Thursday, November 15, 2007

Alphabet Soup


November is Realtor® Designation Awareness Month; I want to shed some light on what all those initials mean. They look like alphabet soup, but these designations mean a stockpot brimming with experience, know-how and commitment. Being a good real estate agent means being a perpetual student. The more educated your agent is, the better their ability to represent your best interests.
The National Association of Realtors® (NAR) offers 21 officially endorsed designations and certifications to their members. Most good Realtors have at least one designation that they proudly display, some even hold a Brokers license. These designations mean the Realtor has a particular interest in a field and has taken the coursework required to earn that designation. For example:
ABR (Accredited Buyer Representative) shows advanced training, skills and experience for working with Buyers.
CIPS (Certified International Property Specialist) studies tax implications, customs, currency, legal aspects, global trends, etc.; a select group of Realtors that can assist you in buying or selling anywhere in the world.
To find agents that specialize in resort, commercial, international, residential, management, or many other specialties, visit http://www.realtor.org/runivers.nsf/pages/designation for a list of all NAR designations and links to each designation’s website.

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