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Real
Estate Designations |
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GRI – Graduate, REALTOR® Institute
is a nationally recognized educational institute dedicated to furthering
the fundamental knowledge and skills of REALTORS® with less than five
years experience. The GRI series is also available to more experienced
real estate practitioners to help them stay current on timely issues
and to freshen and reinforce their basic skills.
The GRI designation is earned by completing a national
program of specialized and advanced education for the licensed REALTOR®.
It involves intense study, covering many special aspects of real estate
such as residential marketing, cost basis, appreciation methods, investment
real estate, construction, real estate tax concepts, exchanges, capital
gains, and various types of mortgage programs.
This designation may only be earned after successfully
completing a rigorous educational program. This program requires 92
hours of live course instruction from a statewide faculty selected
because of extensive experience in their own areas of expertise.
For more information contact Professional Realty Institute at 1-626-229-9900
or 1-888-785-4800 or visit their Web page at http://www.edesignations.com/
or email at klgregory@edesignations.com.
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A REALTOR® holds a real estate
license from the state and is a member of the NATIONAL ASSOCIATION OF
REALTORS®, C.A.R., a local board or association, and has pledged to abide
by NAR's Code of Ethics. |
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ABR
– Accredited Buyer Representative is a designation from the
Real Estate Buyer’s Agent Council that trains experienced REALTORS® in
specifically representing the real estate consumer. The ABR designation
is awarded to real estate practitioners who complete a comprehensive
two-day REBAC course in buyer representation, achieve a passing
grade on the written examination, demonstrate practical experience by
completing and closing five real estate transactions in which the candidate
functioned as a buyer's representative and who maintain a membership
in good standing with the National Association of REALTORS® and the
Real Estate BUYER'S AGENT Council.
For more information contact Professional Realty Institute at 1-626-229-9900
or 1-888-785-4800 or visit their Web page at http://www.rebac.net/.
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ABRM – Accredited Buyer Representative Manager
is geared to real estate firm brokers, owners and managers that have
or wish to incorporate buyer representation into their daily practice,
designees have taken and passed both the ABR® and ABRM course and provided
documentation of past management experience.
The ABRM designation is awarded real estate practitioners who complete
a comprehensive two-day REBAC ABR® course in buyer representation
and passing or challenging the written examination, complete
the comprehensive one-day REBAC ABRM course in buyer representation,
successfully passing the written examination, certification
that the broker/owner/manager has overseen a minimum of 25 real estate
transactions that involved a buyer agent or had more than 2 years of
experience in the oversight of buyer representatives and be a member
in good standing with the National Association of REALTORS® and the
Real Estate Buyer's Agent Council.
For more information contact Professional Realty Institute at 1-626-229-9900
or 1-888-785-4800 or visit their Web page at http://www.rebac.net/.
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ALC
– Accredited Land Consultant are the recognized experts in
land brokerage transactions of five specialized types: (1) farms and ranches;
(2) undeveloped tracts of land; (3) transitional and development land;
(4) subdivision and wholesaling of lots; and (5) site selection and assemblage
of land parcels. Acquire valuable skills through educational offerings
leading to the ALC designation.
The ALC designation is awarded to a petitioner that is a member in
good standing of the Realtors Land Institute, has 3 or more years of
experience as a REALTOR®, successfully complete five RLI Land University
core courses and one RLI Land University elective course in Investment
Analysis, Subdivision Development, Agricultural Land, Transitional Land,
Tax Ideas with Exchanging and Creative Real Estate, Tax Ideas and Strategies
for Selling Real Estate, Site Selection, and Land Planning and Design.
REALTORS® Land Institute. For information on the ALC designation call
1-800-441-5263 or visit their Web page at http://www.rliland.com/,
E-mail RLI at rli@realtors.org.
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ARM
– Accredited Residential Manager is the designation awarded
by IREM to specialists who manage residential property. The designation
is for individuals that manage rental apartment complexes, rental mobile
homes, rental condominiums, rental single-family homes, single-room occupancy
apartments (SROs), homeowners' associations or indivuals that are resident
managers, property managers, or asset managers.
To become a ARM, one must complete a minimum of 5 points from IREM
courses. Each course is worth between one and six education points,
depending on the length and complexity of the course.
Institute of Real Estate Management (IREM). Contact Customer Service
at 1-800-837-0706, Ext. 4405, visit their Web page at http://www.irem.org/.
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CAM
– Certified Apartment Manager is a nationally recognized
certification and education program for resident managers. Upon
completion of the CAM course, the resident manager has been equipped with
the proven management tools and techniques to cope with the diverse problems
of apartment management, maintenance, resident relations and marketing.
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CBR
– Certified Buyer Representative is a by REALTOR® Boards
and Associations throughout the United States. REALTORS® with the CBR
designation are taught the street skills necessary to both help buyers
find their desired property and to help them negotiate for that property
in a non-adversarial manner. a course sponsored by REALTOR® Boards and
Associations throughout the United States. REALTORS® with the CBR designation
are taught the street skills necessary to both help buyers find their
desired property and to help them negotiate for that property in a non-adversarial
manner.
This designation may be earned by completing 3 consecutive days
of intensive buyer agency training.
For more information contact CBR Hotline at 1-800-275-7388 or visit
their Web page at http://www.cbrsource.com/.
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CCIM
– Certified Commercial Investment Member designation has been
the mark of a professional in commercial and investment real estate since
1968. The CCIM can be earned by REALTORS® as well as mortgage bankers,
tax or real estate attorneys, financial planners and managers, investment
advisors, officers of development companies and other real estate professionals.
This designation may be earned after successfully completing four
graduate-level courses and an introductory overview course.
Commercial Investment Real Estate Institute (CIREI) Call 1-800-621-7027,
or visit the CCIM Web Site at www.ccim.com
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CIPS
– Certified International Property Specialist is an international
real estate education course sponsored by REALTOR® Boards and Associations
throughout the United States. Designees are relied upon as a resource
for experts in the international real estate market.
This designation may be earned after successfully completing an intensive
seven-day program of study focusing on critical aspects of transnational
transactions, including currency and exchange rate issues, and cross-cultural
relationships, regional market conditions, investment performance, tax
issues and more. U.S. members must be a REALTOR® and a member of the
National Association of REALTORS®.
For information visit their web site at http://www.cipsnetwork.com/ or email the NATIONAL ASSOCIATION
OF REALTORS®. at NARGlobe@realtors.org
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CPM
– Certified Property Manager designation is the oldest and
most prestigious achievement in property management. It is awarded
to property managers whose experience, education and ethical standards
warrant such distinction. CPMs are experts in managing apartments,
office buildings, commercial centers and homeowners’ associations and
are informed on tax laws insurance regulations, and critical investment
factors.
To become a CPM, one must complete a combination of core and elective
requirements. One will need 260 points --160 required points and 100
elective points - in addition to meeting some other criteria unrelated
to the point system.
Institute of Real Estate Management (IREM). Contact Customer Service
at 1-800-837-0706, Ext. 4405, visit their Web page at http://www.irem.org/.
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CRB
– Certified Real Estate Brokerage Manager has been a symbol
of management excellence in real estate brokerage since 1969. The
program is open to REALTORS® who want to learn every aspect of brokerage
management, human behavior skills, recruitment and training techniques.
The designation helps to develop sound financial and marketing programs
and information how to communicate effectively.
The CRB designation is earned by successfully completing eighteen
credits, have a minimum of 75 transactions within the last five
consecutive years, and accumulate 10 points by having either bachelor's,
master's or Ph.D. in real estate, or one of the following designations:
CCIM, CIPS,CPM,CRB, GRI. They may also accumulated points by taking
CRS Courses in addition to the three required core CRS Courses or by
completing transactions the last five consecutive years, in addition
to the 75 core transactions required. Applicants are required to submit
a letter from their local board verifying current membership.
Council of Real Estate Brokerage Managers. Call 1-800-621-8738, or
visit their Web site at http://www.crb.com/ for more information.
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CRE
– Counselor of Real Estate is a member of The Counselors of
Real Estate, an international group of recognized professionals who provide
seasoned, objective advice on real property and land-related matters.
Only 1,000 practitioners throughout the world carry the CRE designation.
Membership is by invitation only.
Membership is selective, extended by invitation only on either a sponsored
or self-initiated basis. The organization’s CRE® Designation (The Counselor
of Real Estate) is awarded to all members in recognition of superior
problem solving ability in various areas of specialization such as litigation
support, asset management, valuation, feasibility studies, acquisitions/dispositions,
and general analysis
The Counselors of Real Estate. Contact 1-312-329-8427 or visit www.cre.org/.
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CREA-
Certified Real Estate Appraiser This designation is for the
professional, state-licensed and certified appraiser who performs appraisals
on residential, vacant land, small commercial and other properties. Contact
info: NAR's Real Estate Appraisal Section, (800) 354-2397 |
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CRIA
- Certified Realty Investment Associate is a designation from
the Realty Investment Association of California (RIAOC), for attendees
at a series of 12 - 3-hour seminars covering the practical aspects
of Commercial and Investment real estate. Participants will become more
knowledgeable and professional in dealing with clients and in transactions
with other agents. These are "nuts and bolts" seminars presented by experienced
"hands-on" brokers and specialists in the field of Commercial and Investment
real estate.
Realty Investment Association of California. Contact 714-544-6604 or
visit http://www.riaoc.com/ |
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CRS
– Certified Residential Specialist has been a symbol of achievement
in education and residential sales experience since 1977. The CRS
program is open to REALTORS® who want to keep abreast of the latest sales
and marketing techniques, enhance their professionalism, and increase
their earning power.
This designation may be earned after successfully completing CRS
200 plus two additional Council courses and a minimum 75 transactions
within the last five consecutive years.
Council of Residential Specialists. Contact Member Services at 1-800-462-8841,
visit their Web site at http://www.crs.com/.
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e-PRO – e-PRO is a new training program presented
entirely online to certify real estate agents and brokers as Internet
Professionals. This designation may be earned after successfully
completing 5 areas presented entirely online.
For more information contact Professional Realty Institute at 1-626-229-9900
or 1-888-785-4800 or visit their Web page at http://www.edesignations.com/epro/index.asp
or email at lrossetti@edesignations.com.
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GAA
– General Accredited Appraiser. Certified general appraisers
wishing to increase their visibility should consider pursuing the GAA
designation. The GAA designation is awarded to appraisers whose education
and experience exceed state appraisal certification requirements and is
supported by the NATIONAL ASSOCIATION OF REALTORS®.
This designation may be earned by being a State General Appraiser.
Have a minimum of 1,000 hours experience in addition to the experience
required to obtain state certification and 60 hours of tested course
work in addition to the Appraiser Qualification Board's education
requirement at the time of certification
For more information contact NATIONAL ASSOCIATION OF REALTORS® at 1-800-354-2397,
or 312-329-8821 or visit their Webpage at http://www.narappraisalsource.com/
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LTG
– Leadership Training Graduate designation is awarded only
by the Women’s Council of Realtors to those candidates who successfully
complete four one-day courses and meet specific requirements. Courses
include Excellence in Communications, Personal and Professional.
Women’s Council of REALTORS®. Contact the Education Department at 1-800-245-8512,
visit http://www.wcr.org/, e-mail to wcr@wcr.org
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Quality Service Certified® designation may
be the most important credential a real estate professional can hold.
A Quality Service Certified® sales professional is held to a standard
which requires accountability, reliability and consistency - the ongoing
delivery of quality service on each transaction.
The Quality Service Certification® training program can be completed
by attending a live presentation or by taking the course online.
Quality Service Certification, Inc. at 1-888-547-4QSC (4772), visit
http://www.qualitycertified.org/, e-mail to info@QualityCertified.org.
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RAA
– Residential Accredited Appraiser. Certified residential appraisers
wishing to increase their visibility should consider pursuing the RAA
designation. The RAA designation is awarded to appraisers whose education
and experience exceed state appraisal certification requirements and is
supported by the NATIONAL ASSOCIATION OF REALTORS® .
This designation may be earned by being a State Certified Residential
or General Appraiser. Have a minimum of 1,000 hours experience in addition
to the experience required to obtain state certification and 45 hours
of tested course work in addition to the Appraiser Qualification
Board's education requirement at the time of certification.
For more information contact NATIONAL ASSOCIATION OF REALTORS® at 1-800-354-2397,
or 312-329-8821 or visit their Webpage at http://www.narappraisalsource.com/
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RCE
– REALTOR® Association Certified Executive. Association executives
interested in demonstrating commitment to the field of REALTOR® association
management should pursue the RCE designation. AEs are recognized for their
specialized industry knowledge and their association achievements and
experience.
This designation may be earned by successfully completing 3 exams
and also meeting the following guidelines: RCE is open to all full-time
employees of a local or state association of REALTORS® , wholly- owned
REALTOR® association subsidiary corporation, or regional multiple listing
service owned by a REALTOR® association. Also one must have 5 years
years REALTOR® association experience and be a current CAE designee
(Certified Association Executive offered by ASAE).
For more information please vist their website at http://www.rceonline.com/ or email at loken@realtors.org
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SIOR
– Society of Industrial and Office REALTORS®. Individuals certified
with the SIOR designation are top producers in industrial and office real
estate brokerage, representing more than 800 offices in over 350 cities
worldwide. The Society’s mandatory recertification requirement assures
clients of the designee’s excellence in the fast changing commercial brokerage
field.
This designation may be earned after successfully completing a comprehensive
membership entrance examination; or hold a CCIM or RICS designation;
or complete thirty credit hours of approved commercial real estate
coursework based on various criteria and completing the Society's ethics
and professional standards module (a half-day seminar).
Society of Industrial and Office REALTORS® Contact Membership at 202-737-8763,
visit http://www.sior.com/.
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SRES
- Seniors Real Estate Specialist. REALTORS® with the “SRES”
designation help seniors make wise decisions about selling the family
home, buying rental property or managing the capital gains and tax implications
of owning real estate. By earning the “SRES” designation, the REALTORS®
has demonstrated that they have the requisite knowledge, experience and
expertise to be a senior’s real estate specialist and counselor.
This designation may be earned after completing a 2 day class or
home study.
For more information contact the Senior Real Estate Specialist at 800.500.4564,
or visit: http://www.seniorsrealestate.com/ |
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