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Bev West, Real Estate Pro in Greeley, CO

Do designations really pay off when the public has no idea what they stand for?

Asked by Bev West, Greeley, CO Thu Jan 2, 2014

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Eh, I tend to find the agents that have "alphabet soup" spend more time in classes than they do learning the market by actually working it. Just my opinion, and I am in the minority on this, and there are exceptions, but I am often underwhelmed when I pull an agent's transaction history who has a lot of designations. I am more impressed by transaction history. So you're a CDPE ? How many distressed property sales have you been a party to ? I'll take the numbers over the designations any day.
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2 votes Thank Flag Link Thu Jan 2, 2014
True that.
Flag Wed Jan 8, 2014
Hello Bev,

I believe the education pays for itself w/ level of expertise.
1 vote Thank Flag Link Thu Jan 2, 2014
Yes they do !!

They can be explained on your web site
or signature line.

Best regards
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1 vote Thank Flag Link Thu Jan 2, 2014
I believe they are helpful for those agents who have not been in the business long and are just starting out. However, I think years of experience far outweigh a designation which, in my opinion, outside of our industry most people don't have any idea what they stand for as you clearly noted in your question.
0 votes Thank Flag Link Mon Jan 13, 2014
I think that they are more of an ego stroke than anything else. I know of plenty of top-performing agents who don't have those letters after their name.

Seriously, I believe that the entire thing is a racket designed to appeal to an emotional need of Realtors. Remember, many agents don't go to college and on top of that there are very few agents who get graduate-level degrees from high-quality institutions. At some point in a person's life, they see their peers crossing into their 40's and it seems like they're getting masters degress left and right with one or two announcing on Facebook that they are getting a Ph.D.

Whether they admit it or not, a sense of envy develops. After all, am I not a successful professional on part with any engineer, sociologist, or psychologist? They want the prestige that goes with having something akin to a "Masters of Psychology" label framed and fixed to their wall.

Somewhere along the way someone figured this out and created classes which can help people with these unspoken emotional pains. After all, a successful agent won't have time to get a graduate degree that's worth these classes give a false sense of accomplishment that scratches that itch.

I'm not saying that I wouldn't take any classes. I have one in mind to take down the road...but I would rather have a hugely dedicated and interactive social media following than all the designations put together.
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0 votes Thank Flag Link Wed Jan 8, 2014
It really would be beneficial if the general public was aware of the various credentials and what they indicate. Taking the time, and having the desire to improve your performance as a professional is important for the consumer and for us. Everything you learn is important!
0 votes Thank Flag Link Tue Jan 7, 2014
I agree with many of the comments; the level of education itself will pay off through your expertise and gained knowledge.
0 votes Thank Flag Link Tue Jan 7, 2014
Hi Bev, Being a realtor for over 20 years I can tell you that the wealth of knowledge you will gain from continuing education in your real estate career will far exceed the designations after your name. In that respect it will definitely pay off. I don't regret any courses I have taken and I'm always open to learning more.
0 votes Thank Flag Link Mon Jan 6, 2014
I never thought about it really. I suppose they can make you seem more important, or give the impression that you've studied more. I sure hope that most folks aren't making the decision to choose somebody just because of those things.
0 votes Thank Flag Link Thu Jan 2, 2014
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