Friday, July 30, 2010

Accredited Buyer Representative

March 28, 2008 by Deborah  
Filed under Realtor Designations

The Accredited Buyer Representative (ABR®) designation is the benchmark of excellence in buyer representation. This coveted designation is awarded by the Real Estate BUYER’S AGENT Council (REBAC), an affiliate of the National Association of REALTORS®, to real estate practitioners who meet the specified educational and practical experience criteria.Only REALTORS who have met all ABR Designation requirements and have been awarded the ABR Designation are permitted to call themselves an ABR designee and use the ABR logo. To earn and maintain the ABR Designation, an Agent must be a member in good standing with the Real Estate BUYERS AGENT Council and the National Association of REALTORS.

The Real Estate Buyer’s Agent Council, REBAC, was founded in 1988 to promote superior buyer representation skills and services. An affiliate of THE NATIONAL ASSOCIATION OF REALTORS® since 1996, REBAC’s membership now numbers well over 50,000 and is the worlds largest organization of real estate professionals concentrating on buyer representation. Members who meet all course and professional experiential requirements are awarded the ABR® (Accredited Buyer Representative) and/or ABRMSM (Accredited Buyer Representative Manager) designation(s). Both are the only designations of their type recognized by NAR.

The ABR® designation is geared towards agents who wish to enhance their buyer representation skills, and provides proof to prospective buyer-clients of their proficiency at servicing the special needs of buyers. The ABRMSM designation, on the other hand, is intended for owners, brokers and managers who have or intend to incorporate buyer representation into their company’s service offerings. Developed in partnership with the Real Estate Brokerage Managers Council of THE NATIONAL ASSOCIATION OF REALTORS®, the education program includes the ABR® Designation course as a requirement, though not the designation itself.

REBAC supports its members through a variety of benefits and publications designed to keep members informed of developments in buyer representation and to assist members improve their business. REBAC also promotes the advantages of professional buyer representation to consumers.

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