As you know from reading REALTORS® e-mails, websites, bios and such there is an alphabet soup that we REALTORS® love to share with other clients and the public. These letters correspond with certain “designations and certifications” offered by the National Association of REALTORS® in order to expand our knowledge base and continue our education. The following is a description of each REALTOR® Designation and what it may do for you or someone you know:
ABR: Accredited Buyer’s Representative: The ABR is designed for the real estate buyer agent that may want to FOCUS on working directly with BUYER-CLIENTS at every stage of the home buying process. Just because your listing agent has the designation just means that they are well versed in working with either buyers or sellers as the case may be.
CRS: Certified Residential Specialists: This designation is the highest credential awarded to a residential sales agent, a manager, or a broker.
GREEN: This allows the real estate professional to successfully seek out, understand, and market properties with GREEN features.
GRI: Graduate, REALTOR Institute: REALTORS® with their GRI’s have in-depth training in legal and regulatory issues, technology, professional standards, and the sales process.
SRS: Seller Representative Specialist: This is the premiere credential in seller representation. It was designed to elevate the professional standards and enhance personal performance.
SRES: Seniors Real Estate Specialist: This program educates REALTORS® on how to profitably and ethically serve the real estate needs of the fastest growing market in real estate; clients 50+.
RSPS: Resort and Second Home Property Specialist: This is for the REALTORS® who facilitate the buying and selling, or management of properties for investment, development, retirement, or second homes in a resort, recreational and/or vacation destination.
SFR: Short Sales and Foreclosure Resource: This certification teaches real estate agents to work with distressed sellers and the finance, tax and legal professionals who can help them in the process and qualify the sellers for short sales, develop strategies to market the homes, negotiate with lenders and protect buyers.
Each of these and the other certifications and designation programs that are not listed here all require the respective agent to attend core courses, elective courses, have already worked with and have a working knowledge and base with these types of clients, complete final tests and then continue their learning with practical experiences.
While there are additional designations, the above are the ones held by one or more members of the Outer Banks Blue Realty Sales Team. We are proud of our REALTORS® and their continued efforts to expand their knowledge base for you our clients.