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:


Real Estate Values Climb Compared to February Last Year
MainePublic.org
February saw a hike in real estate values in Maine compared to the year before, but a decline in the number of homes sold. The Maine Association of Realtors says the statewide median was up 12.5 percent to $180,000 during the month of February. However ...

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CNBC

Hot US real estate a potential red flag: Fed's Rosengren
CNBC
The run-up in U.S. real estate prices could potentially amplify any future economic downturn, a Federal Reserve official said on Tuesday, urging regulators globally to consider tools beyond interest rates that could help cool the sector. A sharp ...

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Entrepreneur

3 Tech Trends Helping to Bring New Investors to Real Estate
Entrepreneur
Real estate has been a volatile market over the last decade, leaving many people wary of investing in residential and commercial properties. As a result, would-be investors are looking at the market differently and using new strategies to achieve success.

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WTAJ

Central PA Pros: Coldwell Banker Town & Country Real Estate 3.22.17
WTAJ
Bob Pennington from Coldwell Banker Town & Country Real Estate discusses today's property tour, and what he would advise buyers and sellers to do in the real estate market now that spring has arrived. Coldwell Banker Town & Country Real Estate opened ...

and more »

CNBC

Real estate mogul: Increase your home's value by investing in this overlooked space
CNBC
According to the real estate mogul, there's a surprisingly important feature you'll want to pay close attention to when flipping a property: the closet. Sidney Torres of "The Deed". Maarten de Boer/NBC | Getty Images. Sidney Torres of "The Deed". "A ...


Forbes

In New York, Luxury Real Estate's Pied Piper
Forbes
When New York found itself in the throes of the financial crisis in 2008, and home sales began to tumble, most real estate brokers scrambled to help clients unload properties languishing on the market. But not Robert Dankner. “The smart money knew ...


Aspen Public Radio

2016 Real estate market took a hit
Aspen Public Radio
A listing for a $27 million, 11,000 sq/ft home in Aspen. Credit Trulia / Ed Zasacky/Aspen Snowmass Sotheby's International Realty,. Real estate sales fell 30 percent in Aspen and Snowmass in 2016, but overall was still a $1.45 billion industry.


Washington Business Journal

Washington Real Estate Investment Trust to acquire part of the Watergate complex
Washington Business Journal
The District-based real estate investment trust plans to close early next month on its acquisition of Watergate 600, a 309,387- square-foot building at 600 New Hampshire Ave. NW owned through an affiliate by publishers Katherine and David Bradley.

and more »

FOX 21 Online

New Real Estate Coming To The Water
FOX 21 Online
New lake front property will soon be available for an experience like none other in Duluth. The Duluth City Council voted unanimously to allow Hoff & Giuliani to begin development of lot D, prime real estate next to Pier B Resort. Pier B being the last ...

and more »

KHTS Radio

Santa Clarita Inventory Real Estate Report Continues To Show Low Inventory
KHTS Radio
Santa Clarita realtors have seen a decrease in the already limited listings for condominiums and homes while sales have continued to rise. Don't miss a thing. Get breaking KHTS Santa Clarita News Alerts delivered right to your inbox. Due to the lowest ...

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Google News

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