{"id":43985,"date":"2023-01-12T04:45:00","date_gmt":"2023-01-12T04:45:00","guid":{"rendered":"https:\/\/businessyield.com\/?p=43985"},"modified":"2023-02-10T14:52:06","modified_gmt":"2023-02-10T14:52:06","slug":"real-estate-certification","status":"publish","type":"post","link":"https:\/\/businessyield.com\/real-estate\/real-estate-certification\/","title":{"rendered":"REAL ESTATE CERTIFICATION: Top 10 Picks & How To Obtain Them","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\n
In a few months, you can become a licensed real estate agent. While that brief ramp-up may be appealing to you, you can bet it is also appealing to many others in your city. These individuals will become your competitors. Try enticing clients with your sophisticated skills to stand out. Earning your real estate agent certification can show the market that you’ve mastered your craft. With a real estate certification, you can not only progress in your profession but also specialize in a field that interests you. We have compiled a list of the 10 best certifications for a real estate agent and how you can obtain them online. We have also outlined the cost of each of them to help you plan on how to obtain the real estate certification.<\/p>\n\n\n\n
Real estate certifications and designations allow real estate professionals to demonstrate their credentials and exhibit experience in specific areas of the real estate market. They are granted by numerous real estate organizations and serve as proof that a real estate expert is well-versed in all facets of a certain real estate speciality. Earning a real estate certification will help you improve your reputation and thus increase your chances of gaining clients if you are trying to advance your real estate agent career.<\/p>\n\n\n\n
As a member of the Residential Real Estate Council, the Certified Residential Specialist (CRS) title offers you with a foundation in education and experience. This real estate certification provides agents with methods and access to the council’s online and print dictionaries. Agents will also benefit from preferred member pricing at RRC events and local networking through their state RRC association. This will help them improve their reputation, gain a competitive advantage, and create leads.<\/p>\n\n\n\n
Members also receive up to a 50% discount on most RRC education, a free subscription to Inman Select News, and free mobile customer relationship management (CRM) and lead creation tools. These will assist agents in increasing brand awareness and expanding their residential real estate company.<\/p>\n\n\n\n
To become a CRS, join the RRC and choose between the 60\/30\/30 Program and the Pro Program. Applicants for the Pro Program must have 16 hours of RRC education, 10 or more years of experience as a licensed agent, and a total of 150 transactions, or an average of $1 million in sales per year with at least 40 transactions. To qualify for the 60\/30\/30 program, participants must have completed 30 hours of RRC education, 60 transactions, or $30 million in volume in the previous five years.<\/p>\n\n\n\n
The Accredited Buyer’s Representative (ABR) accreditation provides real estate brokers who work directly with buyers with additional authority. This certification demonstrates your commitment to buyers, promotes you as a real estate agent negotiation specialist. It also ensures that your buyers receive high-quality assistance throughout the search and selection process. This title grants access to marketing tools, resources, networking, and referrals.<\/p>\n\n\n\n
ABR provides essential real estate education, such as specialized material, workshops, and updates that keep you up to date on homebuyer issues and trends.<\/p>\n\n\n\n
To qualify for your ABR, you must first join the National Association of Realtors (NAR) and the Real Estate Buyer’s Agent Council (REBAC). Then you must complete the two-day ABR course and earn at least 80% on the exam. Then, enroll in an ABR optional course and get at least 80% on the final test. After that, you must conduct five transactions as the buyer’s agent (no dual agency permitted).<\/p>\n\n\n\n
For realtors who desire to specialize in commercial real estate, earning your Certified Commercial Investment Member (CCIM) accreditation is a distinct advantage. The real estate agent certification procedure ensures that CCIMs are proficient in both commercial transaction theory and practice. This category of CCIMs includes brokers, leasing specialists, investment counselors, asset managers, appraisers, property managers, developers, institutional investors, commercial lenders, and other related professions.<\/p>\n\n\n\n
CCIM members have access to a network of 13,000 members in the United States and throughout the world, as well as exclusive savings on CCIM courses. It also provides real estate tools, tuition reductions, CCIM.net email with Google G Suite, deal sharing, pre-designed spreadsheet templates, CCIM company forms, and an excel CCIM financial calculator.<\/p>\n\n\n\n
To qualify for your CCIM, you must complete the education components such as the two-day Course Concepts Review (CCR) and six-hour Comprehensive Exam, as well as pass the final exam with at least 70%. (coursework includes three different classes). You should also have at least two years of experience in commercial real estate. Then, submit a portfolio of relevant experience (except for Fast Track students).<\/p>\n\n\n\n
Annual CCIM Institute membership dues:<\/p>\n\n\n\n
The Institute of Real Estate Management offers the Certified Property Manager (CPM) designation (IREM). Real estate professionals such as brokers, building owners, and investors can use the CPM certification to manage properties more ethically and successfully. Being a CPM also ensures investors that you understand rental property management<\/a> and how to enhance the value of their homes.<\/p>\n\n\n\n Furthermore, CPM allows you to advance in your career because more than half of CPMs hold senior-level management roles. CPM will also assist you in expanding your network by creating business connections, meeting potential employees or employers, and consulting with other professionals.<\/p>\n\n\n\n To qualify, candidates must have three years of qualifying real estate management experience, complete eight CPM certification courses, and pass the CPM Capstone. Aside from these qualifications, all CPM candidates must have 36 months of qualified real estate management experience, including portfolio requirements. Attend at least two IREM chapter events and join NAR as an institute affiliate member.<\/p>\n\n\n\n Accredited Land Consultant is another certification offered to NAR members (ALC). ALCs are the most accomplished, experienced, and knowledgeable land professionals. This certification demonstrates to clients that you are an expert in land-related real estate transactions. ALC also connects agents to a network of ALC designees who work to develop and share expertise, foster trusted relationships, and expand business prospects.<\/p>\n\n\n\n Candidates must have a current real estate license and at least two years of experience in land sales or brokerage to become an ALC. Candidates can also demonstrate that they have at least three years of relevant real estate experience.<\/p>\n\n\n\nCPM Real Estate Certification Cost:<\/h4>\n\n\n\n
#5. Accredited Land Consultant (ALC)<\/h3>\n\n\n\n