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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 statementand participation in a perpetual customer surveyprogram that costs $50 for every 20 surveys.

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

Since its international you can sell homes in Transylvaniawhere you don't have to disclose that the previous ownerwas 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 propertieswithout 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


MORE RESOURCES:

MarketWatch

China Likely To Levy Expanded Real Estate Tax - Official
Wall Street Journal
BEIJING (Dow Jones)--China will likely expand an existing real estate tax, not impose a new, US-style property tax, as part of reform of the country's real ...
China to Increase Property Measures, Jones Lang SaysBusinessWeek
China `Tightening' Speculation Follows Property SurgeBloomberg
China's Stock Futures Rise on Easing European Debt Concern, New EnergyBloomberg
Wall Street Journal -Bloomberg
all 156 news articles »


Seattle Times

Real-estate brokerage suspended by regulators
Seattle Times
State regulators have suspended the real-estate licenses of Michael Hellickson and his Pierce County firm, charging he engaged in a host of dishonest ...
License Of Leading Local Real Estate Agent Suspended, Listings PulledKIRO Seattle

all 2 news articles »


Brisbane Times

Are Mortgage Rates Giving Traction to Real Estate Yet?
Seeking Alpha (blog)
We thought that perhaps we might be finding a rate level where traction could be found for real estate. Well, in retrospect, given the back-to-school skew ...
Company Profile: Bank of America Home Loans Works with Real Estate ...RisMedia.com (press release)
FHA Softens Mortgage Insurance BlowUPI.com

all 387 news articles »


Kennedy Wilson and Fairfax Financial Establish $278M Real Estate Partnership
MarketWatch (press release)
The partnership has also completed its first major transaction, buying a 65% interest in a Japanese apartment company that has total real estate assets of ...
Kennedy-Wilson, Fairfax Financial Form $278M PartnershipWall Street Journal
Kennedy Wilson Creates $278M PartnershipLos Angeles Business Journal

all 22 news articles »


Bulk Buying Real Estate
FOXNews (blog)
If you're one that loves a "steal of a deal," South Florida's real estate market is ready to love you back. But, the big catch--and in these economic times, ...
Perfect selling point for Miami Florida CondosFPRD (press release) (blog)

all 5 news articles »


EarthTechling (blog)

Green building takes off in real estate slump
USA Today
Green building remains the bright spot in an otherwise dull US real estate market as companies and homeowners look to lower utility bills. ...
Green Building: A Real Estate Revolution?NPR

all 24 news articles »


Bozeman Real Estate Firm Sells
Big Sky Business Journal
Michael Elliott, founder of catalyst real estate solutions™, has purchased Grubb & Ellis|Montana Commercial, LLC. Elliott left the Bozeman-based firm ...
Grubb & Ellis Healthcare REIT II Acquires Joplin Long-Term Acute Care Hospital ...MarketWatch (press release)
Grubb & Ellis Company Declares Preferred Stock DividendMarketWatch (press release)
Grubb & Ellis to offer property management serviceBusinessWeek

all 48 news articles »


Macerich to Participate in ISI Annual Real Estate Conference
MarketWatch (press release)
Macerich is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, ...

and more »


Real Estate News | BiggerPockets.com (blog)

Online real estate sites compared
CTV.ca
But Canadian sites are trying to beef up, and the largest real estate brokerages in the country (and the largest cable company) are playing a big part. ...
Website Service For Real Estate InvestorsFavStocks (blog)
Is Real Estate Still A Good Investment?istockAnalyst.com (press release)
Aviva expands real estate capabilitiestheasset.com
Mellersh & Harding -Newswire Today (press release) -Helium
all 42 news articles »


CoStar Group

Commercial Real Estate: Leases
Austin American-Statesman
Faske, Lay & Co. leased 4495 square feet at 3508 Far West Blvd. John Hanly and Jack Tynes of Commercial Real Estate Solutions represented the tenant. ...
Austin real estate round-up: Sept. 8Austin Business Journal

all 4 news articles »

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