Did you ever wonder what the letters following a real estate agent's name mean?
Tthey may be important to you regardless of whether you're a potential buyer or seller.Â Why, you might ask?
Professional designations give you an indication of an agent's
commitment to the realo estate profession because each designation represents an investment of
time and money to reach a higher level of professional competence - all
designed to provide a higher level of professional expertise to our customers.Â The more
letters you see, the more education the agent has received.
Some of the designations focus on specific subject areas, such as
the Certified Distressed Property Expert or CDPE designation.Â The name
might give the impression that the subject is properties that are
distressed or not in the greatest condition.Â The reality, though, is
that this education focuses on property owners who are in trouble or
expect to be in trouble with their mortgages.Â The aim is to intercede
with the lending institutions to keep the homeowner from going into
The GRI, or Graduate, Realtor Institute, designation signifies
completion of a rigorous course of study that spans the broad range of
topics associated with the sale and purchase of real estate. It can
take a year or more of study followed by written examinations to
receive this designation.
The ABR designation stands for Accredited Buyer Representative.Â
It's a course of study that provides advanced education so Realtors can
provide a higher level of service to their clients.
Realtors are members of the National Association of Realtors who are
held to a higher level of ethical behavoir and adhere to stricter
professional standards than agents who are not also Realtors.
As I said, professional designations are a symbol of professional commitment.
Incidentally,Â all real estate agents are required by the laws in the state where they practive to be licensed by the state.Â Having a real estate license is where the similarity ends between agents.
My professional designations are CDPE, GRI, ABR and I'm a Realtor.