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I recently had an interesting discussion with a client/student who suggested that the current financial crisis could be compared to the Parable of the Unforgiving Servant found in Matthew
18:23-35. As I considered our discussion, I came to the conclusion that there was some truth in the observation.
What do you think?
The United States Government wanted to settle accounts with the banking industry. When the accounting began, Lenders owed billions and could not pay. Uncle Sam ordered them to reduce executive compensation, quit throwing wild parties and paying extravagant bonuses or they would have to sell of their assets and perhaps file bankruptcy.
The banking industry fell on its knees and implored Uncle Sam, "Have patience with me, and I will pay everything." And Uncle Sam had pity on the banks, forgave them, paid the debt himself.
But when the banking industry went out, it found tax paying consumers that owed hundreds of thousands of dollars and seized the consumer, began to choke him saying, "Pay what you owe." The tax paying consumer fell down and pleaded with the banking industry saying, "Have patience with me and I will pay you." The banking industry refused, foreclosing on his homes and raising credit card and consumer interest rates.
Maybe the day will come when someone becomes greatly distressed and will report to Uncle Sam all that has happened and on that day Uncle Sam will summon the banking industry and say, "You wicked lenders! I forgave you because you pleaded with me. And should you not have mercy on the tax paying consumer as I had mercy on you?" And Uncle Sam will deliver them to their fate.
He that has ears to hear, let him hear.
Mike Fair, director
Illinois Academy of Real Estate
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Why choose the Illinois Academy of Real Estate for your real estate education?
Here's what some our students have to say:
Please allow this to serve as an official recommendation for the level of credibility and value of the Illinois Academy of Real Estate located in Aurora, IL. I was researching the Web for real estate licensing requirements for the State of Illinois in early 2004, and linked onto the Illinois Academy of Real Estate Web site. I contacted Mr. and Mrs. Fair regarding the educational courses offered by there Academy. As a result of that communication, I chose the Illinois Academy of Real Estate to pursue and obtain my real estate license with the State of Illinois. I made the decision to conduct my studies via the text based distance learning process.
I made the decision to pursue the educational side for both my salesperson's and broker's license in the spring of 2004 through the Academy. As a result, I opened my own real estate firm, Ann Colburn and Associates, L.L.C. in July of 2004. I am currently working with commercial projects in excess of $20 million dollars.
I give a high recommendation for the Illinois Academy of Real Estate. My experience with this resource has been very rewarding and very satisfying. The Academy provides excellent study resources, testing and preparation for the Illinois real estate licensing exam." Ann C. - Marion, Il
"Just wanted to drop you a line to say thanks for running a great class. I passed the test and am now on my way to a new career. Wish everyone lots of luck, and I will contact you soon about ordering the brokers course." Brian P. - Geneva, Illinois
"Just a note to let you know I passed the state exam last Saturday for my Brokers license. Took me 1 1/2 hours to take the test. I felt prepared and comfortable after reviewing the text & tests I had taken from your course. Thanks again!!" Mike A. - Sullivan, Il
"Guess you are doing something right. Passed my real estate sales license today on the first go around. Thanks! Will be flogging away at Broker next!" John B. - Oak Brook, Il.
"I just wanted you to know I passed the salesperson's exam last week on my first attempt. I thank you for providing such an excellent course in a format that allowed me maximum scheduling flexibility." Brad E. - Batavia, Il
"...wanted to advise you and Laurie that I passed my Broker's test on Monday. Your class was very easy to work through and thanks for the support" Adam S. - Aurora, Il.
"I just wanted to let you know that I took my state exam yesterday, and I passed.
You did a great job on preparing us or at least me for what to expect and armed me with the knowledge necessary to complete it. The exam review books I purchased helped greatly as they were a quick read and covered all the important details that I might have otherwise forgotten." Rodd W. - Aurora Il
"I am writing to let you know that I passed the Illinois Broker Exam on Friday January 13, 2006 on my first try. Your correspondence class prepared me for the exam, and I would highly recommend your class. I was completely prepared for the exam and I would like to thank both you and your staff for being so helpful along the way." Joey C. - Aurora, Il.
"I just wanted to let you know that a few months ago I finished your broker's course, and taking the course work at home made it easy for me. I am happy to say that I just passed the state exam and wanted to let you know that the study disk that you gave us when we left was a tremendous help. I splurged and paid the $49.00, and what a big help it was for me because of the explanations after each question! I just thought you might want some input from a student's perspective! I would definitely recommend it to others." Nicky F. - Yorkville, Il
"Yesterday I drove to Rockford and took the State of Illinois Salesperson exam...and passed! I felt very well prepared ...for an old man who "home studied" that was a good thing. I guess the bad news is that I have to go out and find a job now!!" Larry T. - Ottawa, Il
“I just took my Illinois broker examination for the first time and passed it. I have done all of my classes with Illinois Academy of Real Estate at home study program (starting with my salesperson license and ending with my broker license). As my first attempt at taking any of the AMP tests, I wasn’t sure what to expect, but felt very confident in my knowledge once the test started. Not only did the Illinois Academy of Real Estate help to prepare me for my testing, the staff at their office was always very friendly and willing to help anytime it was needed. Thanks again for helping to prepare me for the test the first time." Greg O.- Oswego, IL
"I took the Illinois Real Estate Broker exam last week and passed. In preparation, I spent a lot of time reviewing your unit quizzes which I felt were the key to passing the exam. I felt comfortable that I was prepared and I spent only 1 hour and 20 minutes out of the 3 ½ hour time allowed. Thanks for all your help. I’m sure I’ll be taking your continuing education classes." Dan C. - Aurora, IL
Broker Management Class
"The material was presented in a way that it was actually understandable and practical. Real life scenarios actually fit into today's real estate environment. I am definitely coming back for more courses HERE!" Annamaria Feher
"Mike's enthusiasm for a subject that most people can barely read is inspiring. A great place for training, a family atmosphere in the internet age is hard to find." Lisa Wilcox
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Illinois Academy of Real Estate
Illinois Real Estate Classes Since 1979
ILAcademy.com
Illinois real estate school offering real estate licensing classes. Real estate education through real estate classes, home study real estate classes and on line real estate classes. Whether you are pursuing a career in real estate, looking for a real estate school or simply expanding your understanding of real estate, we are here to help.
Questions About a Career in Real Estate? Please Feel Free to Call Us at 630-844-0222
Illinois Real Estate Classes
We offer approved Illinois real estate classes. Our programs include classroom, correspondence courses, and on line real estate classes. You are not just another number at the Illinois Academy of Real Estate and receive the personal attention of our staff before and after completing your class.
Illinois Real Estate Continuing Education Classes
Continuing education requirements for 2009 renewal:
Licensed as a salesperson on or before April
12 hours of CE required:
6 Core/Mandatory hrs (3 hours Core A and 3 hours Core B
6 Elective hrs.
Licensed as a salesperson between May 1, 2007 and April 30, 2008
6 hours of CE required:
3 Core/Mandatory hrs (either Core A or B)
3 Elective hrs.
Licensed as a salesperson on or after May 1, 2008
No CE required
Continuing education must be completed during the pre-renewal period of 5/1/2007 through 4/30/2009
Classroom Correspondence On line courses
Complete Registration and information Available at ILAcademy.com
Or Call
(630) 844-0222
The Illinois Academy of Real Estate is proudly associated with: the National Association of REALTORS®, the Illinois Association of REALTORS®, the Aurora Tri-County Association of REALTORS®, the REALTOR® Association of West/Southwest Chicago-land, the Real Estate Educators Association, and the Association of Illinois Real Estate Educators
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