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Professional Designations | Overview |
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Realtors® have the opportunity to increase their skills, productivity and knowledge by taking advantage of the more than one dozen real estate designation and certification programs offered through the Institutes, Societies and Councils affiliated with the National Association of REALTORS®. Surveys show that agents and brokers who hold professional real estate designations are more productive and earn more income than those who don’t.
The Greater New Bedford Association of REALTORS® is very pleased to offer its members the opportunity to fill some of the requirements for these designations here at our Member Service Center. We are currently offering one module required for the Graduate, REALTOR® Institute (GRI). We hope to offer one designation course in the Fall. Be sure to check back
for updates. Below is a brief description of the GRI designation as well as other designations
which we have offered in the past.
The GRI designation is a professional development training program for residential real estate professionals interested in increasing their knowledge and business skills in the fundamentals of real estate practice. It consists of six modules which comprise the 90 hour Realtor® Institute program. The modules may be taken in any order, however all six must be taken within a five-year time frame. For more information on the program, go to MAR’s website at www.marealtor.com .
The SRS Designation (Seller Representative Specialist) is awarded by the SRS Council, LLP. The two day course consists of four modules spaning from taking the listing, marketing, selling and closing along with the legal and Code of Ethics issues at each phase of the transaction. The SRS designation is obtained by successfully completing the two day course.
Included in the cost of the course is a one year membership to the SRS Council. this membership must be maintained to continue use of the SRS Designation. No additional electives are required at this time. As well as obtaining the Designation, 10 continuing education credits will be awarded which consist of: Buyer Agency, Seller Agency, Contract Law, Offers and the Mandatory Quadrennial Code of Ethics. For more info on this designation
please refer to www.srscouncil.com.
The ABR designation (Accredited Buyer Representative) is a benchmark of excellence in buyer representation. It is awarded by the Real Estate Buyer’s Agent Council (REBAC) to real estate practitioners who meet the specified educational and practical experience criteria, including successful completion of the ABR Course, successful completion of an approved elective course, documentation verifying five completed transactions in which the ABR candidate acted as a buyer representative, and membership in REBAC and NAR. For more information on this designation, go to REBAC’s website at www.rebac.net .
The CBR designation (Certified Buyer Representative) was developed to teach real estate practitioners the skills necessary to effectively practice ethicaal, non-adversarial buyer agency in today's competitive marketplace. Participants in this course learn the foundations of agency law and practice, how to counsel buyer clients, and how to manage risk. Also included is instruction on client level negotiations, methods of compensation and the marketing techniques of buyer representation and are introduced to the standard forms used by today's buyer agents.
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