ABR stands for Accredited Buyers Representitive.
To earn the ABR designation a Realtor must complete all four (4) requirements:
1. Successful completion of the two-day Accredited Buyer's Representative (ABR®) Designation Course, including an 80 percent passing grade on the exam. After the Realtor completes this course they have three (3) years in which to complete the other ABR® designation requirements.
2. Successful completion of one of the ABR® elective courses, including an 80 percent passing grade on the exam.
3. Documentation verifying five (5) completed transactions in which the Realtor acted solely as a buyer representativentative (ABR®) Designation Course are eligible for credit. Documentation necessary for each of your five (5) completed transactions:
4. Maintain active and good membership status in the Real Estate Buyer’s Agent Council (REBAC) and the National Association of REALTORS®.
Why Use an ABR®? REALTORS® Experienced in Buyer Representation?
Buying a home is no small matter. Besides being the largest financial transaction you may ever undertake, it’s probably also the most complex. There are many good reasons to work with a qualified real estate professional—especially a trained professional who has earned the Accredited Buyer’s Representative (ABR®) designation, representing best-in-class buyer services. When you look for an ABR® before you look for a home, you’ll be served, not sold. Your interests become their interests. And you’ll be working with someone who has gone the extra mile by completing specialized training in delivering the best in buyer-representation services. Plus, a REALTOR® who has an ABR® Designation also has an established track record, with proven experience in representing the concerns of homebuyers. The ABR® Designation is awarded through the Real Estate Buyer’s Agent Council, or REBAC, which was founded in 1988 to promote superior buyer-representation skills and services. REBAC is an affiliate of the National Association of REALTORS® (NAR).
May 13, 2009
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