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Affiliations & Accreditations
The Council was founded in 1976 and has four objectives:
At Home with Diversity Certification AHWD certification relays to the public that those certified have been professionally trained in and are sensitive to a wide range of cultural issues, thus inviting a wider volume of business from a greater variety of cultures. Q: When Is a Real Estate Agent a REALTOR®? Founded in 1908, NAR has grown from its original nucleus of 120, to over
800,000 members today. NAR is composed of REALTORS® who are involved
in residential and commercial real estate as brokers, salespeople, property
managers, appraisers, counselors and others who are engaged in all aspects
of the real estate industry. Working for America's property owners, the NATIONAL ASSOCIATION of REALTORS® provides a facility for professional development, research and exchange of information among its members. e-PRO is the only designation program of its kind recognized nationwide
and endorsed by the NATIONAL ASSOCIATION OF REALTORS® (NAR).
The agent is compensated by the buyer through a negotiated fee or in some states the commission is split between the buyer's and seller's agents based on the selling price of the real estate property. It is important for the consumer to discuss the buyer agent's compensation in the initial interview. In many cases it is recommended that the consumer and buyer agent agree to the terms of compensation prior to viewing real estate properties and sign a written agreement based on these terms. This agreement should spell out the responsibilities of both parties throughout the real estate transaction. It is important to note that in some states, legislation has been enacted to protect the buyer to the point that absent a written agreement the agent represents the buyer throughout the real estate transaction. Consult your local REALTOR® for complete details when you first start the search for purchasing any real estate property. Q: Why use a Real Estate Buyer's Agent? The benefits of using a Buyer's Agent:
The Real Estate Buyers 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, REBACs membership now numbers well over 40,000 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 Buyers Representative) and/or ABRMSM (Accredited Buyers Representative Manager) designation(s). Both are the only designations of their type recognized by NAR. GRI, which stands for Graduate REALTOR® Institute, is a nationally recognized professional real estate designation. The GRI designation is a real estate industry designation similar to various industry designations such as:
This designation may only be earned after successfully completing
a rigorous educational program. This program requires 92 hours of live course instruction from a statewide faculty selected
because of extensive experience in their own areas of expertise
This designation is available only to members of the local, state and National Association of REALTORS®. GRI is recognized nationwide as the standard for real estate professionalism and knowledge. The GRI designation is granted through the California Association of REALTORS® whose courses of study meet the standards established by the National Association of REALTORS® WCR
WCR is a family of real estate professionals, unique in our focus both on business and personal development. Through participation in WCR, we encounter a support network, ready and willing to help us achieve our individual potential for success. WCR believes that success in business today requires positive, productive relationships. WCR provides an environment in which we can form, nurture and maximize relationships at many levels, from bottom-line business transactions to ongoing mentoring for career development. As WCR members, we share freely of our time, talent and experience because we know it will come back to us many times over. WCR membership is a sign of credibility. We are established career professionals. We operate based on a shared value system of integrity, consistency, creativity, compassion and a commitment to excellence and continued development. We believe that these are the skills and qualities that will advance the real estate profession. Today, with more than 260 Chapters and 14,000 members, WCR is the 17th largest U.S. Women's professional organization and has one of the most successful communication networks in the NAR family. Chapters include men and women who support the objectives of WCR and are interested in serving the industry, the community and fellow REALTORS®. Transnational Referral Certification
As a Realtor of this Transnational Referral Certification you become a member of ICREA. The International Consortium of Real Estate Associations (ICREA) is a global alliance of leading national real estate organizations in the world's major markets. ICREA assists members of these national organizations by helping them efficiently and profitably facilitate cross-border business. ICREA also assists buyers and sellers in locating properties outside their country and in locating a real estate professional who abides by a code of ethics and can best meet their individual needs. The advantage to real estate clients are enormous since they can feel as ease working with their present Realtor in conducting an international transaction with local assistance.
As national real estate associations worldwide look to respond to industry issues for a global marketplace, several factors have converged that dictated the need for a strong global alliance: Globalization has had an immediate and powerful impact on real estate markets, attracting the attention of real estate professionals worldwide. Practitioners with a local focus are seeking to expand their businesses into the international sphere, and look to their real estate associations for advice and assistance. The rapid growth of the Internet has made the international market accessible to millions of consumers. Current estimates are that more than 650 million people are online and by 2004 the number will have reached close to 1 billion. Most of the growth will take place in Asia, Latin America and parts of Europe. The value of commerce connected to the real estate industry is staggering. Residential real estate sales in 2000 for the U.S. alone approximately one trillion U.S. dollars. As a result, many companies view the global real estate market as a source for significant revenue potential who may not have the interests of the real estate agent or the consumer in mind. Professional associations need to work together to keep real estate practitioners central to the transaction and endorse ethical business practices. Value to our Consumers - In today's market, real estate is complex enough when the transaction is local. Adding an international element to the deal makes it even more so. ICREA helps consumers understand the global market business practices and can assist both buyers and sellers. Using online resources, buyers and sellers can learn about how real estate is transacted in the country of interest, so they are prepared for the differences from the practice in their home country. Buyers can search for properties among more than 3 million listings, and locate a broker who will work in a cooperative manner with a broker in another country to ensure the best possible service. Sellers can locate a broker who will market their properties to a worldwide market. This is especially important for sellers with distinctive properties that will attract buyers from around the globe in search of a vacation, resort, or luxury property, or simply one that's unique within its local market. ICREA's greatest value to consumers, however, is the ICREA network of brokers-more than 1 million-who are affiliated with leading national organizations and adhere to a code of ethics that commits them to professionalism and service to their customers and clients. |
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The Certified International Property Specialist Network (CIPS
Network) is the specialty membership group for international practitioners
of the National Association of REALTORS®, the world's largest trade
association. The CIPS Network is comprised of 1,400 real estate professionals
who deal in all types of real estate, but with one common element: they
are focused specifically on the "international" market. Whether
traveling abroad to put deals together, assisting foreign investors, helping
local buyers invest abroad, or serving an immigrant niche in local markets,
CIPS members are consumers' best resource to ensure they are dealing with
a professional skilled in the unique aspects of international real estate.
The Council of Residential Specialists is a not-for-profit affiliate
of the NATIONAL ASSOCIATION OF REALTORS®, with its
headquarters in Chicago, Illinois. It is composed of nearly
40,000 Certified Residential Specialists (CRS) and only 4% of
the Nations 900,000 Realtors earn this distinctive designation.
The association was created to attract and retain those REALTORS® seeking the knowledge,
tools and relationship-building opportunities needed to maximize their income
and professionalism in residential real estate.
America is becoming an increasingly multicultural society. The
rapidly growing population of minorities and immigrants
consider buying a home a top priority. For many families home ownership
serves as a stepping stone to prosperity and represents
the American way of
life. Expanding home ownership will strengthen our nation's families
and communities. NAR publicly promotes the REALTORS® role in providing
equal and affordable housing opportunities for all Americans
through a variety of programs: The At Home with Diversity:
One America certification, the Cultural Diversity Program, and
a host of outreach and educational initiatives. THE NATIONAL
ASSOCIATION OF REALTORS® has
a vision of REALTORS® being the leaders in a culturally diverse real
estate market. REALTORS® who are able to effectively reach out to all
racial and ethnic groups in their community are not only positioned
for success but can take pride in knowing that they have participated
in the
expansion of home ownership to all Americans.
A: A real estate agent is a REALTOR® when he or she becomes a
member of the NATIONAL ASSOCIATION of REALTORS®, The Voice for Real
Estate®,
the world's largest professional association. The term REALTOR® is a
registered collective membership mark that identifies a real
estate professional who is a member of the NATIONAL ASSOCIATION
of REALTORS® and
subscribes to its strict Code of Ethics.
An e-PRO is a REALTOR® who has successfully completed the e-PRO
training program for real estate professionals. Endorsed by the
National Association
of REALTORS®, the e-PRO professional understands the nuts and bolts of
working with real estate on-line: Web sites, e-mail, on-line tools, and most
of all, what today's consumer really wants.
ABR (Accredited Buyer Representative) The ABR designation is the benchmark
of excellence in buyer representation. This coveted designation
is awarded to REALTORS by the Real Estate BUYERS AGENT Council (REBAC) of
the National
Association of REALTORS who meet the specified educational
and practical experience criteria. 
The Real Estate Buyers Agent Council, Inc.
CPA - Certified Public
Accountant, an accounting industry
designation 
WCR
is a community of real estate professionals creating business opportunities,
developing skills for the future and achieving our individual potential
for success.
The Transnational Referral Certification is a certification developed by the International Consortium of Real Estate Associates (ICREA) that integrates international referrals as a benefit to improve customer service worldwide. This certification demonstrates to other real estate professionals that you are well versed in the procedures of the TRS program and have pledged to follow a code of conduct in business dealings in an international transaction. 
The International Consortium of Real Estate Associations (ICREA) is a global alliance of leading national real estate organizations in the world's major markets. ICREA assists members of these national organizations by helping them efficiently and profitably facilitate cross-border business. ICREA also assists buyers and sellers in locating properties outside their country and in locating a real estate professional who abides by a code of ethics and can best meet their individual needs. Contact ICREA at