Real estate agents, like doctors, lawyers and other professionals can ear designations, certifications and other securities. These are usually shown by putting a series of initials after the name of the agent. The most common designations and certifications are: Broker, Realtor, e-Pro, CHMS, GRI, ABR, and CRS.
What an agent must do to obtain a declaration or certificate?
E-Pro requires an agent take a class on basic computer skills. It has no real estate content, but ensures your agent can use email and the web. There should be a minimum bar for the technology aptitude of your agent. REALTOR is a reference easiest to obtain (but one of the most difficult to achieve). A realtor is a real estate agent that belongs to the National Association of Realtors and agrees to comply with the Code of Ethics Realtor.
If an agent asks just how much you want to sell with the price and uses the real answer to your marketing, your real estate agent does not have the experience necessary to manage the work of this nature. Although real estate professionals are intended to encourage clients to actively participate in the final decisions are always responsible for the truth of the price, decide what marketing strategies to use, and other variables involved.
Broker is a bit harder to obtain than REALTOR. In Texas, for example, a broker license must be able to operate his own real estate business. An agent must have their license for 2 years and complete over 600 hours of training before applying for a real estate broker's license. Broker's license is granted after an examination administered by the state. Brokers are basically real estate agents with higher education.
GRI Realtor represents Graduate Institute. Less than 50% of agents have this designation. The GRI requires 12 days of continuing education with passing grades on three exams. No requirements or production time for an agent can literally earn this designation by sitting in class for 12 days and passing the tests. This designation is in no way a measure of the actual sale of real experience.
ABR is Accredited Buyer Representative. Less than 30% of agents have this designation. This designation combines 2 days of classroom work and an exam with the requirement that the agent show proof of at least five buyer sales. This designation indicates that the agent has had time in the classroom and field experience.
CRS Certified Residential Specialist represents. Less than 4% of all agents in this designation. This is the title the most difficult to obtain and is a measure of a high degree of formal education and real world transactional experience.
To obtain a CRS, the agent must attend three 2-day course, pass three exams, and proof of 25 closed transactions during the past 24 months. Although the transaction experience is not a huge amount, it does eliminate the inexperienced agents and the classes of agents of weeds that are not dedicated to continuing education.
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John Ola is experienced and looking for an estate agent across Epsom, Surrey, Ashtead, Leatherhead, Ewell and Barnstead, and writes?articles?on , , Estate Agent UK and Estate Agent Leatherhead, Estate Agent Barnstead, Estate Agent Ewell, Estate Agent Flats, Estate Agent Houses, Lettings Agents, Sales Agents, Estate Agent management, Investment Properties, Overseas Properties, Property Valuation.
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