Real Estate info. What is a CRS?

Some Realtors have an alphabet soup after their name. Most of the public has no idea what the initials stand for or what is involved to acheive the designation.

CRS stands for Certified Residential Specialist. To receive the CRS designation, the candidate must successfully complete 4 Elective course units and meet the production requirements. The production requirements are
1. 75 transactions within 5 years or $25 million in sales within 5 years and 4 core course units or
2. 25 transactions or $8 million in sales with a minimum of 10 transactions in 2 years and 6 core course units.

The coursed required usually run 2 days at a cost of $250.

There is an application fee of $190. and a yearly charge of $120. to maintain membership.

Less than 4% of Realtors hold the Certified Residential Specialist designation. Members often refer business to each other because having the designation indicates education and experience.

Do you have questions? Contact me.