Designations
Real Estate Designations
What is ABR? CRS? CLHMS? During your search for a REALTOR®, you have probably come across many of these acronyms, but what do they mean? Each abbreviation represents a real estate designation, meaning the person holding these distinctions has gone above and beyond what is needed to get and maintain a real estate license. They have taken additional courses, classes and exams to earn these designations and provide their clients with more experience and resources. Read below for more information on the designations earned by The Kristan Cole Team.
ABR
Accredited Buyer Representative
An Accredited Buyer Representative is a salesperson who is qualified to provide buyer representation and who is familiar with buyer brokerage and buyer agency issues. To get and maintain this designation, an agent is required to complete a 12-hour course, be an active member in Real Estate Buyer's Agent Council (REBAC), and have five or more documented sales during the previous 18-month period. The Buyer Representatives on The Kristan Cole Team sell an average of 25 properties per year.
CCIM
Certified Commercial Investment Member
A Certified Commercial Investment Member is a specialist in the commercial real estate and investment market. A CCIM can provide valuable information to anyone buying, selling or investing in commercial real estate. This designation is presented by the Commercial Investment Real Estate Institute (CIREI) after the agent completes a graduate-level course of study and has applied this knowledge in the field. Kristan is one of the only two CCIMs in the Mat-Su Valley.
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.
CRS
Certified Residential Specialist
A Certified Residential Specialist is 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.
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®.
Howard Brinton Star Power Star
The Star Power organization is a hand-picked group of approximately 150 of the most successful REALTORS® in the country. "Stars" typically average more than 200 transactions per year and have the opportunity to share their knowledge and experience with other “Stars” through various conferences and summits.
Allen F. Hainge CyberStar®
Each Allen F. Hainge CyberStar® is a leading sales associate in his or her marketplace. A CyberStar® must adhere to four basic standards before selection. First, the associate must complete 50 or more transactions or $5+ million in closed volume during the past year. Secondly, the associate must have a professionally designed custom website. The associate must also have demonstrated commitment to using technology in their marketing efforts. And finally, they must be willing to share real estate technology and ideas with other CyberStars® through efforts online and during various CyberStar® meetings.
CLHMS
Certified Luxury Home Marketing Specialist
A Certified Luxury Home Marketing Specialist is a member of The Institute for Luxury Home Marketing. Members of this organization have demonstrated their skills and expertise in the luxury home market as well met rigorous performance guidelines, including selling luxury homes over $500,000.
