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Real Estate Investment 101

Realtor Certifications Should Your Realtor Have One



I


n real estate display ads,      • CRE — These realtors hold a     
you will see many realtors      Counselor of Real Estate          
with initials listed behind     certification that is by          
their names. These are realtor        invitation only. They give        
designations, representing the        seasoned advice on real estate    
certifications held by the            and land-related matters.         
realtors. Here are just a few                                           
realtor designations:                 • CRS — The Council of            
                                      Residential Specialist            
• ABR — The abbreviation stands       certification means the realtor   
for Accredited Buyer                  concentrates on the buying and    
Representative. This                  selling of residential homes.     
certification means the realtor                                         
specializes in representing           • GRI — The realtor with a        
buyers.                               Graduate Realtors Institute       
                                      certification has attained what   
• ALC — The Accredited Land           the industry considers to be the  
Consultant specializes in land        highest professional standing for 
brokerage transactions.               a residential realtor.            
                                                                        
• CIPS — The Certified                • SRES — The Seniors Real Estate  
International Property Specialist     Specialist has specialized        
will have more knowledge of the       knowledge for working with        
international real estate market.     seniors, who probably have not    
                                      sold a home for many years. This  
• CRB — The Certified Real Estate     realtor is able to properly       
Broker has specialized knowledge      explain new terms, laws,          
in brokerage and real estate          procedures and financing to       
business management.                  seniors, as well as help them to  
                                      more fully understand their       



seller and buyer rights.                                                
                                      All realtors are required by      
Why Get Designations?                 their state to have a certain     
                                      level of knowledge in order to be 
Realtors who have these               licensed. Additionally, realtors  
designations have studied             are required to take coursework   
specific areas of real estate in      every four years to maintain      
order to gain advanced knowledge      their license. Certification      
within these areas. Qualifying        coursework is completely optional 
for these designations takes a        for realtors.                     
lot of classroom time, testing                                          
and learning extensive practical      What Does This Mean to the Buyer  
knowledge. Some designations          or Seller?                        
require up to six-to-eight months                                       
of regular classroom study. In        That depends upon the individual  
addition to giving the realtor        realtor. I worked in the          
more knowledge, such study also       insurance industry for many       
increases the realtors’               years, where such designations    
professionalism.                      are aggressively promoted and     
                                      just as hard to obtain. I found   
Realtors have found these             the following concerning          
designations quite valuable;          insurance agents and their        
since the more knowledge they         designations that easily          
have, the more confidence their       translates to realtors and their  
clients have in their skills and      designations:                     
ability. Such certifications are                                        
especially valuable for new           • For many, the coursework        
realtors, increasing their            improved their knowledge and      
knowledge faster than with            ability to sell,                  
on-hands experience.                                                    



• The designations attracted more     indicates that the realtors have  
clients,                              completed some extensive study on 
                                      their own time. It means they     
• Many of our firm’s top              should be well versed in that     
insurance agents held                 particular area of real estate.   
designations,                         It does not mean that they are    
                                      more knowledgeable than a realtor 
• Many of the top agents held no      without the designation, because  
designations, and                     the latter may have learned much  
                                      more through actual experience    
• One of the most successful          than the person holding the       
agents the firm ever had held no      designation.                      
designations, continuously topped                                       
everyone in sales each year, and      So, when looking to hire a        
was so successful that he had his     realtor, keep a good perspective  
own private secretary, who            on designations. Opt to do a good 
screened all his calls, because       interview with the realtor,       
he was so busy with clients who       rather than simply accepting      
just seemed to gravitate toward       he/she is the best because of a   
him.                                  designation.                      
                                      

                              
My point is this — A designation      




About the Author:

John Harris is an expert researcher and writer on real estate topics such as economics, credit improvement tips, home selling advice and home buying preparations. For more information please visit San Diego Realtor


Read more articles by: J Harris

Article Source: www.iSnare.com


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    Realtor Certifications Should Your Realtor Have One