The Real Estate Agent Alphabet

Alphabet Letters after a person's name seem to bestow some kind of special prestige. PHD, MD, ESQ are common... but just look at what is available to real estate sales people...

ABR, ABRM, ALC, CCIM, CIPS, CPM, ARM, AMO, CRB, CRS, CRE, GAA, GRI, RCE, RAA, SIOR, AHWD ePRO, CAM, CBR, C-CREC, CLHMS, CREA, CRIA, QSC and SRES designations.

Can anyone, anywhere explain just exactly what those 26 acronyms mean and what the qualifications are to earn the use each of them? And if you can ... WHY?

Some of those designations have extensive requirements, including several days or even a full week in a classroom setting, a written examination, a certain number of years in the business and evidence of having closed a required number of transactions in the specialty.

And then there's the real estate equivalent of The Skull & Bones... the CRE designation. Only 1,000 people hold it, the qualifications are secret, and membership is by invitation only. Yipes... are they licensed to kill?

Oh yes, let's not forget the QSC designation. That one requires a live or online course, a 40-question multiple choice quiz, a signed commitment to quality statement and participation in a perpetual customer survey program that costs $50 for every 20 surveys.

RE/MAX International has a designation for RE/MAX sales agents. This one is the "internationally recognized CNHS designation." Translated that stands for "Certified New Home Specialist."

Since its international you can sell homes in Transylvania where you don't have to disclose that the previous owner was a vampire?

The Women's Council of Realtors awards the LTG designation. Please excuse me, but I can't figure that one out since I have just been stricken with a severe case of dyslexia

What I really want is an agent who can find a buyer and properly fill out a purchase agreement. No alphabet required.

How about just finding and assigning properties without cash, credit or much risk? Sounds good?

Learn how here: http://digbig.com/4cmxe

About The Author: Mark Walters is a third generation real estate investor. From his Web sites he shares his experince: http://www.cashflowinstitute.com & http://www.lease-option-sub2.com

In The News:

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Raunchy Australian real estate promo horrifies internet  CNNGuests are often told to make themselves at home -- but a sultry pair of actors have pushed that invitation to its limits, much to the gleeful horror of the internet.
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Real estate industry complains to finance ministry about NBFCs, Indiabulls  The Financial ExpressHighlighting the specific case of Indiabulls, in a letter dated April 8, Credai has alleged that Indiabulls being one of the largest lenders in the sector is “causing ...
Max Group enters commercial real estate with Max Towers opening on DND  Business StandardMax Estates, a subsidiary of Max-Ventures & Industries Ltd. (MaxVIL), on Friday announced the opening of its flagship office project - Max Towers located on the ...
Unemployment in Jaipur's real estate sector: Demonetisation and GST among factors behind job crisis  FirstpostIn Rajasthan, the shock of demonetisation and GST, along with the lingering effects of RERA Act, have contributed to a slowdown in the real estate sector.
Important Amendments Concerning The Revaluation Of Rental Amounts - Real Estate and Construction - Turkey  Mondaq News AlertsThe Blanket Law No 7161 published in the Official Gazette dated 18 January 2019 introduced a series of amendments to rent revaluation rules. Turkey Real ...
Overweight cyclicals, financials and real estate sectors: Morgan Stanley  Moneycontrol.comIn case of Sensex companies, Morgan Stanley expects earnings growth of 24 percent in FY20. On the basis of which, it feels the index could touch 42000 by ...
Real estate shares in focus; Godrej Properties hits record high, DLF up 5%  Business StandardOf the total money deposited by Unitech, the apex court has allowed release of Rs 40 crore for completion of pending works ...
D-Street Buzz: Realty stocks gain led by Indiabulls Real Estate; Bharti Airtel rises, Infosys drags  Moneycontrol.comThe Indian stock market including Sensex and Nifty is trading on a flat to positive note with Nifty50 up 10 points trading at 11,593 while the Sensex gained 44 ...
Secondary Cities in the U.S. That Are Prime Real Estate Investment Opportunities  Mansion GlobalFor those looking to invest in high-end real estate in the U.S. but are hesitant to part with their cash in the face of stock market volatility, the rewritten federal tax ...
Investors convinced of 'certainty of investment returns' in Indian real estate: Experts  Economic TimesInvestors are convinced of a strong certainty on returns on their investments from the real estate in India as the positive but disruptive policies have resulted in ...
IYR: Know What's In Your Real Estate REIT  Seeking AlphaMany investors perceive REITs to be a high-yield asset class when that's not quite the case. A look at a leading industry ETF, IYR, demonstrates this point. Don.
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GST on real estate: What it means for you  LivemintMumbai: When the Goods and Services Tax (GST) Council meet last week, the outcome was that now real estate developers could choose either to opt for old ...
Can sops lift real estate investments?  Forbes IndiaEstimates peg yields from residential real estate at between 2 and 5 percent and commercial between 8 and 10 percent. Image: Frederic Soltan / Corbis via ...
Motilal Oswal Real Estate achieves second close of realty fund with commitments of Rs 850cr  Economic TimesMotilal Oswal Real Estate (MORE), the real estate private equity arm of Motilal Oswal Financial Services, has achieved the second close of its fourth real estate ...
Repo rate cut to ease liquidity, boost sales for real estate sector  Business TodayReduction in repo rate by another 25 basis points will bring down construction finance costs and ease out home loan rates, giving yet another boost to the real ...
PEs invest $1 billion in Indian real estate in January-March: Data  Economic TimesReal estate attracted over $4 billion of PE inflow in 2018, a decline of 9% on-year.
D-Street Buzz: Realty stocks shine led by Indiabulls Real Estate; Cipla jumps 2%, HDFC Bank most active  Moneycontrol.comThe top Nifty gainers include Cipla, Indiabulls Housing Finance, ONGC, Zee Entertainment and Kotak Mahindra Bank while TCS, Hindalco Industries, HCL Tech, ...
Real estate: Learning from the past 10 years  Forbes IndiaThe sector is estimated to grow to $650 billion by 2025, but is this realistic? What will be the sources of capital that fund this growth?
Residential real estate sector outlook remains negative, says Icra  Business StandardRead more about Residential real estate sector outlook remains negative, says Icra on Business Standard. factors responsible for negative outlook are ...
REAL ESTATE AND CONSTRUCTION | New Jersey Law Journal  Law.comIn the Law Journal's special section on Real Estate and Construction read about design-assist projects the changing face of the retail lease two recent appellate ...
Indiabulls Real Estate, Jai Corp among top gainers on BSE  Economic TimesNEW DELHI: The domestic equity benchmark BSE Sensex was trading 101.79 points up at 38,964.02 on account of buying in frontline bluechip counters.
The Hottest Real Estate Markets This Spring  ForbesCalifornia used to have some of the hottest markets in the country, but now that things have slowed down these are the cities moving up the list.
Real estate sees 10% increase in quarterly sales thanks to pre-election sops  Business TodayThe government's pre-election bonanza for residential real estate seems to have worked well, resulting in over 10 per cent increase in sales in the March quarter ...
Airbnb leads $160 million investment in real estate and hospitality startup Lyric  VentureBeatLate last year, The Information reported that Airbnb was going to invest around $75 million in AJJK-owned Lyric (formerly Parallel), a San Francisco *service* that ...
Singapore-based PE firms' investment into Indian real estate triples in last two years  ETRealty.comMajor Singapore-based private equity firms like such as GIC, Ascendas and Xander are investing billions of dollars into the country's real estate sect..
Commercial vs Residential Property: Compared - What a real estate investor should choose for investment pur...  Zee BusinessCommercial vs Residential Property: Real Estate market is expecting push post-Lok Sabha Elections 2019 as the sops — reduction in GST, reduction in RBI ...
Ares Commercial Real Estate Corp (ACRE) Given Average Recommendation of “Buy” by Brokerages  Finance DailyShares of Ares Commercial Real Estate Corp (NYSE:ACRE) have been given a consensus rating of “Buy” by the eight research firms that are covering the stock, ...
‘Breathtakingly horrific’ real estate advert goes viral with music video dance routine  The indy100When you work in real estate, you've got to find *fresh* ways to stand out. That seems to be the thinking behind a new advert for a luxury home in Australia, which ...
Zillow sues real estate rival Compass over non-compete violation and stolen intellectual property  GeekWireSeattle-based Zillow Group filed two lawsuits Friday against real estate rival Compass, alleging that the SoftBank-backed high-tech brokerage stole Zillow ...
BOJ warns of overheating in real estate loans for 1st time in two decades  Reuters IndiaTOKYO (Reuters) - The Bank of Japan issued a warning for the first time in 20 years that financial institutions may be over-extending real estate loans, a sign that ...
Ascendas Real Estate Inv Trust (A17U.SI) Charge 0.68% Higher For the Week  Hermann HeraldAscendas Real Estate Inv Trust (A17U.SI) shares are showing positive signals short-term as the stock has finished higher by 0.68% for the week. In taking a.
New government needs to focus on real estate, power to drive growth: Mihir Vora  Economic TimesAs the economy stabilises and the new government comes in and starts making the right noises in terms of growth in the right pockets, the broader market will ...
Indiabulls Real Estate Ltd board to approve Q4, FY19 results on April 23, 2019  Equity BullsA meeting of the Board of Directors of Indiabulls Real Estate Ltd is scheduled on 23/04/2019, to consider and approve the audited financial results of the ...
Why is India’s real estate market stagnating  Hindustan TimesAs India marches towards a decidedly urban future, concerns about quality of urban living should be topmost priority for policymakers. While there are many ...
Tourism real estate: legal considerations for developers - Newsletters  International Law OfficeMexico attracts a large number of tourists, and real estate to support this booming industry is frequently being developed by investors. As Mexico has an ...
Real Estate Prices Will Only Go Up From Here, Says Sobha  BloombergQuintSobha Ltd. said it will not cut prices of its properties as the real estate developer looks to recover higher input costs.
Real estate majors eye $10 billion via REITs: Report  Moneycontrol.comAt least five major real estate companies are reportedly eyeing a $10 billion fundraise via real estate investment trusts (REITs) over the next two years. According ...
Realtors have time till May 10 to opt for old GST rates  Times of IndiaNEW DELHI: Real estate firms have time till May 10 to communicate to their respective jurisdictional officers whether they want to continue with the old GST rates ...
Axis AMC raises ₹400 crore maiden real estate fund  LivemintBengaluru: Axis Asset Management Company (AMC), a unit of Axis Bank, has concluded raising its maiden real estate fund — Axis RERA Opportunities Fund-I ...
Explained: Why GST still vexes Indias real estate developers and buyers  Business StandardSudipta Bhattacharjee, partner (tax controversy management & contract documentation), Advaita Legal, explains why the tax still vexes the real estate sector: ...
NRIs buying residential real estate at home  BusinessLineThey are not coming home as much as buying homes. NRI investors never had it so good while investing their money in 'sweet home'. By 2022, when India ...
Raymond ventures into real estate development through Raymond Realty  Exchange4MediaRaymond Group is foraying into the real estate development business, as an effort towards constant evolution under its vision of Raymond Re-imagined. In order ...
Howard Hanna ranked 3rd largest US independent real estate firm  Cleveland Jewish NewsHoward Hanna Real Estate Services continued to hold the title of largest independent real estate firm in the nation, according to the 2019 REAL Trends 500 ...
Raunchy real estate promo raises eyebrows  CNNAn Australian real estate company released -- and subsequently removed -- an eyebrow-raising promotional video that featured actors pouting, strutting and ...
RBI repo rate cut to revive consumer spending, boost real estate market: Experts  Moneycontrol.comShishir Baijal of Knight Frank India said the real estate sector has been looking forward to such stimuli to boost sales velocity.
More Than Gold: 7 Reasons Why Bitcoin is Prime 'Digital Real Estate'  BitcoinistBitcoin itself is already 'real estate' on the blockchain by quickly emerging as the first 'digital property' for an increasingly digital world. Bitcoin Bitcoin itself is ...
Motilal Oswal Real Estate makes mezzanine loans to Chennai developer Radiance  VCCircleMotilal Oswal Real Estate, an investment arm of Motilal Oswal Group, has loaned Rs 83 crore ($12 million at current exchange rate) to three projects of ...
Real Estate Associate, All levels, Shanghai/Hong Kong | Vantage Asia  Vantage AsiaRole. Real Estate Associate, All levels, Shanghai/Hong Kong. Location. Hong Kong. Job Description. A well-established US law firm is looking for all level ...
Florida mobile home parks face real estate crunch  Florida TrendIn the hunt for housing affordability, mobile home parks have been an oasis. But developers are eyeing them, increasing rents and forcing some residents to ...
Recent Commercial Real Estate Transactions  The New York Times$42/SQ. FT. 46-24 28th Street (between Skillman and 47th Avenues). Queens. This former beer bottling plant in Long Island City has been converted into a ...

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