Real Estate Designations: What Do Those Initials Mean?

You've probably noticed those string of initials after an agent's name representing real estate designations. What are they? What do they mean?

A real estate designation signifies that an agent has completed requirements designed to earn the status as a specialist in certain area(s). Not all designation requirements are equal. Some require a few hours on the Internet with an open book exam. Other are rigorous, demanding attendance in a classroom setting for weeks and recognized industry wide as tough to obtain. Almost all real estate designations are expensive.

As a side note, one of the few motivational seminar speakers I enjoy hearing speak, Terry Watson -- mostly because he's bursting at the seams with energy and outrageously funny -- encourages real estate agents to obtain every single designation humanely possible. He claims those acronyms -- while not quite in the same league as a Ph.D -- seem impressive. He's right; the public is gullible. He follows his own advice because this guy has acquired at least a dozen of them . . . read more about real estate designations

More Articles by Elizabeth Weintraub, click below:

• Hiring Listing Agents
  
• Hiring Buyer's Agents
  
• Who Pays Real Estate Agents?

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