In order to get a designation or certification an agent has
to go through many steps. The following is a general explanation of what it
takes for an agent to be given some certifications.
One certification that many agents have is e-Pro. E-Pro
simply requires that the agent take a class on the most basic computer skills.
E-Pro certification allows the agent to become as knowledgeable as possible
with email and web, giving their clients the assurance that they will be able
to help them to the best of their ability.
Before hiring an agent, many real estate clients consider
this certification to be a bare minimum.
One of the easiest credentials to obtain is REALTOR. Though
it may be an easy credential to obtain, it is one of the hardest to maintain.
Keeping up with an organization is always a task and when you achieve the
REALTOR certification, you then belong to the National Association of REALTORS.
Also, by belonging to the association, the realtor now has to follow the
Realtor Code of Ethics.
One certification that is significantly harder to obtain is
Broker. For example, in some states, in order to receive a broker license that
agent has to be able to run and operate their own real estate company. Before
applying for a Broker License an agents has to spend 600 hours in real estate
education and have their license for two years. This is all before they even
apply, after applying the agent has to take an exam administered by the state.
The Broker license is granted upon completion of the exam. Brokers are
generally sought after by clients because of their lengthy education.
Graduate Realtor Institute, or GRI, is something that not
very many agents have. This certification is obtained by less than half of
agents. The GRI involves twelve days of education. This course involves three
exams that the agent has to pass. Without any time requirements, this seems
difficult, but the agent simply has to sit in class for 12 days and take the
exams. Though this certification looks nice, it is by no means a good way to
measure the agent for actual real estate sales experience.
An ABR, or an Accredited Buyer's Representative is another
certification that an agent can receive. Very few Wimbledon estate
agents, less than 30%, have obtained this certification. Proof of five
buyer sales is one of the requirements to obtain this certification. In order
to have this certification, the agent must be sure to be able to provide proof
of at least 5 buyer sales. Following this prerequisite the agent is then
required to take two days of classroom work and pass an exam. This is a highly
desired certification because it shows the agent has had both formal class time
and actual real estate sales experience.
Certified Residential Specialist, or CRS, is one of the most
difficult certifications for agents to receive. This has a lesser percentage
than even GRI, at less than 10% of agents. Gratifying this certification as one
of the hardest, it shows agents of Hamptons in
Wimbledon who have had extensive real estate education and real world real
estate sales experience. Three qualifications are required before an agent can be
awarded this certification. The agents have to attend three different short
classes, take and pass three exams, as well as have proof of 25 transactions
that they successfully performed in the last two years. This is a great
certification that is used to distinguish between experts in the business and
those who have no experience or no interest in continuing education.
Continue reading from the main site.
No comments:
Post a Comment