Getting Your ABR Designation

Dated: 07/01/2014

Views: 558

Why should I earn the Accredited Buyer’s Representative (ABR®) designation?
The Accredited Buyer’s 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.

In addition, REBAC provides many membership benefits to help your business grow and keep you up-to-date and networked, with new enhancements added each year.

What are the ABR® designation requirements?
Four (4) requirements must be met to attain and use the ABR® designation:

Successful completion of the two-day Accredited Buyer’s Representative (ABR®) Designation Course, including an 80 percent passing grade on the exam. After you complete this course you will have three (3) years in which to complete the other ABR® designation requirements.

Successful completion of one of the ABR® elective courses, including an 80 percent passing grade on the exam. This course may be taken prior to completing the Accredited Buyer’s Representative (ABR®) Designation Course.

Documentation verifying five (5) completed transactions in which the ABR® candidate acted as a buyer’s representative. Any transactions closed prior to taking the ABR® Designation Course or closed within three years after completing the course are eligible for credit. The documentation necessary for each of your five (5) completed transactions are as follows:

Copy of the signed buyer agency agreement OR purchase/sale agreement OR disclosure statement.

The contract must verify the agent's name and/or include the agent's signature as the buyer's agent.
Providing only the name and/or signature of the buyer's agent's broker is not sufficient.
AND

Copy of the closing/settlement statement verifying that each transaction closed.

Membership in good standing in the Real Estate Buyer’s Agent Council (REBAC) and the NationalAssociation of REALTORS®.

Important Note: All requirements must be completed within three years of passing the Accredited Buyer’s Representative (ABR®) Designation Course.
Denver Colorado Realtor -Michael Steffen Michael is a motivated realtor specializing with investors and new home buyers located in the following areas; DenverArvada Aurora Bennett Byers Castle Pines Castle Rock Centennial Cherry Hills Village Columbine Valley Deer Trail Denver Elbert Englewood Franktown Greenwood Village Highlands Ranch Larkspur Littleton Lone Tree Parker Sedalia Sheridan Strasburg WatkinsWheat Ridge, Lakewood, Castle Rock, Thornton, Westminster, Evergreen, Golden. Michael Steffen 
Blog author image

Generation Property Group

My name is Michael Ross Steffen. I’m an Exit Realty Cherry Creek Agent in the Denver metro area and Team Leader For Generation Property Group! We specialize in advanced Internet marketing, buying, s....

Latest Blog Posts

Neighborhood of the Week! Wash Park!

Our featured neighborhood of the week is Washington Park! With luscious landscaping, two lakes, and friendly atmosphere we think Wash Park is the absolute prime location for Denver Real Estate.

Read More

Take a Hike!

As much as we love the Denver real estate market we also love spending time with our loved ones outdoors! Here are our top favorite hiking trails not far from Denver. Lair O the Bear A

Read More

Top Home Decor Trends for 2020

If you love decorating your home as much as we do, you'll love these Denver real estate market trends for 2020.Spice Up The Bathroom.Since bathrooms are typically small.. it's a great space to

Read More

When Should I Buy A Home?

When is a good time to buy a home? We always say.. the best time to buy a home is when you can afford it. Buyers should always explore their loan options by taking a look at interest rates if they

Read More