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- Broker with West Homes Realty
Specialties: REO/Bank Owned, Short Sales, Residential Sales...
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sres: Seniors Real Estate Specialist
The SRES® Designation program educates REALTORS® on how to profitably and ethically serve the real estate needs of the fastest growing market in real estate, clients age 50+. By earning the SRES® designation, you gain access to valuable member benefits, useful resources, and networking opportunities across the U.S. and Canada to help you in your business.
gri: Graduate, REALTOR® Institute
REALTORS® with the GRI designation have in-depth training in legal and regulatory issues, technology, professional standards, and the sales process. Earning the designation is a way to stand out to prospective buyers and sellers as a professional with expertise in these areas.
abr: Accredited Buyer’s Representative
The Accredited Buyer’s Representative (ABR®) designation is designed for real estate buyer agents who focus on working directly with buyer-clients at every stage of the home-buying process.
sfr: Short Sales and Foreclosure Resource
The SFR® certification teaches real estate professionals to work with distressed sellers and the finance, tax, and legal professionals who can help them, qualify sellers for short sales, develop a short sale package, negotiate with lenders, safeguard your commission, limit risk, and protect buyers.
Through NAR's Green Designation, the Green Resource Council provides ongoing education, resources and tools so that real estate practitioners can successfully seek out, understand, and market properties with green features.
crb: Certified Real Estate Brokerage Manager
The Certified Real Estate Brokerage Manager (CRB) is one of the most respected and relevant designations offered in real estate business management and is awarded to REALTORS® who have completed advanced educational and professional requirements. CRB Designees are better positioned to streamline operations, integrate new technology and apply new trends and business strategies. Join today and discover a new approach to enhancing knowledge and leveraging opportunity.
cpm: Certified Property Manager
CPM designees are recognized as experts in real estate management. Holding this designation demonstrates expertise and integrity to employers, owners, and investors.
crs: Certified Residential Specialist
The CRS designation is the highest credential awarded to residential sales agents, managers, and brokers. On average, CRS designees earn nearly three times more in income, transactions, and gross sales than non-designee REALTORS®.
alc: Accredited Land Consultants
The esteemed Accredited Land Consultants (ALCs) are the most trusted, knowledgeable, experienced, and highest-producing experts in all segments of land. Conferred by the REALTORS® Land Institute, the designation requires successful completion of a rigorous LANDU education program, a specific, high-volume and experience level, and adherence to an honorable Code of Conduct.
cips: Certified International Property Specialist
Instantly align yourself with the best in international real estate by earning the CIPS designation. The program includes five full days of study focusing on the critical aspects of international real estate transactions, and an influential network of 2,000 professionals who turn to each other first when looking for referral partners.
epro: Certified Internet Professional
NAR's e-PRO® certification teaches you to use cutting-edge technologies and digital initiatives to link up with today's savvy real estate consumer.
bpor: Brokers Price Opinion
The BPOR certification provides REALTORS® with knowledge and skills to perform accurate and professional broker price opinions (BPOs) and comparative market analyses (CMAs), while reducing risk and increasing opportunities.
pmn: Performance Management Network
This designation is unique to the REALTOR® family designations, emphasizing that in order to enhance your business, you must enhance yourself. It focuses on negotiating strategies and tactics, networking and referrals, business planning and systems, personal performance management and leadership development.
ccim: Certified Commercial Investment Member
The Certified Commercial Investment Member (CCIM) designation is commercial real estate’s global standard for professional achievement, earned through an extensive curriculum of 200 classroom hours and professional experiential requirements. CCIMs are active in 1,000 U.S. markets and 31 other countries and comprise a 13,000-member network that includes brokers, leasing professionals, asset managers, appraisers, corporate real estate executives, investors, lenders, and other allied professionals.
cre: Counselors of Real Estate
The Counselors of Real Estate® is an international group of recognized professionals who provide seasoned, expert, objective advice on real property and land-related matters. Only 1,100 practitioners throughout the world carry the CRE® designation. Membership is by invitation only.
gaa: General Accredited Appraiser
For general appraisers, this designation is awarded to those whose education and experience exceed state appraisal certification requirements and is supported by the National Association of REALTORS®.
mrp: Military Relocation Professional
NAR's Military Relocation Professional certification focuses on educating real estate professionals about working with current and former military service members to find housing solutions that best suit their needs and take full advantage of military benefits and support.
raa: Residential Accredited Appraiser
For residential appraisers, this designation is awarded to those whose education and experience exceed state appraisal certification requirements and is supported by the National Association of REALTORS®.
rce: REALTOR® Association Certified Executive
RCE is the only professional designation designed specifically for REALTOR® association executives. RCE designees exemplify goal-oriented AEs with drive, experience and commitment to professional growth.
rsps: Resort and Second-Home Specialist
This certification is designed for REALTORS® who facilitate the buying, selling, or management of properties for investment, development, retirement, or second homes in a resort, recreational and/or vacation destination are involved in this market niche.
sior: Society of Industrial and Office REALTORS®
The SIOR designation is held by only the most knowledgeable, experienced, and successful commercial real estate brokerage specialists. To earn it, designees must meet standards of experience, production, education, ethics, and provide recommendations.
srs: Seller Representative Specialist
The Seller Representative Specialist (SRS) designation is the premier credential in seller representation. It is designed to elevate professional standards and enhance personal performance. The designation is awarded to real estate practitioners by the Council of Real Estate Brokerage Managers (CRB) who meet specific educational and practical experience criteria.
awhd: At Home With Diversity
Learn to work effectively with – and within – today’s diverse real estate market. The At Home With Diversity certification teaches you how to conduct your business with sensitivity to all client profiles and build a business plan to successfully serve them.
Check out all of Richard C.'s activity on the Trulia community, Trulia Voices. If you have a real estate question, get answers from professionals by posting there.
Q:A:Co-op is like an entity of its own and a potential buyer does not get a deed to his/her property. A buyer gets a certificate that is comparable to a stock certificate reflecting an ownership in a company or a corporation. There are many restrictions that co-op board can implement that might impact the value of the property, especially if co-ops are not popular in that city. New York city is a good example of a place where co-ops are relatively popular. Condominium on the other hand is a piece of the property in a multiunit building that is transfereable by a deed. The buyer owns that unit and in most cases can transfer the title to the property without any restrictions. Some people stated that co-ops could restrict the ability of their "owners" to rent their units. Well, the same applies to the condo owners. It is an interesting subject, if you need to know more contact me at email@example.com
Q:A:I think you have a legal problem and none of the real estate brokers is really authorized to address it properly. It can amount to an unlicensed practice of law and none of us should do that. I suggest you obtain an advise of an attorney that practices in areas of construction law. He or she should be able to solve all of your problems and give you a workable solution.
Q:A:I am not sure if I understand you properly, but up to 4 units is usually considered a residential property. Everything more than 4 units would be a commercial property. I hope that was your question, but a mixed use property such as a store/office on the first floor and an apartment on the second floor would be considered a commercial property.
Q:A:Sometimes the property owner wants to sell the property, but in case his/her plan does not work out, he/she wants to rent it out. It does not necessary mean that once the property gets rented out, it still will be offered for sale. Those things can be resolved in a written agreement between the owner/landlord and the tenant. In general, the presumption would be that the landlord can do whatever he/she wants to do with the property. Having said that a properly written agreement could probably overwrite that presumption. As long as there was a consideration exchanged for certain condition in an agreement and there are damages mutually agreed upon stated in a contract, both sides should know what to expect in case of any problems. To be on the safe side, I suggest to contact an attorney who practices in a certain jurisdiction. He/she will probably advise as to a proper approach to phrasing that and whether certain agreements are in accordance with the law.
A:I agree with the response of Lance King. There are only a few examples when buyers would pay commission. In most cases the buyer's agent gets paid as a seller's co-operating agent. In other words the seller agrees to pay a percentage of the sale price to his/her agent. The seller's agent on the other hand allocates a portion of that commission to the buyer's agent who brings a buyer to the table. I don't know if the rest of the respondents would agree with me, but if you find a buyer's agent who asks you to pay him or her a commission, maybe it is a time to look for another agent.
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