Do you have a full bowl of alphabet soup?
SRES, GRI, CRS, RCS-D, E-Pro, EcoBroker, GREEN, LGLS CP, CLHMS, CSP, Etc...etc...
In a recent interview in the CAR (California Association of Realtors) Magazine Steve Goddard, CAR 2010 President, who has 13 real estate designations, was asked this question about designations.
'Q. If you had to recommend only one or two designations that an agent should earn in preparation for the market's return, which one(s) would it be?
A. I'd recommend that newer agents - in the first 5 years of their career-obtain their Graduate REALTOR Institute (GRI). Then the Certified Residential Specialist (CRS), if they are doing residential real estate transactions. I would ask everyone to get more educated in real estate and raise the bar for us."
Realtor Alphabet soup is often viewed by the public as a commitment to a real estate career. The very act of obtaining continuing education in various specialties does raise the bar for the clients who need those specialized services. Some Realtors buy into that theory and some do not.
Thinking about this as purely a business decision, any business benefits from continued and varied upping of the bar in their business in order to keep up with the competition, increase their market share and in reality keep their current clients. Examples would be a Realtor that 10 years ago didn't need a PDA or laptop and today has clients texting them with properties they want to view or seeing them on uTube. Savvy Realtors know that if you don't embrace the technology beast, you'll be out of business. And so the career professional Realtors take regular classes and designations in order to stay current and move their business forward. It is my personal opinion, If you are serious about your business, it's just good business.
What's your alphabet soup? Designation or not, where are you getting educated?
Terrylynn, Full bowl of Alphabet soup
CSP Realtor, SRES, CRS, GRI, EcoBroker, LGLS CP, RCS-D
Diablo Realty, Walnut Creek, California