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Have you ever noticed the abbreviations that follow a REALTOR’S® name? Do you often wonder what they stand for? Those acronyms are designations, and they usually mean that an agent has received advanced training beyond the minimum education necessary to maintain a real estate license. They have chosen to take classes, attend seminars, and attend workshops to gain more insight into the target real estate market. Below are designation earned by the professionals at Hoien Realty to provide better quality service to buyers and sellers.
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CRS (Certified Residential Specialist) – CRS is considered the "master's degree of residential real estate.” Every CRS must have a proven track record in the business, as well as additional education courses in finance, technology, marketing and other real estate-related subjects. This designation is presented by the Residential Sales Council. This designation is held by fewer than 4% of all REALTORS® nationwide. |
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GRI (Graduate, REALTOR® Institute) – GRI is a nationally recognized real estate designation. This designation may only be earned by professionals who successfully complete a rigorous program that includes 92 hours of live course instruction from a statewide faculty selected because its extensive experience in their own areas of expertise. This designation is available only to members of the local, state and National Association of REALTORS®. |
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CDPE (Certified Distressed Property Expert®) – Foreclosure wrecks havoc on families, finances, and believe it or not, health. Real estate agents who earn the CDPE designation from the Distressed Properties Institute understand the delicacy of the situation. Agents are experts in helping clients review their options and how to implement effective strategies, reveal short sales and discuss how foreclosure affects credit rating. |
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REALTOR® – A REALTOR® is a real estate licensee and a member of the National Association of REALTORS® (NAR) who has agreed to abide by the high ethical standards set by NAR. Not every real estate agent is a REALTOR®. Look for the REALTOR® logo or ask an agent if they are a REALTOR®. |
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