Do You Offer A Money-Back Guarantee?
I received an advertising email from one of my competitors. It says, “You pass or it’s free. If you pass our exams, we guarantee you’ll pass theirs. If for some reason you don’t pass our exam, we’ll give you your money back. It’s that simple.”
That’s a pretty bold promise – it’s also illegal. Florida law does not allow real estate schools to offer money-back guarantees.
If a school is offering an illegal money-back guarantee, there are two possibilities – either they don’t know about the law or they don’t care about the law.
If they don’t know what Florida laws are, is that the school that you want to teach you? Many schools are nationwide schools – they offer state exam reviews for every state in America, including some states that allow money-back guarantees. I’m not sure how this school but got my email address, but they sent me the “standard” email that they send to everyone in the country.
This cookie-cutter approach is the same way these schools usually teach. Rather than modifying their curriculum (and advertising) to a particular state, they teach you everything. Their philosophy is “We are going to teach you about trust deeds, fructus naturales, and many other terms that are not on the Florida real estate exam because they are part of our standard curriculum. If it doesn’t apply to you, it doesn’t hurt you to know it.”
At Demetree School of Real Estate, we teach one state and one subject – Florida real estate. If it’s not on the Florida real estate licensing exam, we don’t teach it. If it is on the Florida real estate state exam, we make sure you know it.
We don’t offer a money-back guarantee because Florida Statute won’t allow that. If you need any assurance that we are doing the right thing, read our reviews online. Read the reviews from Karen Climer’s YouTube videos.
Please note that Karen Climer does not work for nor have any affiliation with Climer School of Real Estate. Her father, Ron Climer, sold that school in 2014. Since then, there have been no Climers at Climer School. They are all proudly affiliated with Demetree School of Real Estate.