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You might think that all Buyer Agents are alike. Not so. There are two entirely different opinions on the definition of the term.
NAEBA
Members of the National Association of Exclusive Buyer Agents represent only buyers. They never handle listings, even for their own homes.
REBAC
The Real Estate Buyers Agent Council is associated with the NAR (National Associated of Realtors). Some members choose to be exclusive Buyer Agents, but others represent both buyers and sellers, depending on the transaction.
Although they aren't required for membership, this group awards two designations for completion of Buyer Agency training. The ABR (Accredited Buyer Representative) is awarded after successful completion of a 2-day class. The ABRM (Accredited Buyer Representative Manager) is the more advanced designation given to broker/managers.
Visit both Web sites to learn more about the differences between NAEBA and REBAC.
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