Realtors are always handing me their cards with various initials and abbreviations after their names. Can you explain what some of the more common designations represent?
The National Association of Realtors offers a wide range of services and programs for its more than one million members, including many designed to increase their knowledge, proficiency and professionalism. Here are some of the most common designations, which Realtors earn by completing various required courses. Some of the listed designations are not conferred by NAR.
ALC/ Accredited Land Consultant
Specialist who broker, lease, sell, develop and manage land assets, including transitional, vacant, ranch and agricultural land.
ASP/ Accredited Home Staging Professional
Agents who are trained to maximize a listing’s selling potential through interior design.
CCIM / Certified Commercial Investment Member
Recognized experts in commercial real estate brokerage, leasing, valuation and investment analysis.
CIPS/Certified International Property Specialist
CIPs have training in international real estate transactions, and have experience assisting foreign investors, helping local buyers invest abroad and serving niche markets.
CLHMS/Certified Luxury Home Marketing Specialist
Members are trained to manage listings in the top 10 percent of the price market.
CRB/Certified Real Estate Brokerage Manager
One of the most relevant and respected designations in real estate business management. Awarded to Realtors who have completed advanced educational and professional requirements.
CRE/Counselor of Real Estate
Recognized professional who provides seasoned and objective advice on property and land-related matters are given this designation, which is by invitation only. Just 1,100 practitioners worldwide are CREs.
e-Pro/Certificate for Internet Professionalism
The e-PRO program is presented entirely online, and offers certification for online professionalism, involving all aspects of doing business on the Internet.
Agents with a Green Designation are knowledgeable about homes with environmentally friendly features.
RAA/Residential Accredited Appraiser
The RAA designation is awarded to appraisers whose education and experience exceed state appraisal certification requirements.
RSPS/Resort and Second-Home Property Specialist
Agents can explain financing and maintenance options for non-primary residences.
SRES/ Senior Real Estate Specialist
SRES Realtors are able to address the needs of home buyers over the age of 50.
SFR/Short Sale and Foreclosure Specialist
Agents are trained to prepare a proper bank packet requesting short-sale approval, and can submit a competitive offer on a foreclosed home.
If you would like more information about these designations or about any other real estate concerns you may have, please call me at (909) 374-4744.