Over the years you’ve probably received a few business cards from real estate agents, or have seen their ads in newspapers or online. Most agents who have been in the business for awhile have several letters or acronyms after their names. Have you ever wondered what they mean?
In addition to belonging to organizations such as the National Association of Realtors (NAR), and local organizations like the Iowa Associate of Realtors (IAR) and the West Central Iowa Board of Realtors (WCIBR), real estate agents in Iowa are required to take 36 hours of continuing education classes every 3 years. As part of this education, most agents will acquire certificates or designations relating to the industry.
Some of the most common designations include:
GRI- Graduate Realtor Institute — Developed for members of the National Association of REALTORS® and offered through State REALTOR® Associations, the GRI program includes 90 hours of coursework on topics from marketing and servicing listed properties to real estate law.
CRS- Certified Residential Specialist – Offered by the Council of Residential Specialists, this course requires 60-90 hours of classroom instruction in a variety of real estate topics as well as field experience working with Buyers and Sellers.
ABR- Accredited Buyer’s Representative – Developed by the Real Estate Buyer’s Agent Countil (REBAC), this designation involves a 2 day intensive course, as well as one elective class and actual experience with Buyers in the field.
e-PRO- Developed ten years ago by the National Association of REALTORS® (NAR) the e-PRO® certification program teaches members how to effectively use real estate technology to grow their business and help their clients.
CSP- Certified New Home Sales Professional – Offered by the National Association of Home Builders, this course is designed for specialists in new home sales to increase their knowledge and marketability.
There are others, but this gives you a general idea of the education most experienced agents have. We don’t just get our license and do nothing! We stay educated within our industry with required continuing education classes and designations. We strive to learn more, be a better resource and keep you, our clients, informed.
Julie May, ABR, GRI