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CRS
A Certified Residential Specialist is a REALTOR® who has
earned certification from the Council of Residential
Specialists by completing a rigorous course of advanced
training, and by meeting significant experience
requirements.
Only 5% of all REALTORS® in the U.S. can call themselves
a Certified Residential Specialist. That's because just
one in 20 has the extensive experience, the unique
commitment to the real estate business and the hours of
advanced training necessary to call themselves a
Certified Residential Specialist.
ABR
The Accredited Buyer Representative (ABR®) designation
is the benchmark of excellence in buyer representation.
This coveted designation is awarded to real estate
practitioners by the Real Estate BUYERS AGENT Council (REBAC)
of the NATIONAL ASSOCIATION OF REALTORS® who have met
the specified educational and practical experience
criteria.
The criteria for ABR designation:
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- Completed the
comprehensive two-day REBAC course in buyer
representation
- Successfully passed a written examination
- Demonstrated a practical experience of having
completed five closed real estate transactions
in the field of buyer representation
- Received recommendations from two of the real
estate practitioners buyer clients
- Be a member in good standing with the NATIONAL
ASSOCIATION OF REALTORS® |
Look for those real estate agents that proudly display
the ABR® designation and know that they are
professionals in the field of buyer representation.
GRI
The Graduate REALTOR® Institute (GRI) symbol is the mark
of a real estate professional who has made the
commitment to provide a high level of professional
services by securing a strong educational foundation.
REALTORS® with the GRI designation are highly trained in
many areas of real estate to better serve and protect
their clients.
JD
Juris Doctor is a first professional graduate degree and
professional doctorate in law. The degree was first
awarded by Harvard University in the United States in
the late 19th century as a degree similar to the old
European doctor of law degree and the legal studies
counterpart to the M.D. degree in the United States.
Originating from the 19th century Harvard movement for
the scientific study of law, it is the only law degree
that has a goal of being the primary professional
preparation for lawyers. It is the only professional
doctorate in law and is a three year program in most
jurisdictions.
REALTOR®
All real estate licensees are not the same.
Only real estate licensees who are members of the
NATIONAL ASSOCIATION OF REALTORS® are properly called
REALTORS®. They proudly display the REALTOR "®" logo on
the business card or other marketing and sales
literature. REALTORS® are committed to treat all parties
to a transaction honestly. REALTORS® subscribe to a
strict code of ethics and are expected to maintain a
higher level of knowledge of the process of buying and
selling real estate. An independent survey reports that
84% of home buyers would use the same REALTOR® again.
Real estate transactions involve one of the biggest
financial investments most people experience in their
lifetime. Transactions today usually exceed $100,000. If
you had a $100,000 income tax problem, would you attempt
to deal with it without the help of a CPA? If you had a
$100,000 legal question, would you deal with it without
the help of an attorney? Considering the small upside
cost and the large downside risk, it would be foolish to
consider a deal in real estate without the professional
assistance of a REALTOR®.
But if you're still not convinced of the value of a
REALTOR®, here are a dozen more reasons to use one:
1. Your REALTOR® can help you determine your buying
power.
2. Your REALTOR® has many resources to assist you in
your home search.
3. Your REALTOR® can assist you in the selection process
by providing objective information about each property.
Agents who are REALTORS® have access to a variety of
informational resources.
4. Your REALTOR® can help you negotiate.
5. Your REALTOR® provides due diligence during the
evaluation of the property.
6. Your REALTOR® can help you in understanding different
financing options and in identifying qualified lenders.
7. Your REALTOR® can guide you through the closing
process and make sure everything flows together
smoothly.
8. When selling your home, your REALTOR® can give you
up-to-date information on what is happening in the
marketplace and the price, financing, terms and
condition of competing properties.
9. Your REALTOR® markets your property to other real
estate agents and the public.
10. Your REALTOR® will know when, where and how to
advertise your property.
11. Your REALTOR® can help you objectively evaluate
every buyer's proposal without compromising your
marketing position.
12. Your REALTOR® can help close the sale of your home. |