realestate

Reasserting Integrity in Real Estate: A Call to Action for Professionals

Real Estate Coach Darryl Davis on Why Agents Should Feel Proud Amid Challenges

D
ear Real Estate Professionals,

    The real estate industry has faced numerous challenges in recent years, from lawsuits and government scrutiny to public misconceptions that have eroded the trust and respect we once commanded. At the heart of this problem is a title that doesn't reflect our true scope of work: "salesperson." This label positions us alongside traditional sales roles, implying that our primary goal is simply to close a deal.

    However, what we do goes far beyond transactions. We advise, protect, and guide our clients through life-altering financial decisions. Yet, the title on our licenses fails to capture this level of professionalism, fueling the perception that we are "just salespeople." To elevate the perception of our industry and rebuild trust, we must start with something as fundamental as our name.

    Changing our title from "Real Estate Salesperson" to "Real Estate Professional," "Advisor," or "Consultant" is a small but powerful step we can take to reflect the true nature of our work. By doing this, we can send a message to our clients, communities, and ourselves that real estate is not just about selling properties; it's about providing expert advice, building trust, and upholding ethical standards.

    Our clients don't come to us for transactions; they come to us for guidance in navigating one of the most significant decisions they will ever make. When a buyer or seller hires a real estate agent, they are trusting us with their future, financial security, and family's well-being. They expect us to act in their best interest, provide strategic advice, and protect them from market pitfalls.

    However, when the public sees us labeled as "salespeople," it diminishes the gravity of that relationship. It reduces us to someone who is merely trying to make a sale rather than a trusted advisor. By changing our title, we can realign our identity with the responsibilities we hold and communicate the trust, knowledge, and ethical obligations that define us.

    A simple title change has the potential to transform how the public perceives our industry. It tells the world that we are not in this business to push deals but to serve as advocates, advisors, and fiduciaries. This change elevates our industry to the level of other fiduciary professions, such as lawyers and financial advisors, who hold titles that reflect their duty of care to clients.

    To initiate this change, I urge you to send a formal letter to your state licensing department, requesting that the term "salesperson" be removed from our licenses and replaced with a title that truly reflects our role. Together, we can make a difference and elevate the real estate industry by restoring the respect it deserves.

    Sample Letter to State Licensing Department:

    Dear Commissioner,

    I respectfully request a reconsideration of the title "Real Estate Salesperson" currently used on our licenses. The proposed titles "Licensed Real Estate Advisor," "Licensed Real Estate Professional," or "Licensed Real Estate Consultant" better reflect the advisory and professional nature of our work, emphasizing both our role as trusted experts and the importance of being licensed by the state.

    These titles align with the standards and expectations of our profession, recognizing the importance of professionalism and trust in our work. I urge you to consider initiating the process to update the official title used on our licenses, which will better represent the true scope of our work and elevate our industry's professional standards.

    Sincerely,

    [Your Name]

Real estate professionals gather at conference to discuss industry integrity and ethics reform.