When hiring a real estate agent to handle the purchase of your most precious investment you should use someone who is qualified and committed to professional development.
I’m proud to have earned the designations of ABR. CLHMS, CRS, GRI and MCNE. Here is a glossary to help you understand what those mean.
ABR
Accredited Buyer Representative is a designation from the Real Estate Buyer’s Agent Council that trains experienced REALTORS® in specifically representing the real estate consumer.
The ABR designation is awarded to real estate practitioners who complete a comprehensive two-day REBAC course in buyer representation, achieve a passing grade on the written examination, demonstrate practical experience by completing and closing five real estate transactions in which the candidate functioned as a buyer’s representative and who maintain a membership in good standing with the National Association of REALTORS® and the Real Estate BUYER’S AGENT Council.
CRS
Certified Residential Specialist has been a symbol of achievement in education and residential sales experience since 1977. The CRS program is open to REALTORS® who want to keep abreast of the latest sales and marketing techniques, enhance their professionalism, and increase their earning power.
The CRS designation may be earned after successfully completing CRS 200, plus two additional Council courses and a minimum 75 transactions within the past five consecutive years.
GRI
The Graduate, REALTOR® Institute designation is earned by completing a national program of specialized and advanced education for the licensed REALTOR®. It involves intense study, covering many special aspects of real estate such as residential marketing, cost basis, appreciation methods, investment real estate, construction, real estate tax concepts, exchanges, capital gains, and various types
of mortgage programs.
This designation may only be earned after successfully completing a rigorous educational program. This program requires 92 hours of live course instruction from a statewide faculty selected because of extensive experience in their own areas of expertise.
CLHMS
Members of The Institute for Certified Luxury Home Marketing are knowledgeable professionals who have undergone extensive training in analyzing the luxury home market, providing quality service, and achieving effective results in the high-end residential market.
Members of The Institute who hold the Certified Luxury Home Marketing Specialist designation have successfully demonstrated their expertise in the luxury home and estate market by meeting strict performance requirements.
MCNE
The Master Certified Negotiation Expert designation is the premier negotiation designation in real estate! Earning your MCNE designation demonstrates that you have invested considerable effort to bring your negotiation skills to the highest professional level in real estate.
CSP
The Certified Short Sale Professional designation is earned by completing the proper course work. A Short Sale is when the proceeds from a sale fall short of the balance owed on a loan secured by the property sold. The bank or mortgage lender agrees to discount the loan balance due to an economic or financial hardship on the part of the homeowner. The homeowner sells the property for less than the
outstanding balance of the loan and turns over the proceeds of the sale to the lender.
If you have questions about any of this information, feel free to reach out to me!
~Deb
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