way business will be done in the future. The knowledge, skills and style of today's professionals will render obsolete many principles and practices, elevating the industry to a new standard of excellence.